HCM City leads in FDI attraction

Ho Chi Minh City continues leading the country in attraction of foreign direct investment (FDI) with nearly 27.8 billion USD poured into 3,604 projects so far.

In the first quarter of this year, the city licensed 68 FDI projects with registered capital standing at 378 million USD and legal capital at 61.6 million USD.

Areas attracting more and more large-scale FDI projects are high technology, health care and education.

Foreign investment also helped the city get access to modern technology and experiences in business administration and generate hundreds of thousands of jobs for people.

The city’s dynamic FDI capital has helped speed up the transfer of economic structure, contributing to increasing export turnover, personnel training, settling unemployment and providing high-quality products, according to economic experts.

In 2009, the city licensed 369 FDI projects with 841 million USD registered capital and 352 million USD legal capital.

VIETNAMPLUS

Tags: invest in Vietnam, Vietnam FDI, Vietnam FDI 2010, Vietnam investment