Ho Chi Minh Ciy’s investment increased greatly in capital and the number of registered businesses in the first month of 2014, according to the municipal Department of Planning and Investment.

The city has attracted a combined investment 12.072 trillion VND (567 million USD) from 1,415 new businesses and 2,680 existing businesses registering additional capital.

As of January 20, the city has licensed 15 new foreign investment projects with a total fund of 19.9 million USD, up 51.5 percent year-on-year.

The city is carrying out 24 official development assistance funded projects, worth more than 125.9 trillion VND (5.92 billion USD).

Meanwhile, the number of dissolved companies has decreased by 5 percent from 2013 to 162, equal to 11.5 percent of new businesses established.-VNA