Ho Chi Minh City has drawn 497.5 million USD of foreign direct investment (FDI) in the first three months of this year, up 22.4% year on year, according to the city’s Statistics Office.
HCM City(VNA) – Ho Chi Minh City has drawn 497.5 million USD of foreign directinvestment (FDI) in the first three months of this year, up 22.4% year on year,according to the city’s Statistics Office.
The office reportedthat in the first quarter of this year, the city issued new investment licencesto 216 projects worth 133.2 million USD, a rise of 30% over the same periodlast year, mostly in construction sector (53.7 million USD).
Singapore remained theleading investor in the city with 47 projects with a total capital of 86.7million USD, accounting for 65.4% of the total FDI the cityattracted in the period.
Hong Kong (China) camesecond with 15 projects worth 9.5 million USD, accounting for 7.1%, and Japanwith 19 projects worth 9.0 million USD.
At the same time,investors also injected additional 87.1 million USD into 37 underway projects. Ofthe total, 35.5 million USD, or 40.8%, came from the Republic of Korea.
Meanwhile, 468 sharepurchase deals involving foreign investors were conducted with a total value of277.3 million USD, down 5.9% year on year.
According to the ForeignInvestment Agency under the Ministry of Planning and Investment, in the firstquarter of this year, HCM City continued to lead localities nationwide in FDIattraction, showing the attractiveness of the local business environment amidthe instability in the world economy.
To date, the city hashosted 11,598 valid FDI projects worth over 56.4 billion USD, the highestnumbers among localities nationwide./.
Although Vietnam always eyes to attract investors from US and Europe, intra-Asian investors are so important to the country, especially since foreign direct investment (FDI) is slowing down globally due to the COVID-19 pandemic’s impacts and geopolitical conflicts.
The northern port city of Hai Phong continued ranking among the top localities in attracting foreign direct investment (FDI) in the first quarter of 2023.
Leaders and people of Ho Chi Minh City always value promoting cooperation with Cuba in various areas, Chairman of the municipal People’s Committee Phan Van Mai told visiting Cuban Minister of Construction Rene Antonio Mesa Villafana during a local reception on March 29.
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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.
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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.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
A view of HCM City (Photo: VNA) 
