HCM City attracts nearly US$980 million in FDI during four-month period
VOV.VN - Ho Chi Minh City attracted approximately US$979.65 million in foreign direct investment (FDI) capital during the first four months of the year, representing a fall of 23.45% against the same period from last year, according to the Ho Chi Minh City People's Committee.
The southern city's authorities granted new investment certificates to 307 projects with a total registered capital reaching US$171.32 million, of which US$63.3 million was poured into 126 projects operating in the wholesale and retail, repair of automobiles, motorcycles, and motorbikes.
Elsewhere, US$53.7 million went into three projects on construction, US$33.7 million was injected into science and technology, while the information and communication sector attracted 52 projects with a total registered capital reaching US$7.9 million.
Singapore took the lead with 58 newly-licensed projects with registered capital reaching US$108.3 million, followed by Japan with US$14.8 million, and Hong Kong (China) with US$11.1 million.
With regard to the adjustment of investment capital, there were 95 projects with increased capital of US$372.63 million. In addition, the southern city has also approved 691 foreign investors to contribute capital and purchase shares worth US$435.69 million.
According to information given by the Ho Chi Minh City People's Committee , there have been 11,668 valid foreign investment projects capitalised at more than US$56.68 billion so far.
