HCMC – Total investments in HCMC reached an estimated VND684.88 trillion last year, up 11.9% against 2024, according to the city’s Statistics Office.
The increase came as Vietnam’s economic recovery gained traction, with infrastructure spending continuing to act as a key driver for capital inflows into industry, services and real estate.
State investments amounted to VND199.02 trillion, surging 41.4% year-on-year. Authorities attributed the rise to faster disbursement of public investment, particularly for transport, urban infrastructure and regional traffic connectivity projects. Public spending remains a central pillar supporting growth and crowding in private capital.
Non-state investment totaled VND352.67 trillion, accounting for more than 51.5% of the total, reflecting sustained confidence among businesses and private investors in the city’s economic outlook.
Foreign direct investment reached VND133.19 trillion equivalent, up nearly 10%, and continued to make a significant contribution to overall development resources.
In terms of investment structure, basic construction accounted for 12.2% of total capital, while repairs and upgrades of fixed assets made up 12.3%. Other investment items and additions to working capital represented a large share, the statistics office said.
During 2025, the city accelerated a series of large-scale infrastructure projects, including Metro Line No. 2 linking Ben Thanh Market in former District 1 and Tham Luong in former District 12, the HCMC–Moc Bai Expressway, ring roads and multiple urban upgrading works. Faster public investment disbursement has improved connectivity and generated spillover effects for real estate, construction and related services.
Strategic infrastructure projects have also helped expand development space, particularly in the eastern and southern areas, where new urban zones, industrial parks and logistics hubs are taking shape.
Alongside infrastructure investment, the city’s industrial sector posted positive growth. The industrial production index rose 8.9% in 2025, with electricity, manufacturing, mechanical engineering and electronics recording solid gains.
Experts said real estate continues to attract large capital flows, especially large-scale urban projects, industrial property and mixed-use developments linked to public transport. Several urban and industrial-service projects were launched or restarted during the year, helping boost supply and employment.
