HCM City publishes investment handbook to assist businesses
An investment handbook in different languages is being compiled by the HCM City Export Processing and Industrial Zone Authority to provide firms with necessary information on investment procedures.
HCM City (VNA)𝐆 – An investment handbook in different languages is being compiled by the Ho Chi Minh City Export Processing and Industrial Zone Authority (Hepza) to provide businesses with necessary information on local investment procedures.
The handbook publication is among important measures to promote investment into export processing and industrial zones in the city, Tran Viet Ha, head of Hepza’s investment management division, said on October 11.
He noted Hepza will continue asking the municipal People’s Committee and relevant ministries to expeditiously tackle investment-related problems, especially regulations on land lease which is a major cause of a slump in investment into local export processing and industrial zones compared to 2015.
It will also enhance assistance for enterprises to access capital and update production technologies, maintain the single-window mechanism for investment projects, and cut down 30 percent of the administrative procedure handling time.
Hepza is urging new industrial parks to build infrastructure to ensure land supplies for companies to rent, Ha noted.
By September 30, 354.77 million USD of new and additional investment was poured into export processing and industrial zones in HCM City, representing 50.68 percent of this year’s plan and a decline of almost 54 percent from a year earlier.
About 167 million USD of the sum was foreign investments, down 67.4 percent, while domestic investments decreased by 27 percent to 187 million USD, according to Hepza office manager Tran Cong Khanh.
Experiencing the same trend, only 50 hectares of land were leased during the period, dropping by 58 percent. The area of rented facilities approximated 40,000 square metres, down 25.5 percent from the same period in 2015.
Khanh attributed that tumble to problems emerging in the enforcement of the 2013 Law on Land, and the sluggish guidance for the implementation of the 2014 laws on investment and enterprises. Meanwhile, many investors also wants to wait for the parliaments of the member countries of the Trans-Pacific Partnership (TPP) agreement to ratify this deal.-VNA
HCM City’s Gross Regional Domestic Product (GRDP) reached 732. 44 trillion VND (33.2 billion USD) in the first nine months of the year, up 7.76 percent against the same period last year.
President Tran Dai Quang has requested the business community in Ho Chi Minh City to take a pioneering role in the development of domestic private economic sector.
Ho Chi Minh City will create optimal conditions for Swedish businesses to seek opportunities for long-term investment and business, Chairman of the HCM City People’s Committee Nguyen Thanh Phong said.
French-based VINCI Construction has shown intention to invest in join infrastructure development in Ho Chi Minh City, particularly in building metros and flooding prevention works.
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.
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.
Workers at a toy factory (Photo: VNA)
