HCM City (VNA) – Ho Chi Minh City hasattracted 4.19 billion USD in foreign direct investment (FDI) so far this year,up 21.7 percent year-on-year.
According to the municipal People’s Committee, the city granted new investment licenses to 816foreign-invested projects witha total registered capital of 754.1 million USD in the period. Besides, it also allowed 197 existingprojects to increase capital by 419.3 million USD.
Besides, 3,147 foreign investors registered 3.02 billion USD to contributecapital to or buy shares of domestic companies in the reviewed period.
The real estate sector took the lead in attracting FDI 250.5 million USD in 33projects. It was followed by science-technology, trading, andtransport-warehouse with respective investment values of 226.7 million USD,141.5 million USD, and 31.6 million USD.
As many as 60 countries and territories invested into the city in the period. BritishVirgin Islands topped the list with 10 projects worth 179.1 million USD,accounting for 23.7 percent of the total.
Investors from the Republic of Korea poured 161.4 million USD into 172 projectsin the city, while those from Japan had 111 projects worth 139.1 million USD,and from Singapore with 105 projects totaling 118.1 million USD.
To further promote FDI attraction, the municipal authorities have taken policiesand programmes to support investors, especially in industry, and support andprocessing industries.
Attention has been paid to improving investment and business environment tolure more foreign investment projects. -VNA
Vietnam has emerged as a destination for large tech firms as the trade dispute between the US and China continues to intensify with no end in sight. However, whether and how much Vietnam can take advantage of the shifting FDI flow out of China remains to be seen.
As much as 3.63 billion USD of foreign direct investment (FDI) capital was poured into Ho Chi Minh City in the first seven months of this year, an annual rise of 15.2 percent, according to the municipal People’s Committee.
The southern province of Dong Nai is completing its transport infrastructure and boosting administrative reform to improve local business climate as a measure to luring more foreign investors.
Vietnam recorded 22.63 billion USD of foreign direct investment (FDI) registered in the first eight months of 2019, equivalent to 92.9 percent of the figure in the same period last year, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
The Prime Minister emphasised the significance of maintaining macroeconomic stability, controlling inflation, promoting growth, and improving the harmony between monetary and fiscal policies.
Petrovietnam will step up the development of new products and the expansion of international markets to reduce reliance on the domestic market. It also plans to optimise capital use, manage cash flow and costs, streamline operations, and enhance workforce quality to achieve its 2025 goals.
Vietnam has so far attracted 43,346 valid FDI projects with a total registered capital of 517.14 billion USD. The accumulated disbursed capital is estimated at nearly 331.46 billion USD, accounting for 64.6% of the total registered capital.
More than a product showcase, Vietfood & Beverage – Propack Vietnam 2025 is designed as a comprehensive ecosystem where businesses, experts, and consumers can share knowledge, explore technologies, and connect for collaboration.
Both sides expressed their hope that the outcomes of the discussion will continue to improve the efficiency of customs clearance activities at the customs clearance points and dedicated transport routes of the Huu Nghi – Youyi Guan international border gate pair.
The maximum retail price of E5 RON92 petrol has increased by 207 VND to 19,608 VND (0.75 USD) per litre while that of RON95-III rose by 234 VND to 20,074 VND per litre.
Vietnam is now positioning itself as a global manufacturing hub with a diversified export portfolio, improved product quality, and enhanced price competitiveness.
Illustrative image (Source: VNA) 
