HCM City attracts US$1.29 billion in FDI
HCM City has attracted US$1.29 billion in foreign direct investment (FDI) this year, according to the Municipal Statistics Bureau.
It licensed 401 projects capitalised at US$541 million, up 21 percent year-on-year.
Besides, 118 ongoing projects registered to increase their investment capital for an additional US$747 million, up 73 percent against 2011.
Singapore made up the largest percentage of investment capital with US$282 million (accounting for 52 percent of all FDI capital), followed by Japan and France.