There were 2,536 newly-established businesses in Ho Chi Minh City in January with a total newly registered capital of over 17.9 trillion VND (778 million USD), down 7.07% in volume and 38.03% in value year on year, reported the municipal People’s Committee.
Ho Chi Minh City attracted 2.97 billion USD in foreign direct investment (FDI) this year to September 20, a year-on-year increase of 26.1%, according to the municipal Department of Planning and Investment.
Vietnam’s overseas investment totalled 646.03 million USD in the first ten months of 2021, up 35.1 percent year-on-year, data from the Ministry of Planning and Investment showed.
Foreign investors poured 23.74 billion USD in new projects, existing projects, and in contribution of capital and share purchases as of October 20, up 1.1 percent year-on-year, reported the Ministry of Planning and Investment (MPI).
Vietnamese investment overseas reached 572.3 million USD in the first nine months of 2021, up 32.4 percent over the same period last year, according to the Ministry of Planning and Investment.
The disbursement of public investment sourced from the State budget reached 354.6 trillion VND (nearly 15.3 billion USD) in the first ten months of this year, an increase of 34.4 percent compared to the same period last year, according to the General Statistics Office (GSO).
The northern province of Vinh Phuc attracted nine new foreign direct investment (FDI) projects and permitted 17 existing ones to increase capital with a combined sum of over 88 million USD in the first five months of 2020.
HCM City had lured over 1 billion USD in foreign direct investment (FDI) this year as at March 20, down 33 percent compared to the same period last year, according to the city’s bureau of statistics.
Close to 54,000 enterprises have registered to begin operations in the first five months of 2019, up 3.2 percent on-year, also the highest number recorded in the period in the past five years.
In the first six months of 2017, the total amount of newly registered capital, additional investment and share purchase reached 19.22 billion USD, up 54.8 percent year on year.
Businesses have put more confidence in Vietnam’s economic prospect, many economists said, pointing to the surge in the newly registered capital and the number of companies resuming operations.
Vietnam attracted over 1.65 billion USD of FDI in July, adding up to nearly 13 billion USD of the newly registered and additional FDI in the first seven months of 2016.
Newly-registered and additional foreign direct investment (FDI) capital reached 11.284 billion USD in the first six months of 2016, a year-on-year rise of 105.4 percent.
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