Business

Ho Chi Minh City attracts 2.9 billion USD in FDI in H1

Ho Chi Minh City attracted 2.9 billion USD in foreign direct investment (FDI) from the beginning of this year to June 20, an increase of 30.7% compared the same period last year, the city’s Statistics Office has announced.
Ho Chi Minh City attracts 2.9 billion USD in FDI in H1 ảnh 1Illustrative photo (Photo: baodautu.vn)

Ho Chi Minh City (VNA) – HoChi Minh City attracted 2.9 billion USD in foreign direct investment (FDI) from the beginning of this year to June 20, anincrease of 30.7% compared the same period last year, the city’s StatisticsOffice has announced.

In the first half of this year, the country's economic locomotive granted new investment certificates for 514 projects with a combined registered capital of231 million USD, marking an increase of 69.1% in the number of projects comparedto the same period last year.

Of theprojects, 207 were in wholesale, retail, and repair of automobiles andmotorbikes with registered capital totaling 93.9 million USD, accounting for 40.6% ofthe newly registered capital.

Among the nations and territories pouringcapital into the city, Singapore ranked first with 89 projects and a totalregistered capital of 126 million USD, accounting for 54.6% of the newlyregistered capital.

It was followed by Japan with 43 projects and 21.7 million USD, accounting for 9.4%, Hong Kong(China) with 36 projects and 12.7 million USD, accountingfor 5.6%.

Ho Chi Minh City attracts 2.9 billion USD in FDI in H1 ảnh 2In the first half of this year, the country's economic locomotive granted new investment certificates for 514 projects with a combined registered capital of 231 million USD (Photo: VNA)

Regarding the adjustment of registeredcapital, there were 163 projects with increased capital of 458 million USD.

According to the city’s Department of Planningand Investment, the city is developing an FDI attraction project for the 2023 - 2025 period with a vision to 2030. It eyes to attract strategic investors whopour capital from 30 trillion VND (1.27 billion USD) for conventional projects or 3 trillion forresearch and innovation projects. Ho Chi Minh City expects to attract more than50 high-tech projects by 2025 with a total investment capital of at least3 billion USD.

Priority will be given to multinationalcorporations who join venture with domestic enterprises to form and develop clustersin value chains.

According to the city People's Committee, asof May 20, the city had 11,868 valid foreign investment projects with a total newinvestment and added investment of more than 56.8 billion USD./.

VNA
#Vietnam Plus #Vietnam News Agency #Ho Chi Minh City #FDI #investment
Follow VietnamPlus

Related News

HCM City looks to effectively develop medical tourism

HCM City looks to effectively develop medical tourism

With a system of modern hospitals and medical facilities that meet regional and international standards, Ho Chi Minh City is capable of receiving patients who are both domestic and international tourists who need treatment and health care, and is making use of its potential to well develop this type of tourism.
HCM City tasked to become int’l education, training centre

HCM City tasked to become int’l education, training centre

The Government has assigned the Ministry of Education and Training to closely coordinate with the Ho Chi Minh City People's Committee to develop a project to turn the city into an international centre for education and training to attract students from the Southeast Asia region and the world.

See more

Children visit President Ho Chi Minh's hometown and learn about his childhood. (Photo: VNA)

Vietnam's tourism sector faces labour shortage

A 2026 survey by Hoteljob.vn found that nearly 90% of tourism businesses planned to recruit. In Ho Chi Minh City alone, 89.7% of businesses were hiring, while 71.8% said recruitment was difficult or very difficult. The biggest shortages were among frontline workers, particularly in housekeeping, engineering, food service, front-office operations, and kitchens.

Octopus processing for export at Huy Nam Company in An Giang province. (Photo: VNA)

New opportunities for Vietnam’s seafood exports

The Vietnam-EFTA Free Trade Agreement brings together two groups of highly complementary economies. EFTA members Switzerland, Norway, Iceland and Liechtenstein have strengths in technology, innovation, finance, clean energy and sustainable development, while Vietnam is one of Asia’s most dynamic economies and is emerging as a major regional manufacturing, trade and investment hub.

The saponin content of Lai Chau ginseng can reach as high as 23.85% in its natural state, a remarkably high level compared to many other ginseng species. (Photo: baolaichau.vn)

Lai Chau ginseng development gains momentum

Blessed with rare and distinctive ecological values, the northern mountainous province of Lai Chau is stepping up efforts to conserve and develop its native ginseng, with the medicinal plant expected to play a growing role in the forest-based economy and local livelihoods.

The Vietnamese delegation poses for a group photo at the third meeting of the Vietnam-Canada Joint Economic Committee (Photo: VNA)

Vietnam, Canada broaden economic cooperation beyond trade

Vietnam is currently Canada’s largest trading partner in ASEAN. Building on the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the two countries are expanding bilateral economic ties into higher value-added areas such as clean energy, critical minerals, advanced technology, manufacturing and value-chain linkages.

The Index of Industrial Production (IIP) rises 14.4% in August and 11.9% in the first eight months compared to a year earlier. (Photo: VNA)

More momentum needed for economic growth in year-end race

To build momentum for the year-end race, one of the top priorities is to accelerate public investment disbursement, ensuring 100% of the allocated plan is disbursed without allowing funds to be concentrated in the final months of the year.

Vietnamese enterprises showcase products at the Vietnam Pavilion during the Foodist Istanbul 2026 fair. (Photo: Vietrade)

Vietnamese goods gain export opportunities in Türkiye, Spain

Vietrade said the programme helped businesses gain practical market information, identify potential products and partners, and better understand requirements on quality, pricing and distribution. Such direct connections are expected to help companies adapt their products and develop more effective export strategies.

Prime Minister Le Minh Hung (left) receives WTO Director-General Ngozi Okonjo-Iweala in New Delhi, India on September 12 (Photo: VNA)

PM Le Minh Hung calls on WTO to continue support for Vietnam

Vietnam actively and responsibly participates in the WTO’s agenda and supports its coordinating role in promoting inclusive and balanced global trade for peace, cooperation and development, while effectively responding to global challenges, said Prime Minister Le Minh Hung.