HCM City reports 55.5 % drop in FDI in 2016

The city statistics department said US$225.4 million worth FDI has been registered as of mid-February, down 55.5% year-on-year.

Nearly US$152 million of it will be in new projects, mostly in manufacturing, processing and trading.

Sources from the Department of Investment and Planning and industrial zone management said they have so far not licensed any large-scale projects.

The number of local companies incorporated this year has also fallen by 11% to 3,400.

Dong Nai sees increasing FDI inflow

The southern province of Dong Nai has welcomed US$440 million in foreign direct investment (FDI) and VND30 billion (US$1.34 million) from domestic investors so far this year, according to the province's IZs Management Board.

Dong Nai sees increasing FDI inflow

2016 may trump last year's FDI record

Early promising signs are fanning hopes for the reiteration in 2016 of last year’s record-breaking level of disbursed foreign direct investment, which stood at US$14.5 billion.

2016 may trump last year's FDI record

Early promising signs are fanning hopes for the reiteration in 2016 of last year’s record-breaking level of disbursed foreign direct investment, which stood at US$14.5 billion.