HCM City lures over 480 million USD in FDI in two months
Ho Chi Minh City attracted 480.6 million USD in foreign direct investment, including new and additional capital and share purchase by foreign investors, in the first two months of this year.
HCMCity (VNA) – Ho Chi Minh City attracted 480.6 million USD in foreigndirect investment, including new and additional capital and share purchase by foreigninvestors, in the first two months of this year.
Therewere 186 new projects with total registered capital reaching 83.3 million USD.Meanwhile, 27 existing ones were allowed to add 60.7 million USD to theirinvestment capital.
Thetrade sector attracted the lion’s share of foreign investment, with 84 projectsworth 53.6 million USD, making up two-thirds of the new investment capital inthe reviewed period.
Itwas followed by science-technology with 39 projects valued at 13.3 million USD,construction with five at 5.8 million USD, and information and communicationswith 33 at 3.5 million USD,
Amongthe 32 countries and territories investing in the southern metropolis,Singapore took the lead with 27 projects valued at 28.1 million USD, followedby Japan, Malaysia, China, the Republic of Korea (RoK) and Taiwan (China)./.
The Party Central Committee’s Inspection Commission held the 43rd session in Hanoi from March 2 to 4, during which it proposed that the Standing Board of the Ho Chi Minh City Party Committee in the 2010-2015 tenure be disciplined for its violations.
Ho Chi Minh City’s Department of Labour, Invalids and Social Affairs and Department of Education and Training will work together to combat violence against children and child abuse at kindergartens and schools
Ho Chi Minh City welcomed more than 1.18 million foreign visitors in the first two months of 2020, a year-on-year decline of 21.71 percent, revealed the municipal Department of Tourism on March 5.
Fifty-seven people related to the flights a Japanese passenger with SARS-CoV-2 boarding have been put under quarantine, the disease control centre of Ho Chi Minh City said on March 5.
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.
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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.
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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.
Illustrative image (Source: VNA) 
