HCMC draws US$2.18 billion of FDI capital in first six months

HCMC draws US$2.18 billion of FDI capital in first six months

The Department of Planning and Investment of Ho Chi Minh City, on June 28, informed that the city attracted US$2.18 billion in the first six months of 2022, including newly-registered capital, capital contribution, purchase of shares, acquisition of capital contribution of domestic enterprises, up 60.07 percent over the same period in 2021.
HCMC pledges to facilitate enterprises to increase value in SHTP

HCMC pledges to facilitate enterprises to increase value in SHTP

The Management Board of the Saigon High-Tech Park (SHTP), on June 27, held a conference to promote investment in SHTP, with the attendance of Mr. Phan Van Mai, Member of the Party Central Committee, Chairman of the People's Committee of Ho Chi Minh City; leaders of departments and agencies, businesses, and investors.
Annual report on FDI released for first time

Annual report on FDI released for first time

The Vietnam Association of Foreign-Invested Enterprises (VAFIE) officially announced the first annual report on FDI in 2021 on May 10. Vietnam is the third-largest FDI recipient in the region.
FDI capital pours into manufacturing sector

FDI capital pours into manufacturing sector

In the first quarter, realized foreign direct investment (FDI) in Vietnam was estimated at US$4.42 billion, up 7.8 percent over the same period last year. This is the highest level of Q1 in the past five years.
Recovering in Q1, accelerating in Q2: Positive economic figures

Recovering in Q1, accelerating in Q2: Positive economic figures

By the end of the first quarter of 2022, industrial production in Ho Chi Minh City has prospered, with the added value of the whole industry increasing by 5.5 percent. Along with that, export turnover of goods is estimated at nearly US$11.9 billion, up 3.5 percent; foreign direct investment capital reaches nearly VND10 trillion. This shows that HCMC's economic growth is recovering strongly.
Realized FDI capital hits record high since 2018

Realized FDI capital hits record high since 2018

The total registered foreign investment capital in Vietnam by March 20, 2022, reached US$8.91 billion, down 12.1 percent over the same period last year. However, realized FDI capital reached the highest level compared to that in the first quarter of the years from 2018 to 2022.
FDI to Vietnam predicted to surge in 2022

FDI to Vietnam predicted to surge in 2022

Vietnam remains an attractive destination for Foreign Direct Investment (FDI), which is likely to experience a surge in 2022 after a long hiatus due to the pandemic, according to economic experts.
FDI enterprises expand production in Vietnam

FDI enterprises expand production in Vietnam

Information from foreign business associations in Vietnam shows that, in 2022, new foreign capital flows into Vietnam will not change suddenly. On the contrary, foreign capital flows from production expansion activities of existing foreign enterprises in Vietnam will increase sharply.
Foreign investment into HCMC remains optimistic

Foreign investment into HCMC remains optimistic

The Ho Chi Minh Export Processing Zone and Industrial Park Authority (Hepza) Business Association, on October 8, said that foreign investment in Vietnam in general and HCMC, in particular, has many positive signs.
Prepping conditions to welcome investment waves

Prepping conditions to welcome investment waves

Foreign investors still have high expectations for Vietnam's investment environment despite facing many difficulties at the moment due to the Covid-19 pandemic. Currently, there are still many solutions and ways to improve foreign investment attraction and prepare conditions to be ready to welcome the investment wave in the new normal.