Business

FDI approvals up 170 percent in HCM City

While Vietnam’s foreign direct investment (FDI) approvals dropped by 22.5 percent in the first two months of this year, new FDI pledges in Ho Chi Minh surged 170.5 percent year-on-year, The Saigon Times reported.
While Vietnam’s foreign direct investment (FDI) approvals dropped by22.5 percent in the first two months of this year, new FDI pledges in HoChi Minh surged 170.5 percent year-on-year, The Saigon Times reported.

Thecity licensed 41 fresh projects with total capital of 421.7 million USDin January-February, up 180 percent in value against a year ago, thepaper quoted sources from According to the municipal Department ofPlanning and Investment as saying.

Besides, the investors of 20 operational FDI projects registered to increase their capital by 84.6 million USD.

Inall, the FDI capital pledged for new and operational projects in thefirst two months of the year amounted to 506.3 million USD, up astaggering 170.5 percent year-on-year.

The Foreign Investment Agency said the city attracted more FDI than other parts of the country in the period.

Experts projected that FDI approvals in HCMC will rise in the remaining months of the year.

Investmentsof domestic enterprises were notable in the first two months when 3,826firms were established with total capital of some 18.298 trillion VND,up 58 percent in number and 34.7 percent in value.

Besides, about6,660 enterprises expanded their business operations with additionalcapital of around 21.77 trillion VND, up 49.6 percent and 66.7 percentrespectively.

Registered fresh and additional capital of domesticenterprises in the city in the period picked up 50.4 percent to over40.07 trillion VND.

The number of suspended enterprises in thefirst month of the year declined 40.8 percent compared to the sameperiod last year, according to the HCM City Department of Planning andInvestment.-VNA
Follow VietnamPlus

See more

The MoU signing ceremony between the gency for Domestic Market Surveillance and Development and Procter & Gamble (P&G). (Photo: Ministry of Industry and Trade)

Vietnam steps up fight against counterfeits, IP violations

The renewed memorandum between Vietnam's domestic market surveillance force and Procter & Gamble (P&G) is expected to build on the results achieved since 2023, strengthen IP enforcement, safeguard the legitimate rights and interests of businesses and consumers, and contribute to a more transparent and fair business environment.

A Jatropha cultivation area of Star Japan Co., Ltd in My Son commune, Khanh Hoa province (Photo of Star Japan Co., Ltd)

Vietnam – a potential regional supply hub for Jatropha seed oil

Japan’s research on non-edible oil feedstocks showed that Jatropha is highly drought-tolerant and could grow well on wasteland, eroded sandy land and infertile soil. Given this, areas in central Vietnam, including Ninh Thuan, Binh Thuan and the Central Highlands, have climatic, sunlight and soil conditions suitable for achieving high seed yields and oil content.

Officials launch the Expo Platform on September 29. It will be officially put into use on October 20, two days before the opening of HCMC Export 2026. (Photo: VNA)

Technology opens new routes for Vietnamese exports

As global markets impose increasingly stringent requirements on standards, traceability, sustainability and green transformation, digitalising product data and bringing buyers closer to production sites can help Vietnamese businesses demonstrate their capabilities and meet market-specific requirements.

Phuong Dinh Anh, Deputy Chief of the Office of the Central Coordination Office for the National Target Programme, speaks at the event.( VNA)

Turning OCOP products into rural tourism experiences

Experts stressed that rural tourism can develop sustainably only when local communities actively participate and benefit from it. Investment in transport, accommodation and attractions must go hand in hand with clean water, waste treatment, hygiene, traditional craft preservation and environmental protection.

Prime Minister Le Minh Hung and his Cambodian counterpart Hun Manet witness the exchange of cooperation agreements between businesses of the two countries (Photo: VNA)

Vietnam, Cambodia look to elevate economic links

Prime Minister Le Minh Hung said that economic, trade and investment cooperation constitutes an important pillar of bilateral ties, which has achieved positive results. However, considerable room remains for further expansion to match the strong political ties and the potential of both countries.

An overview of the meeting (Photo: chinhphu.vn)

Deputy PM calls for tighter price management of essential goods

Deputy PM Thang, who is also head of the committee, urged ministries and agencies to coordinate closely to deliver effective fiscal and macroeconomic policies. The aim is to control inflation, stabilise the macroeconomy, ensure major economic balances, create room to support growth and bolster the economy’s resilience to external shocks.

Khanh Binh International Land Border Gate in An Giang province.( Photo: VNA)

Vietnam-Cambodia trade gathers pace towards 20 billion USD target

After setting a record of more than 11.3 billion USD in 2025, bilateral trade reached about 8.7 billion USD in the first eight months of 2026, up 8.3% year on year. Vietnam is currently Cambodia’s third-largest trading partner, its second-largest source of imports and second-largest export market.

Vietnamese Ambassador to India Trinh Minh Manh discusses potential areas and strengths for cooperation between Vietnam and India’s Gujarat state. (Photo: VNA)

Vietnam, India’s Gujarat state seek to unlock cooperation potential

Vietnam attaches importance to strengthening cooperation with Indian states boasting strong economic potential, including Gujarat, to further advance the two countries’ Enhanced Comprehensive Strategic Partnership, particularly in the economy, trade and investment, said Ambassador Trinh Minh Manh.

At Nestlé Vietnam factory in Hung Yen province (Photo: VNA)

Vietnam seeks to build stronger ecosystem for FDI

The World Bank has stressed the need to connect global companies with domestic suppliers, improve the business climate and develop supply-chain finance solutions. Those steps will let domestic firms gradually meet requirements on quality, technology, costs and delivery times, and position them to become suppliers to multinational corporations.

Construction of technical infrastructure facilities serving APEC 2027 in Phu Quoc Special Zone, An Giang province. (Illustrative photo: VNA)

Vietnam enters investment grade credit rating category for first time

Vietnam has maintained robust growth, outperforming other Southeast Asian economies. Its ongoing government reforms aimed at streamlining the state apparatus, promoting the private sector, improving the institutional framework and developing capital markets will strengthen the country’s growth potential and economic resilience.