HCMC attracts US$ 277 investment in first quarter

Investment capital in Ho Chi Minh City reached US$ 277.45 million in the first quarter this year, an increase of nearly 96 percent over the same period last year, according to the Industrial and Export Processing Zones Authority (HEPZA).

US$ 243.54 million came from the foreign investment sector, an increase of 97.26 percent, and US$34 million came from the domestic sector, an increase of 65 percent.

Export and import turnover of industrial and export processing zones totaled US$ 955 million, 1 percent higher than the same period last year.

Twelve FDI projects received licensing with a total capital of US$ 223 million, accounting for 80 percent of total FDI capital. This is 8.4 times higher than the same period last year.

By Quang Khoa – Translated by Hai Mien

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