HCM City attracts over 1 billion USD in FDI in Jan-Feb
More than 1.02 billion USD of foreign direct investment (FDI) was registered for projects in HCM City in the first two months of the year, according to the Ministry of Planning and Investment.
HCM City attracts over 1 billion USD in FDI in Jan-Feb (Source: VNA)
HCM City (VNS/VNA) - More than 1.02 billion USD of foreign directinvestment (FDI) was registered for projects in HCM City in the first twomonths of the year, according to the Ministry of Planning and Investment.
In January, HCM City received registration for FDI of more than 745 million USD,the largest amount of FDI for any locality in the country.
It included 32.72 million USD investment in 68 new FDI projects, and additionalinvestment of 4.7 million USD for 11 operational projects.
The city also approved 191 cases of foreign capital contributions to purchaseshares of local businesses (from local shareholders) with total value of morethan 452 million USD.
Le Thanh Liem, Vice Chairman of the municipal People’s Committee, said that in2018 the city received more than 7 billion USD in FDI, including 6 billion USDregistered in the form of capital contributions and purchases of shares oflocal enterprises.
The number and value of FDI in M&A (merger and acquisition) projectsincreased significantly in the last few years, from 1.5 billion USD in value in2016 to 3.68 billion USD in 2017, and to 6 billion USD in 2018.
Investment in M&A projects totals more than 10 billion USD, accounting for22 percent of the total FDI mobilised by HCM City since 1988.
Foreign investors favour M&As because of the simple investment proceduresand favourable conditions, an official from the HCM City Department of Planningand Investment said.
M&A deals do not require investment registration certificates from investors,he added.
However, M&As also help foreign investors “avoid” procedures for investmentlicenses for these projects. The official asked agencies to issue legaldocuments for management of this investment resource.-VNS/VNA
The Ho Chi Minh City Department of External Relations convened a conference on December 24 to review its performance in 2018 and chalk out tasks for the next year.
Deputy Prime Minister Vuong Dinh Hue chaired a consultation conference in the southern province of Binh Duong on February 14 to discuss orientations towards refining mechanisms and policies on foreign direct investment (FDI) in the new context.
In 2019, the central city of Da Nang will prioritise drawing foreign direct investment (FDI) in the fields of information technology, supporting industry, and high-quality services, especially in trade, tourism, logistics, healthcare, education, and high-tech agriculture.
Vietnam’s foreign direct investment (FDI) attraction is expected to make a leap, especially in quality, in 2019 as more foreign investors, including big names, in the world’s high-tech manufacturing and services industries are choosing the country as their destination.
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.
HCM City attracts over 1 billion USD in FDI in Jan-Feb (Source: VNA) 
