Foreign Investment in HCM City Halves to $387 Million YTD

Tuan Minh

14:12 26/04/2016

BizLIVE - Foreign direct investment in Ho Chi Minh City decreased by a half to $387 million in the first three months and a half of this year.

Foreign Investment in HCM City Halves to $387 Million YTD

A nocturnal view of HCM City. (Photo: Siemens)

Vietnam’s southern metropolis of Ho Chi Minh City attracted $387.1 million in foreign direct investment (FDI) in the year to April 15, representing a 52.4% year-on-year decline, data of the municipal statistics department showed.
During the period, foreign developers won approvals for 225 fresh projects with a combined capital of $222.5 million and to hike capital by $164 million in 42 operational projects.
Japan led the nations and territories investing in the city in the period, followed by Singapore and Malaysia.

 

TUAN MINH

Từ khóa: FDI, Ho Chi Minh City