Ho Chi Minh City ​leads the country in FDI attraction - Illustrative image (Source: VNA)

Ho Chi Minh City tops nation in FDI attraction

Ho Chi Minh City tops the nation in terms of foreign direct investment (FDI) attraction, 30 years since the first foreign investor was allowed to operate in Vietnam on January 1, 1988.
Auto tire production at Southern Rubber Industry Joint Stock Company or Casumina (Photo: SGGP)

30 years of FDI attraction: capital increase but technology unexpected

After exceeding last year target of US$25 billion to reach $28 billion in October, Foreign Direct Investment (FDI) capital attraction obtained the new record of $35 billion for the entire year, the highest level for the last ten years. Disbursement approximated $17 billion, the highest ever level.

Processing and manufacturing continues receiving new FDI projects in January 2018

HCMC continues leading FDI attraction in first month of 2018

Twenty four provinces and cities in Vietnam received new foreign direct investment (FDI) projects in January. Of them, HCMC had the largest registered capital with US$86.2 million, accounting for 19.5 percent of the country’s total.
A property project in HCMC (Source: SGGP)

Real estate takes lead in FDI attraction in HCMC

Real estate took the lead in the foreign direct investment (FDI) attraction during the first 11 months this year with US$984.4 million, accounting for 50.8 percent and triple the value in the same period last year, reported HCMC Statistical Office.
A hi-tech garment making line invested by Japanese Uniqlo Company in Vietnam (Photo: SGGP)

HCMC continues taking lead in FDI attraction

HCMC continues leading Vietnam in foreign direct investment (FDI) attraction as of October 20 this year with the total registered capital of US$5.03 billion accounting for 17.8 percent of the country’s total.