HCM City takes lead in attracting FDI
Currently, about 29 nations and territories are investing in the city including the Republic of Korea, Singapore, Malaysia, Japan, the UK, France and the US.
In November alone, the city has attracted 318 FDI projects with total registered capital of USD813.3 million, including 15 real estate projects capitalized at USD512.6 million. Export turnover in the FDI sector reached USD4.215 million, down 18.1 percent against the same period last year. Industrial value in the sector reached VND159,951 billion, up 8.9 percent compared to last year’s figure.
HCM City continues to use effective measures to attract FDI. It gives priority to attracting FDI in the fields of finance, banking, e-payment, international payment, warehousing and port operations.
In the field of real estate, in addition to developing new offices and hotels for lease, the city will focus on FDI projects to build low-cost houses.
