HCMC eyes doubling 2013 FDI
Last year the southern hub attracted 477 foreign-invested projects, with total registered capital of $1.05 billion, rising 77 per cent against 2012.
The city has set a target of doubling its total FDI this year, with the focus on hi-tech and support industries, city chairman Le Hoang Quan told the municipal Party Committee’s executive conference over the weekend.
The $1.08 billion seen in the first half of this year went toward 169 new projects ($967 million) and 53 existing projects ($110 million).
At a meeting with the heads of newly-licensed FDI projects in late June, Quan said the city would continue to take measures to ensure transparency in administrative procedures and security for investors, while providing them with further assistance through the availability of an adequate infrastructure system and effective human resources training.
What the stars mean:
★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional
Latest News
More News
- Mitsubishi Estate launches Logicross Hai Phong - a milestone in logistics evolution (November 20, 2024 | 14:32)
- Semiconductor workforce partnerships deliver industry-relevant training (November 20, 2024 | 10:58)
- German Quickpack to invest $31.7 million in Long An province (November 20, 2024 | 09:31)
- Foreign-invested enterprises drive logistics investment in the southeast region (November 20, 2024 | 09:27)
- Chile visit underscores trade benefits (November 19, 2024 | 10:00)
- Trump’s second term impacts sci-tech activities and industry 4.0 technologies (November 18, 2024 | 10:00)
- Vietnam eyes nuclear revival to bolster energy security (November 14, 2024 | 16:46)
- Kyokuyo completes $13.5 million seafood factory in Vietnam (November 14, 2024 | 12:19)
- VinFast receives $3.5 billion funding from Vingroup and Pham Nhat Vuong (November 14, 2024 | 06:38)
- Localities sprint to reach FDI targets (November 13, 2024 | 10:00)
Mobile Version