A meeting between Ho Chi Minh City's authorities and investors (Photo: thoibaotaichinhvietnam.vn)
HCM City (VNA) – The southern metropolis Ho Chi Minh City has attracted 2.3 billion USD in foreign direct investment in the nine months of this year.
Accordingly, as many as 587 new projects worth more than 751 million USD have been licensed, up 45.3 percent in volume and down 68.2 percent in value year-on-year. Up to 125 projects registered for capital increase with a total value of more than 377 million USD.
The city also allowed 1,294 foreign investors to buy shares and contributes capital to businesses, amounting to around 1.18 billion USD.
Twenty investors made deposits to the tune of 15 million USD for their projects, in compliance with the recently-amended Investment Law.
Real estate sector has absorbed 319.2 million USD, equivalent to 42.5 percent - the largest share of the total FDI capital. It is followed by wholesale and retail and repair of automobiles and motorbikes with 228.5 million USD, accounting for 30.4 percent. The manufacturing and processing sector makes up 10.2 percent with 76.7 million USD, down 86.2 percent annually.
According to the municipal authorities, the city is focusing on hi-tech manufacturing by promoting research and training in combination with upgrading infrastructure and protecting the environment.
A number of foreign-invested projects are on the waiting list for licences, namely the Republic of Korea’s Thu Thiem eco smart city worth 900 million USD, and two estate projects of the Cayman Islands worth 300 million USD and 220 million USD, respectively.
During the period, the city recorded nearly 26,500 new domestic businesses with a total registered capital of 215 trillion VND (9.77 billion USD), up 17.4 percent in number and 48.6 percent in capital.
At the same time, more than🦩 39,600 businesses raised their🤡 capital by a combined 145 trillion VND (6.52 billion USD).-VNA
Foreign Direct Investment (FDI) hit 14.36 billion USD in the first eight months of this year, up 7.7 percent year on year, according to the Foreign Investment Agency.
Hanoi ranked third among localities nationwide in attracting foreign direct investment (FDI), heard a conference held by the municipal People’s Committee in Hanoi on August 31.
Some 1.5 billion USD in foreign direct investment (FDI) has been poured into southern Binh Duong province over the last nine months, mainly in the processing and manufacturing industries.
Vietnam attracted 16.43 billion USD in foreign direct investment (FDI) as of September 20, equivalent to 95.8 percent of the amount reported in the same period last year.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
A meeting between Ho Chi Minh City's authorities and investors (Photo: thoibaotaichinhvietnam.vn)
