Ho Chi Minh City Has Just Attracted 6.19 Billion USD of FDI Capital
On the morning of August 9, the Ho Chi Minh City People’s Committee held a socio-economic conference for July and 7 months, chaired by Chairman of the Ho Chi Minh City People’s Committee Nguyen Van Duoc.
Regarding foreign investment capital (FDI), by the end of July, including capital attracted in the form of investment registration certificates and capital attracted through capital contributions, share purchases, and capital repurchases of domestic enterprises, Ho Chi Minh City has attracted about 6.19 billion USD, an increase of 45.6% over the same period last year.
In particular, 1,073 foreign investment projects were newly granted investment registration certificates with a total registered investment capital of more than 1.29 billion USD. There were 296 projects licensed in previous years that adjusted their investment capital with an additional recorded capital of 2.37 billion USD. At the same time, the city also approved 1,323 cases of foreign investors contributing capital, purchasing shares, and repurchasing capital contributions of domestic enterprises with registered capital equivalent to 2.52 billion USD.
It can be seen that the strong increase in FDI capital in Ho Chi Minh City comes from the merger of localities that are strong in attracting FDI, namely Ba Ria – Vung Tau and Binh Duong.
Also in the first 7 months of the year, Ho Chi Minh City welcomed and worked with 30 domestic and foreign delegations to learn about the investment and business environment, discuss trade and investment promotion activities; Organized 86 domestic and foreign trade and investment promotion activities, supported businesses to participate, promote and introduce products, expand consumption markets, through a series of events to promote and introduce market information; seminars, conferences, forums on markets – industries; international exhibitions; Series of conferences to attract and call for investment in key industries and key projects of Ho Chi Minh City.
