Foreign investment surges in Ho Chi Minh City
Ho Chi Minh City saw an 83 percent surge year on year in foreign direct
investment in the period from January 1 to June 15, according to the
municipal Department of Planning and Investment.
Ho Chi Minh City saw an 83 percent surge year on year in foreign direct
investment in the period from January 1 to June 15, according to the
municipal Department of Planning and Investment.
A total of 162 new projects were licensed in the period, bringing in 794 million USD in registered capital.
At the same time, 107 million USD was pumped into 49 operating projects, equal to only 35.6 percent from the figure for the same period last year.
According to statistics announced by the Ministry of Planning and Investment's Foreign Investment Agency on May 26, total FDI in the first five months of this year declined 34 percent to 5.51 billion USD.
The southern province of Binh Duong topped the list of FDI destinations, followed by HCM City and Dong Nai.-VNA
A total of 162 new projects were licensed in the period, bringing in 794 million USD in registered capital.
At the same time, 107 million USD was pumped into 49 operating projects, equal to only 35.6 percent from the figure for the same period last year.
According to statistics announced by the Ministry of Planning and Investment's Foreign Investment Agency on May 26, total FDI in the first five months of this year declined 34 percent to 5.51 billion USD.
The southern province of Binh Duong topped the list of FDI destinations, followed by HCM City and Dong Nai.-VNA
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