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.

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.

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.