According to the Ho Chi Minh City municipal Department of Statistics, with 72 new projects worth 121.5 million USD, accounting for 60.8% of the total capital of the new projects, Singapore was the biggest foreign investor in Ho Chi Minh City in terms of newly-registered projects and capital contribution for share purchases in the last five months.

Japan came second with 32 new projects totaling 16.5 million USD, making up 8.3% of the total.

As many as 836 foreign investors poured more than 540 million USD into capital contribution and share purchase deals in the first five months, up 9% compared to the same period last year.

In the January-May period, the southern economic hub saw 374 new projects with a combined capital of nearly 200 million USD./.

VNA