Leaders of Ho Chi Minh City study products of companies at the Incubation Center in Saigon High-Tech Park. (Photo: SGGP)

HCMC develops SHTP associated with Thu Duc City

A delegation of leaders of Ho Chi Minh City led by Mr. Nguyen Thien Nhan, Member of the Politburo, Head of the HCMC delegation of National Assembly deputies and Mr. Nguyen Van Nen, Secretary of the Party Central Committee and Secretary of the Party Committee of HCMC, visited and worked with the Management Board of the Saigon High-Tech Park (SHTP) on November 25.

The downtown of HCMC. (Photo: SGGP)

Megacities establishment encounters many obstacles

The creation of several new hundreds-of-hectare urban areas in various regions in Vietnam lately has positively contributed to the national socio-economic development. However, the formation of these megacities has encountered many obstacles related to both legal issues and infrastructure insufficiency.

The egg processing line of an enterprise in HCMC (Photo: SGGP)

Knots in investment attraction need untying

Whether choosing a shortcut by acquiring Vietnamese enterprises with a stable market share, or choosing a longer path by registering new investments, foreign enterprises have been striving to assert their presence in the Vietnamese market. The remaining matter is that the country needs to speed up the progress of strengthening policies, infrastructure, and facilities to welcome the wave of investments sustainably.
Production at Cau Tre Export goods Processing Joint Stock Company, a company that was bought by a Korean company. (Photo: SGGP)

Wave of foreign investment into Vietnam

According to the General Statistics Office of Vietnam, in the first four months of this year, there were 2,523 times of capital contribution and purchase of shares of foreign investors with a total value of nearly US$2 billion, an increase of 52.6 percent over the same period last year.
FDI capital into projects still posts increase

FDI capital into projects still posts increase

Since the beginning of this year, the total foreign direct investment (FDI) capital pumped into Vietnam merely accounted for 84.5 percent of that in the same period last year.
A paper mill is under construction in Hiep Phuoc Industrial Park in Ho Chi Minh City. (Photo: SGGP)

Investment capital pumped heavily into HCMC

In the first quarter of this year, domestic and foreign investment capital flow still poured heavily into export processing zones and industrial parks in Ho Chi Minh City which shows that the city is a safe destination for the investment of enterprises.
FDI capital attraction sharply drops in Q1

FDI capital attraction sharply drops in Q1

According to the Foreign Investment Agency under the Ministry of Planning and Investment, total foreign direct investment (FDI) capital into Vietnam in the first quarter of this year was at US$8.55 billion, merely accounting for 79 percent of that in the same period last year.