FDI into HCM City increases strongly - FDI into HCM City increases strongly - Website Ho Chi Minh City
FDI into HCM City increases strongly
From early 2014 to May 20, HCM City attracted 120 foreign direct investment (FDI) projects with total registered capital of US$724.2 million, a rise of 356.4 percent in investment capital from the same period last year, according to a report of the HCM City People’s Committee.
During the January-May period, the city also attracted additional capital of US$68.8 million from 40 operational projects.
Generally, the total investment of newly registered and additional capital in the first five months of this year is valued at US$793 million, a year-on-year increase of 119%.
(Translated by MT – May 29, 2014)