HCMC – HCMC attracted nearly US$6.2 billion in foreign direct investment (FDI) in the first seven months of this year, up 45.67% from a year earlier, official data showed.
The total included newly licensed projects, capital increases by operational projects, and foreign capital through share purchases or stake acquisitions, reported the Vietnam News Agency.
From January to July, the city issued investment registration certificates for 1,073 new projects with registered capital of about US$1.3 billion. A further 296 existing projects increased investment pledges by US$2.37 billion.
Foreign investors carried out 1,323 transactions involving capital contributions, share purchases, or stake acquisitions in domestic firms worth US$2.52 billion.
Export processing zones and industrial parks attracted US$2.43 billion in FDI as of July 27, including 133 new projects valued at US$1.1 billion and 106 expansion projects with US$1.33 billion in additional capital.
High-tech sectors received more than US$1 billion, accounting for a large share of the US$3.6 billion in new and expanded investment.