FDI Inflows to Ho Chi Minh City Soar in Yearly Comparison
On May 8, Ho Chi Minh City People’s Committee held a meeting on the socio-economic situation in April, key tasks and solutions for May 2025. At the meeting, Ms. Le Thi Huynh Mai, Director of Ho Chi Minh City Department of Finance, said that in the first 4 months of 2025, including capital attracted in the form of granting new investment registration certificates and capital attracted through capital contributions, share purchases, and capital repurchases of domestic enterprises, the City attracted more than 1.5 billion USD in FDI capital, an increase of 64.6% over the same period last year. Notably, among the FDI projects licensed by the City, there are 12 projects investing in innovation, research and development (R&D) with a total investment of 52 million USD.
To continue attracting foreign capital in the coming time, Ms. Mai said that the City will continue to improve the business investment environment, simplify administrative procedures, promote innovation programs and digital transformation using high technology. Presenting solutions to attract investment in industrial parks, Mr. Le Van Thinh, Head of the Management Board of Ho Chi Minh City Export Processing and Industrial Zones (HEPZA), said that HEPZA will closely follow potential investors to attract investment according to the special attraction mechanism approved by the National Assembly. In addition, HEPZA is reviewing and developing new land funds, with the goal of expanding by about 1,000 hectares in the next 3 years. In 2025, Ho Chi Minh City will invest in infrastructure for 4 projects in industrial parks, while promoting reform of investment procedures to facilitate businesses.
