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===Sectors=== [[File:SaigonPort1.JPG|right|thumb|[[Saigon Port]] is one of five major ports in Vietnam, and is among the busiest container ports in the world.]] [[File:Saigon Hi-Tech Park.JPG|right|thumb|[[Ho Chi Minh City Hi-tech Park|Hi-tech Park]], located in [[District 9, Ho Chi Minh City|District 9]], is one of Vietnam's two national hi-tech parks.]] The economy of the city consists of industries ranging from mining, seafood processing, agriculture, and construction, to tourism, finance, industry and trade. The state-owned sector makes up 33.3% of the economy, the private sector 4.6%, and the remainder in foreign investment. Concerning its economic structure, the service sector accounts for 51.1%, industry and construction account for 47.7% and forestry, agriculture and others make up just 1.2%.<ref>[http://www.hochiminhcity.gov.vn/left/gioi_thieu/thong_ke/giai_doan_01_06/slcy2?left_menu=1 Chỉ tiêu tổng hợp giai đoạn 2001–06] {{webarchive |url=https://web.archive.org/web/20090415184358/http://www.hochiminhcity.gov.vn/left/gioi_thieu/thong_ke/giai_doan_01_06/slcy2?left_menu=1 |date=15 April 2009}}, Ho Chi Minh City government website. (Dead Link)</ref> The city and its ports are part of the [[21st Century Maritime Silk Road]] that runs from the Chinese coast via the [[Suez Canal]] to the Mediterranean, there to the Upper Adriatic region of [[Trieste]] with its rail connections to [[Central Europe|Central]] and [[Eastern Europe]].<ref>{{cite web |url=https://asia.nikkei.com/Business/Transportation/Chinese-state-port-operator-s-India-and-Vietnam-acquisitions-stall |title=Chinese state port operator's India and Vietnam acquisitions stall |website=Nikkei Asia |access-date=30 January 2021 |archive-date=28 January 2021 |archive-url=https://web.archive.org/web/20210128040201/https://asia.nikkei.com/Business/Transportation/Chinese-state-port-operator-s-India-and-Vietnam-acquisitions-stall |url-status=live}}</ref><ref>{{cite web |url=https://www.businesstimes.com.sg/asean-business/a-primer-on-china%E2%80%99s-belt-and-road-initiative-plans-in-south-east-asia |title=A primer on China's Belt and Road Initiative plans in South-east Asia |access-date=30 January 2021 |archive-date=5 February 2021 |archive-url=https://web.archive.org/web/20210205064745/https://www.businesstimes.com.sg/asean-business/a-primer-on-china%E2%80%99s-belt-and-road-initiative-plans-in-south-east-asia |url-status=dead}}</ref> [[Quang Trung Software Park, Ho Chi Minh City|Quang Trung Software Park]] is a software park situated in District 12. The park is approximately {{cvt|15|km|0}} from downtown Ho Chi Minh City and hosts software enterprises as well as dot.com companies. The park also includes a software training school. Dot.com investors here are supplied with other facilities and services such as residences and high-speed access to the internet as well as favorable taxation. Together with the [[Ho Chi Minh City Hi-tech Park|Hi-Tech Park]] in [[Thủ Đức]], and the 32 ha. software park inside Tân Thuận Export Processing Zone in District 7 of the city, Ho Chi Minh City aims to become an important hi-tech city in the country and the South-East Asia region. This park helps the city in particular and Vietnam in general to become an outsourcing location for other enterprises in developed countries, as India has done. Some 300,000 businesses, including many large enterprises, are involved in high-tech, electronic, processing and light industries, and also in construction, building materials and agricultural products. Additionally, crude oil is a popular economic base in the city. Investors are still pouring money into the city. Total local private investment was 160 billion [[Vietnamese đồng|''đồng'']] (US$7.5 million)<ref>Exchange rate from XE.com</ref> with 18,500 newly founded companies. Investment trends to high technology, services and real estate projects.{{Citation needed|date=January 2012}} As of June 2006, the city had three export processing zones and twelve industrial parks, in addition to Quang Trung Software Park and Ho Chi Minh City hi-tech park. [[Intel]] has invested about 1 billion dollars in a factory in the city. More than fifty banks with hundreds of branches and about 20 insurance companies are also located inside the city. The [[Ho Chi Minh City Stock Exchange|Stock Exchange]], the first stock exchange in Vietnam, was opened in 2001. There are 171 medium and large-scale markets as well as several supermarket chains, shopping malls, and fashion and beauty centers.{{Citation needed|date=January 2012}} On Vietnam's Provincial Competitiveness Index 2023, a key tool for evaluating the business environment in Vietnam's provinces, Ho Chi Minh City received a score of 67.19.<ref>{{Cite web |title=Chỉ số năng lực cạnh tranh cấp tỉnh (PCI) |url=https://pcivietnam.vn/ |access-date=2024-08-24 |website=pcivietnam.vn |language=vi}}</ref> This was a fall from 2022 in which the province received a score of 65.86. In 2023, the province received its highest scores on the 'Time Costs' and 'Law and Order' criterion and lowest on 'Access To Land' and 'Policy Bias'.<ref>{{Cite web |last=the-shiv |date=2024-08-13 |title=Doing Business in Ho Chi Minh City, Vietnam 2024 |url=https://the-shiv.com/doing-business-in-ho-chi-minh-city-vietnam/ |access-date=2024-08-24 |website=the-shiv |language=en-AU}}</ref>
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