HCM CITY TOPS NATION IN FDI ATTRACTION IN JAN-AUG

Ho Chi Minh City licensed foreign investors to invest US$2.71 billion in new investment projects, pool capital and make equity purchases into local enterprises in the first eight months of 2022, representing year-on-year growth of 24.4%. They invested US$309.4 million in 479 new projects, down 17.6% in value but up 24.1% in projects.

The city also ratified foreign investors to make 1,632 equity purchase deals worth US$925.68 million in the reporting period, witnessing a slight decline in deals (about 0.4%) but a considerable growth of 19.7% in value from a year earlier.

Source: VCCI

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