HCMC promotes commercialization of high-tech products

10:36 | 29/03/2019 Science - Technology

(VEN) - High-tech zones in Ho Chi Minh City have created highly commercialized products, contributing positively to local economic development.

hcmc promotes commercialization of high tech products

Le Hoai Quoc, head of the Saigon Hi-Tech Park (SHTP) Management Board, said the SHTP has granted investment certificates to nearly 150 projects, including 93 domestic and 55 foreign-invested ones. The SHTP has attracted world-leading high-tech companies and corporations, such as Intel, Sanofi, Samsung, Schneider, Datalogic and Jabil. In particular, investors have focused on high-tech manufacturing (49.38 percent of total projects), research and development (25.92 percent), trade in services, and infrastructure development.

The SHTP now owns technologies that are having a great impact in the fourth industrial revolution like 3D printing, biotechnology, new material production, automation, and robots.

In addition to FDI companies, Vietnamese enterprises in the SHTP have also created highly commercialized products, such as WMC-01, Reader WMC-01, methanol synthesis process from the mixture of hydro and carbonic via film piles, Biosuncare - sunscreen protection in the drinking form, and TCCheck TC-918 - a tool for online water quality monitoring.

Along with the city’s focus on constructing creative urban areas, the SHTP is going to build an innovative startup ecosystem. The SHTP has formed five laboratories and maintained its investment in scientific and technological infrastructure to meet the current growth, while upgrading the existing transistor technology lab as well as developing the Micro Electro Mechanical Systems (MEMS) and sensors. In addition, its incubator has supported projects to commercialize successfully, all of which are Vietnamese ones.

Together with the SHTP, the Quang Trung Software City (QTSC) currently has 160 enterprises including software, digital content, and information technology services, and startups, with total registered capital of over VND2.6 trillion. In 2018, total revenues of those organizations in the QTSC reached more than VND10 trillion, a 2.5-fold increase compared to 2014. Of which, income from export activities accounted for the most, reaching nearly US$350 million, an increase of 38.7 percent compared to a year ago.

The QTSC has not only focused on software development, but also paid more attention to researching and manufacturing new products to serve various technological industries like mechatronics and communications.

Ho Chi Minh City provides an annual budget of more than VND200 billion for universities and research centers to

support the commercialization of high-tech products.

Thanh Thanh