Saigon Hi-Tech Park targets 50% renewable energy in push for net zero
Saigon Hi-Tech Park’s ambitious 50% renewable energy goal far exceeds the city’s 15% target, positioning the park as a trailblazing “living lab” for sustainable energy solutions.
HCM City (VNA) - Saigon Hi-🅺Tech Park (SHTP) is aiming to pull more than half of its energy from renewable sources, a step in Vietnam’sꩵ race to hit net-zero emissions by 2050, heard a local seminar on June 17.
The push aligns with Ho Chi Minh City’s broader target to secure 15% of its energy from solar, wind, and waste-to-energy by 2030, locking in energy security while advancing national climate goals.
According to deputy head of the SHTP Management Board Le Quoc Cuong, the world is undergoing a profound energy revolution, with Vietnam at a pivotal moment brimming with opportunities and challenges.
Renewable energy, particularly green hydrogen, is gaining traction as a clean, high-potential alternative to fossil fuels, with the potential to decarbonise heavy industry, transportation and energy sectors, he added.
SHTP’s ambitious 50% renewable energy goal far exceeds the city’s 15% target, positioning the park as a trailblazing “living lab” for sustainable energy solutions. By integrating cutting-edge technology and interconnected resources, SHTP aims to attract quality foreign direct investment in sectors like semiconductors, microchips, and biotechnology.
Meeting and exceeding clean energy standards is key to making SHTP a top destination for global investors, he said.
The SHTP Management Board welcomes diverse perspectives and breakthrough proposals, critical or creative, to build a dynamic energy ecosystem, Cuong said, adding that collaboration with pioneering enterprises will keep SHTP at the forefront of Vietnam’s high-tech integration, digital transformation, and green growth priorities.
The seminar saw regulators, businesses, and experts exchange insights on renewable energy models, best practices, and emerging technologies.
Nguyen Hai An, Director of the Ho Chi Minh City Biotechnology Centre, said his centre has already installed rooftop solar systems to power its energy-intensive laboratories, cutting costs and ensuring round-the-clock operations.
The centre is also developing biological products to reduce environmental pollution and promote a circular economy. “We want corporate partners to jump in and help us power SHTP’s net-zero dream,” An added./.
Ho Chi Minh City's Saigon Hi-Tech Park (SHTP) and Siemens Electronic Design Automation (Siemens EDA), a segment of Siemens Digital Industries Software, on February 27 signed a memorandum of understanding (MoU) on cooperation in personnel training in the semiconductor chip industry in Vietnam.
The Saigon Hi-Tech Park (SHTP) in Ho Chi Minh City and Cadence Design Systems, a multinational computational software company of the US, on May 30 signed a memorandum of understanding on cooperation in developing electronic design manpower and promoting the semiconductor industry in Vietnam.
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Vietnam's economic losses from natural disasters are estimated to account for 1 to 1.5% of GDP annually - a steep price that will continue to rise unless the country takes strong action.
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The tremor occurred at 7:39:46 am (Hanoi time), with the epicentre located at latitude 14.924°N and longitude 108.236°E, at a depth of approximately 8.1 kilometres. The natural disaster risk level was classified as 0 – the lowest on the scale.
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Vietnam has demonstrated its strong commitments by participating in global sustainable development forums, signing multiple free trade agreements, and attracting support from international partners for the implementation of the SDGs.
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The dispatch noted that since the beginning of 2025, natural disasters have claimed 29 lives and left several others missing. A total of 67 houses have collapsed, and 2,342 homes have been unroofed or damaged.
