Quang Trung Software City 2 to go up in Tan Binh District
13:57, 2014/04/11
The HCMC government has chosen a location in Tan Binh District to house Quang Trung 2 Software City (QTSC 2).

Le Thai Hy, director of the HCMC Department of Information and Communications, told the Daily that the site was adjacent to the HCMC University of Technology and covered more than 40 hectares, which is equivalent to the area in District 12 where the existing QTSC 1 is located.

Hy said the compensation cost of site clearance for the second software park was not too high as most of the chosen land was under the management of Vietnam Posts and Telecommunications Group (VNPT) and Vietnam Post Corp. (VNPost). Good infrastructure facilities for telecommunications have been developed on the area.
There are two investment options for the project under consideration. The developer of QTSC will invest in or mobilize capital from the State budget and investors to build the project.
Hy said the existing QTSC focused on software development and outsourcing while information technology services, human resource development, and research and development (R&D) would play a major role in the second project. The second software park will also provide products and services related to cloud computing, big data, mobility and digital content.
“This key information technology and communications project in HCMC is expected to attract many local and foreign technology enterprises in the coming years,” Hy added.
Earlier last month, Nguyen Hai Long, deputy director of Quang Trung Software City (QTSC), said the QTSC 2 project would be submitted to the HCMC government in June this year and three locations for this project were being considered at that time.
QTSC is working with Lam Dong and Nam Dinh provinces on small-sized software parks. Besides, QTSC is coordinating with Nam Dinh Province to build a data center to serve the demand of enterprises and organizations in the province.
QTSC1 is now home to 110 companies, including 49 foreign ones. This park reported total revenue of VND678.10 billion in the first quarter of this year, a jump of 34% year-on-year. Export earnings in the period were estimated at US$16.82 million, up 37.4% compared to the same period in 2013.
Last year, the combined revenue of companies at QTSC 1 exceeded VND2.8 trillion, a surge of 35.5% versus a year before. Their export revenue was put at US$70.85 million, up 39.7% against 2012.
There are two investment options for the project under consideration. The developer of QTSC will invest in or mobilize capital from the State budget and investors to build the project.
Hy said the existing QTSC focused on software development and outsourcing while information technology services, human resource development, and research and development (R&D) would play a major role in the second project. The second software park will also provide products and services related to cloud computing, big data, mobility and digital content.
“This key information technology and communications project in HCMC is expected to attract many local and foreign technology enterprises in the coming years,” Hy added.
Earlier last month, Nguyen Hai Long, deputy director of Quang Trung Software City (QTSC), said the QTSC 2 project would be submitted to the HCMC government in June this year and three locations for this project were being considered at that time.
QTSC is working with Lam Dong and Nam Dinh provinces on small-sized software parks. Besides, QTSC is coordinating with Nam Dinh Province to build a data center to serve the demand of enterprises and organizations in the province.
QTSC1 is now home to 110 companies, including 49 foreign ones. This park reported total revenue of VND678.10 billion in the first quarter of this year, a jump of 34% year-on-year. Export earnings in the period were estimated at US$16.82 million, up 37.4% compared to the same period in 2013.
Last year, the combined revenue of companies at QTSC 1 exceeded VND2.8 trillion, a surge of 35.5% versus a year before. Their export revenue was put at US$70.85 million, up 39.7% against 2012.

11:37, 2025/02/23
Government-backed waste management startups to be launched
By 2030, each province will have at least five models of senior-led waste collection and sorting.

15:59, 2025/02/16
Hanoi makes remarkable leap in the DTI ranking
Hanoi has been rolling out initiatives to accelerate digital transformation.

22:13, 2025/02/12
Hanoi develops e-commerce database
The database allows for identifying which tax collector supervises each taxpayer.

18:35, 2025/02/09
Hanoi to pilot multiple digital transformation models
Hanoi will step up efforts to build a modern, proactive administrative structure, and improve the legal system.

21:17, 2025/01/13
Government to set aside 3% budget for sci-tech development: Party Chief
Policies to remove barriers to scientific and technological development and maximize creativity must be finalized by 2025.

16:50, 2025/01/09
Hanoi aims to maintain its second-highest EBI ranking
Hanoi laid out a goal to expand consumer market through e-commerce channels and promote cross-border transactions to help businesses export.
- Hanoi honors outstanding faces in innovation, digital transformation
- Land deed digitization accelerated in Hanoi
- Vietnam's capital boosts iHanoi usage by citizens
- Technology, innovation identified as key drivers for Hanoi's growth
- Hanoi intensifies efforts to achieve its digital goals by 2025
- Second Hanoi Technical Innovation Contest launched