Ho Chi Minh City attracts over US$ 3.1 billion in FDI
Ho Chi Minh City, the largest southern economic hub, has attracted US$3.15 billion in foreign direct investment (FDI) in the first 11 months of this year, according to a report from the city’s People’s Committee.
The figure represented an increase of 95.3% compared with the same period last year.
The city licensed 370 new FDI projects with a total investment capital of US$ 2.78 billion in the period, down 10.2% in terms of projects but up 194.6% in capital year on year.
Samsung group’s Samsung CE Complex project alone has an investment capital of US$1.4 billion, accounting for 50.4% of the total newly-registered capital.
Meanwhile, an additional US$365 million was poured into 123 existing projects, dropping 45.4% on a yearly basis.
The city licensed 370 new FDI projects with a total investment capital of US$ 2.78 billion in the period, down 10.2% in terms of projects but up 194.6% in capital year on year.
Samsung group’s Samsung CE Complex project alone has an investment capital of US$1.4 billion, accounting for 50.4% of the total newly-registered capital.
Meanwhile, an additional US$365 million was poured into 123 existing projects, dropping 45.4% on a yearly basis.