The total Foreign Direct Investment (FDI) capital reached US$2.9 billion in Ho Chi Minh City as of October 20 this year, increasing 97.6 percent against the same period last year, reported the city People’s Committee.
|Production at Thang Loi Garment Company, Tan Phu District, HCMC (Photo: SGGP)|
Of these, 332 new projects were licensed with total a registered capital of US$2.7 billion, a reduction of 8.5 percent in number and increase of 219.4 percent in capital.
Besides, 107 projects supplemented an extra of US$270.1 million capital.
In October, HCMC granted investment certificate to the US$1.4 billion Samsumg CE Complex project of the Samsung Electronics Group. Onehub Saigon project of Ascendas Saigon Bund Company was also licensed at US$130 million.