Ho Chi Minh City leads the country in attracting FDI
Up to now, the total number of valid projects in Ho Chi Minh City is 4,575 projects with a total investment capital of 32.78 billion USD.
According to the report of the People's Committee of Ho Chi Minh City, in 2011, 2012 and the first 8 months of 2013, Ho Chi Minh City had 1,135 projects newly granted investment registration certificates with a total investment capital of 4 billion USD and 339 projects adjusted investment capital with a total investment capital of 1.83 billion USD.
In general, the total newly granted investment capital including capital increase is 5.83 billion USD, accounting for 15.73% of the whole country. It is estimated that the situation of attracting foreign investment capital for the whole year of 2013 will reach about 1.29 billion USD. Up to now, the total number of effective projects in the city is 4,575 projects with a total investment capital of 32.78 billion USD, ranking first in the country in terms of total investment capital.
Manufacturing goods at Nidec Company - Ho Chi Minh City High-Tech Park.
(Photo: HT/BaoHaiquan)
Investment promotion policies, administrative procedure reforms, and creating a transparent investment environment have helped to increase the attraction of foreign investment capital in Ho Chi Minh City, along with the import of modern management technology, technical improvements, and domestic production science and technology levels, increasing the competitiveness of Ho Chi Minh City's economy, increasing export turnover, and contributing to the overall growth of the country.
Yesterday (September 10), the Ho Chi Minh City People's Committee granted investment certificates to a number of Japanese investors to invest in the city's Industrial Parks and Export Processing Zones with a total registered capital of 166 million USD.This activity is to promote investment attraction from Japan to Ho Chi Minh City, especially in high-tech fields and supporting industries.
In particular, the Ho Chi Minh City People's Committee granted an investment certificate to a new investment project, the Vietnam-Japan Industrial Park project of Unika Group in Hiep Phuoc Industrial Park.Besides, there are 2 projects increasing investment capital: the project of Saigon Precision Company Limited in Linh Trung 2 Export Processing Zone and the project of Nidec Tosok Akiba Vietnam Company Limited in Tan Thuan Export Processing Zone.
There are currently 105 Japanese enterprises operating in Ho Chi Minh City's Export Processing Zones and Industrial Parks with a total investment capital of 1.270 billion USD, mainly investing in the fields of mechanics, electricity and electronics./.
According to VOV - HV
