| Objectives
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The resounding success of the Investment Mart 2005, organized in Ho Chi Minh City, has brought serious interests
from foreign investors all over the world, who have come and looked for business opportunities not only in Ho Chi
Minh City, but in the surrounding provinces as well.
The Southern Key Economic Zone, comprising of Ho Chi Minh City, Ba Ria - Vung Tau, Long An, Tien Giang, Dong Nai,
Binh Duong, Binh Phuoc, Tay Ninh is the most dynamic economic development, having high, sustainable growth rate
with GDP occupying 50% of the GDP nation-wide and absorbing 60% of total foreign investment in the country.
With the purposes of establishing the unifying efforts for investment appeal into the whole Zone and in the
preparation for the new waves of foreign investment into Vietnam after the WTO accession, the Investment & Trade
Promotion Center (ITPC) of Ho Chi Minh City, with joint efforts of the Southern Key Economic Provinces, organize
the second Investment Mart 2007.
Southern Key Economic Zone Investment Mart 2007, the official name of the event, will be held on Tuesday 30th -
Wednesday 31st October, 2007 at the Reunification Palace, Ho Chi Minh City.
The conference will focus the investment attraction on the areas:
• Infrastructure
• Real estates & New urban development
• Information Technology, Hi-tech development
• Services: Healthcare, Commerce, Education
• Indirect investment, capital markets, finance.
• Tourism
• Energy, Oil & Gas
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| Structure of Southern Key Economic Zone Investment Mart 2007
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Two integrated activities, exhibition and conference, will provide participants with excellent networking
opportunities. Projects appealing for foreign investment will be displayed at the exhibition park where
foreign investors could meet up with local project-owners for direct discussions. Business environment,
legal regulations and investment incentives will be presented in the conference, with break-out sessions
for detailed information, to give potential foreign investors the realistic picture of Vietnam as the
150th member of the World Trade Organization.
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| Conference participation
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Southern Key Economic Zone Investment Mart 2007 is organized with the participation of government economic
ministries, city departments, and provincial authorities, including:
• Vietnam Government
• Ministry of Planning & Investment
• Ministry of Trade
• Ministry of Finance
• State Bank of Vietnam
• Ho Chi Minh City Government
• The City Departments
• Provincial Authorities of the Southern Key Economic Zone: Dong Nai, Binh Phuoc, Binh Duong,
Ba Ria - Vung Tau, Tay Ninh, Long An, Tien Giang
• Projects' owners
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In addition, there will be close cooperation with multilateral agencies, associations,
and private sector organizations, including:
• American Chamber of Commerce (Amcham)
• European Chamber of Commerce (Eurocham)
• Jetro
• US Vietnam Trade Council
• General Consulates in Ho Chi Minh City
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The event organizers will also seek the maximum cooperation with all sponsors, to invite 200 multinational
corporations, international financial institutions from ASEAN, Japan, the United States and European countries
as well as local delegates to attend the conference.
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The Southern Key Economic Zone
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The Southern Key Economic Zone, which comprises Ho Chi Minh City, Dong Nai, Binh Duong, Ba Ria - Vung Tau, Tay Ninh, Long An, Binh Phuoc and Tien Giang
provinces, is one of the country's most dynamic economic zones. The zone accounts for 50% of the country's
gross domestic product and more than 60% of the foreign direct investment capital.
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• Economic growth
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In period 2001-2006, the Southern Key Economic Zone has reached rather high economic growth rate of 11.6%/year.
Industry is the fastest growing sector with the average growth rate of 13.21%/year for the period 2001-2006,
while service and agriculture sector grow at 10.91% and 6.21% per year, respectively.
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• Economic structure transformation
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The economic structure of The Southern Key Economic Zone is still –Industry-Service-Agriculture.
The fastest growth rate of Industry sector has increase the ratio of Industry from 54.37% in year
2000 to 62.61% in year 2006; whereas, the Service sector has decreased from 35.16% of GDP in year
2000 to 30.38% of GDP in year 2006.
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• Investment
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Development investment capital in the Southern Key Economic Zone has reached 569 thousand billion VND
for the period 2000-2006, with the growth rate of 19.4%/year. Among provinces, HCMC captures 52.37%
development investment capital of the whole economic zone.
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• Foreign Direct Investment
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From 1988 to 2006, The Southern Key Economic Zone has attracted 5223 foreign invested projects with the total
investment of 43.3 billion USD. HCMC, Binh Duong and Dong Nai are the three biggest areas that lured most projects.
HCMC has captured 47.9% total number of projects and 41.3% investment capital; Binh Duong captured 25.2% total
number of projects and 15.5% investment capital; and Dong Nai captured 16.7% total number of projects and 24%
investment capital of the zone.
Especially, the Zone has attracted more and more large-size projects. The Southern Key Economic
Zone
has now more than 66 EPZs and IZs in which 46 ones are running. These EPZs and IZs are luring more
than 1800 foreign invested projects with the total capital of USD 15 billion and creating about
600,000 jobs.
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• Export
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The export growth rate of Southern Key Economic Zone reached 17.1%/year in the period 2001-2006. In year 2006,
the export value was USD 32 billion. Among provinces, HCMC captures the highest ratio of 42.69% export value
of the whole zone in year 2006.
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| Development orientation till 2020
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1. Development goals (base on Decision number 146/2004/QÐ-TTg)
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• The growth rate of GDP will be 1.2 times (period 2006-2010) and 1.1 times (period 2011-2020)
growth rate of the country. The contribution ratio increases from 36% currently to 40-41% in year 2010 and 43-44%
in year 2020.
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• Increase the export value per capita from USD 1493 in year 2005 to USD 3620 in year 2010 and USD 22310 in year 2020.
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• Raise the contribution to the State budget from 33.9% in year 2005 to 38.7% in year 2010, and 40.5% in year 2020.
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• Boost up the technology innovation speed of 20-25%/year in the Industrialization process, increase the ratio of trained labor of more than 50% in year 2010.
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• Set up advanced quality centers of services and manufacturing, which have the international and Asean ‘s standards to meet the demand of the Southern Vietnam.
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• Lower the ratio of poor household to under 4% in year 2010, and under 1% in year 2020. The unemployment rate will be about 4% in year 2020.
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• Stabilize the population of 15-16 million persons in the Zone till 2020.
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2. Development orientation till 2020
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• Transform the economic structure of the Zone to Service-Industry-Agriculture.
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• Develop industries suitable with the comparative advantage of provinces in the Southern Key Economic Zone.
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• Grow the traffic beyond the development of economic industries, including road, marine traffic, railroad and air transport.
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• Expand the city space in the Zone and establish multi-center structure to create the development engine and relax the pressure of population growth into HCMC.
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• Build up the Sea economy by continuing exploiting petroleum, developing ship-building industry, etc.
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| Policies and recommendations
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1. Assign and adjust the socio-economic development plans of each province to ensure to exploit effectively competitive advantages of provinces in the Zone.
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2. Establish the linkage among provinces on various aspects including development planning, traffic infrastructure, environment processing and human resource training.
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3. Improve the Master Plan of socio-economic development of the Southern Key Economic Zone.
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4. Synchronize the cooperation among Ministries, Provinces’ authorities on the Southern Key Economic Zone.
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