The Department of Construction of Ho Chi Minh City on July 18 said that from now to 2025, the city will call for ODA capital and domestic investors to carry out some wastewater treatment projects in the basin in the West of the city.
According to the Ministry of Industry and Trade, up to now, Japan has had 4,190 investment projects in Vietnam with total registered capital of US$57.9 billion, the second largest investor among countries and territories investing in Vietnam.
The index of industrial production (IIP) of Ho Chi Minh City in the first six months of this year was 7 percent. According to many economic experts, the index has showed signs of slowdown in comparison with last year.
Amid the context that the stock market was gloomy, in the first two weeks of June, foreign investors net bought nearly VND560 billion, of which they net bought nearly VND500 billion on the Ho Chi Minh City Exchange alone.
Although in the first four months of this year, registered foreign investment capital into Vietnam hit a record high, there was no large-scale project. According to experts from the Ministry of Planning and Investment, the first-billion-dollar project this year will possibly be a project from Hong Kong (China): Weijia Textiles Vina.
Speaking at the conference to call for investment in 210 projects in Ho Chi Minh City held by Investment and Trade Promotion Center (ITPC) and the Department of Planning and Investment, Secretary of the HCMC Party Committee Nguyen Thien Nhan said HCMC is seeking potential investors in infrastructure via 210 projects.
Goods, services and capital flow from the EU into Vietnam’s market have gradually increased amid the EU-Vietnam Free Trade Agreement (EVFTA) is in the progress to be passed and expected to become effective next year.
The Ho Chi Minh City of Investment & Trade Promotion Center (ITPC) performed 201 commercial and investment promotion campaigns in 2018, said ITPC at a yesterday meeting to review its last year task and implement plan for next year.