The Ministry of Science and Technology will cooperate with Ho Chi Minh City to build a technology trade center in district 11.

View of a Software Technology Site in Ho Chi Minh City (Photo T.C.)

The new facility will serve the country’s southern region and will mainly function as a marketplace for the sale or purchase of new technologies.

Construction of the center is scheduled to be completed by the end of 2009 and will include the main trading facility as well as an e-library and a department focusing on the popularization of science and technology.

Once operational, the center is expected generate about US$625,000 per year for state coffers.