Conference calls for investment in HCM City’s Cu Chi, Hoc Mon districts
A conference was held in Ho Chi Minh City on April 12 to promote investment in Hoc Mon and Cu Chi districts, drawing 550 delegates from businesses, ministries, localities, investors and economists.
President Nguyen Xuan Phuc and delegates witness the signing of memoranda of understanding on investing in Cu Chi and Hoc Mon. (Photo: VNA)
HCM City (VNA) – A conference was held in Ho Chi Minh City on April 12 to promote investment in Hoc Mon and Cu Chi districts, drawing 550 delegates from businesses, ministries, localities, investors and economists.
It was the largest event of its kind held after the fourth wave of COVID-19 infections hit the city, with committed capital amounting to nearly 17 billion USD, of which nearly 500 million USD received licences during the event.
The conference aimed to call for investment in the two northwestern districts of HCM City, helping to turn them into ecological urban areas with high-technology agriculture.
Projects earmarked for investment were also highlighted, focusing on transport-technical infrastructure, industry, agriculture, trade-services, and education-culture-sport. Of which, transport-technical infrastructure has the highest number of projects.
Addressing the event, President Nguyen Xuan Phuc underlined that Hoc Mon and Cu Chi districts are promising areas for development with abundant advantages, especially those in strategic locations and strong transport connections with other localities through road and waterway systems.
Describing the two localities as “sleeping dragons”, he held that investing in the two districts will help HCM City deal with problems in expanding its development space in a balanced manner, thus attracting more resources for the city’s economic development and easing pressure in infrastructure as well as challenges in housing and employment.
President Nguyen Xuan Phuc and delegates look at the planning maps of Cu Chi and Hoc Mon. (Photo: VNA)
Expressing his delight at investment commitments worth nearly 17 billion USD at the event, he said planning procedures should be followed, and stressed the need for better planning efficiency in Hoc Mon and Cu Chi.
The President underscored that people’s interests must come first during the implementation of the projects, which should target sustainable development.
He directed HCM City and the two districts to coordinate with relevant agencies to resolve transport issues and improve its investment and business environment, while speeding up administrative reforms.
President Phuc reminded investors to strictly implement their commitments and launch their projects as soon as possible.
He asked local authorities of Hoc Mon and Cu Chi to support investors during their operations and help them in vocational training, ensuring harmony between the interests of the State, investors and local residents.
At the event, businesses and investors announced their support for the two districts in building more than 1,000 houses for local people, along with scholarships for students./.
State President Nguyen Xuan Phuc and candidates running for seats in the 15th National Assembly (NA) met with voters in Cu Chi and Hoc Mon districts of Ho Chi Minh City on May 20 and 21.
President Nguyen Xuan Phuc had a meeting with leaders of Ho Chi Minh City on March 16 to discuss preparations for a conference to promote investment in the city's Hoc Mon and Cu Chi districts, which is slated for early April.
State President Nguyen Xuan Phuc on April 12 presented the third-class Labour Order to Cu Chi district of Ho Chi Minh City, in recognition of its preeminent achievements in the COVID-19 combat and socio-economic development.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
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.
President Nguyen Xuan Phuc and delegates witness the signing of memoranda of understanding on investing in Cu Chi and Hoc Mon. (Photo: VNA) 
President Nguyen Xuan Phuc and delegates look at the planning maps of Cu Chi and Hoc Mon. (Photo: VNA) 
