FDI capital increases sharply in July

FDI capital increases sharply in July

Foreign direct investment (FDI) capital in July increased strongly compared to the previous months, only lower than that in April and higher than the same period last year.
Ben Thanh-Suoi Tien metro project has completed about 70 percent of the work volume, expected to be done by the end of 2021 (Photo: SGGP)

Total investment of HCMC’s first metro line reduces by VND3.4 trillion

Ho Chi Minh City People’s Committee has decided to reduce total investment capital of the city’s first metro line project Ben Thanh-Suoi Tien to VND43.6 trillion (US$1.99 billion), down VND3.4 trillion ($146.37 million) compared to initial estimates.
Ben Thanh-Suoi Tien metro line in Binh Thanh district (Photo: SGGP)

HCMC proposes ministries to assess capital adjustment for metro projects

Chairman of HCMC People’s Committee Nguyen Thanh Phong has sent an urgent dispatch to the Ministry of Finance, the Ministry of Planning and Investment on capital adjustment for the first and second metro lines, Ben Thanh-Suoi Tien and Ben Thanh-Tham Luong, announced the committee’s office yesterday afternoon.