Ho Chi Minh City lures 480 million USD in FDI in 2 months
(VOVWORLD) - Ho Chi Minh City attracted more than 480 million USD in foreign direct investment (FDI), including new and additional capital and share purchase by foreign investors, in the first 2 months of this year.
There were 186 new projects with total registered capital of over 83 million USD.
The trade sector attracted the lion share of foreign investment, with 84 projects worth nearly 54 million USD, making up two-thirds of the new investment capital in the reviewed period.
It was followed by science-technology, construction, information and communications, and food processing.
Among the 32 countries and territories investing in the southern city, Singapore took the lead with 27 projects valued at 28 million USD, followed by Japan with 19 projects valued at 10 million USD.