Want to be in the loop?
subscribe to
our notification
Business News
HCMC EXPECTS US$8.9 BILLION FDI IN Q2
A view of downtown HCMC - PHOTO: LE VU
HCMC – The government of Ho Chi Minh City looks to lure US$8.9 billion in foreign direct investment (FDI) this quarter, potentially meeting its full-year initial target of US$11 billion.
• HCMC looks to lure US$11 billion in FDI for 2026
• U.S. financial giants eye investment in Vietnam
Building on a US$2.9 billion inflow in Q1, several major projects in logistics, high-tech, and urban development are now entering the final approval stages.
Some of projects include the Can Gio International Transshipment Port (US$4.9 billion), an AI data center (US$2.1 billion), and capital expansions for GS Metrocity Nha Be (US$2.2 billion). City authorities are now focusing on supporting investors to translate these registered commitments into reality. With the current momentum, total FDI for 2026 is projected to reach US$13 billion by year-end.
To support this investment level, the city has committed to cutting administrative processing times by at least 50%. The municipal government plans to leverage revised regulatory mechanisms to resolve long-standing project delays and promote “Transit-Oriented Development” (TOD) along new metro lines. These measures are part of a broader strategy to maintain double-digit GDP growth and strengthen the city’s role as Vietnam’s primary economic center.
Source: The Saigon Times
Related News
PROPERTY / INDUSTRIAL ZONE
VIỆT NAM'S INDUSTRIAL REAL ESTATE MARKET MAINTAINS STRONG MOMENTUM
Industry experts have forecast that Việt Nam's industrial real estate market will continue its positive trend over the next 12–24 months, with solid support from high-quality foreign direct investment (FDI), regional production shifts, and significant nationwide infrastructure projects currently underway. In the first six months of the year, the industrial real estate sector in Việt Nam saw robust growth driven by a substantial influx of FDI.
TECHNOLOGY
VIETNAM TARGETS 50,000 AI-SKILLED PROFESSIONALS FOR KEY SECTORS BY 2030
Vietnam is stepping up efforts to build an AI-ready workforce, targeting 50,000 skilled professionals and 10,000 advanced specialists by 2030 to strengthen strategic industries. Deputy Prime Minister Le Tien Chau signed Decision No.1528/QD-TTg, dated August 11, approving the National Programme on Artificial Intelligence Human Resource Development through 2030, with a vision to 2035.
INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT
HO CHI MINH CITY OUTLINES PLANS TO START FOUR MORE METRO LINES
Ho Chi Minh City People’s Committee plans to begin construction on four metro lines by the end of 2026, which is part of the plan to complete 255km of metro lines by 2030. The first line, which connects Binh Duong New City with Suoi Tien, covers a length of over 32km, with an estimated investment of $2.18 billion. The line will pass through seven wards.
TECHNOLOGY
TECHNOLOGY ASSESSMENT IN THE CONTEXT OF INNOVATION AND GREEN TRANSFORMATION
Vietnam's new vision on strategic foreign direct investment means that the work of Vinacontrol Group in terms of technology assessment is deemed more vital than ever. Vinacontrol Group is currently one of only two organisations nationwide designated by the Ministry of Science and Technology to conduct technology assessment under Decision No.29/2023/QD-TTg, placing it at the centre of a process that increasingly determines whether an investment project can proceed, be adjusted, or be extended.
VIETNAM ECONOMY INVESTMENT
VIỆT NAM SEAFOOD EXPORTS COULD TOP $12 BILLION DESPITE GATHERING HEADWINDS
Seafood exports are expected to top US$12 billion this year, but, according to the Vietnam Association of Seafood Exporters and Producers, the industry will have to contend with four major challenges: higher tariffs, stricter traceability requirements, rising input costs, and intensifying competition in key markets. VASEP said seafood exports in the first seven months of the year were up 11.5 per cent year-on-year at $6.78 billion.
PROPERTY / INDUSTRIAL ZONE
DUNG QUẤT EZ, QUẢNG NGÃI IPS DRAW NEARLY US$19.4 BLN
The Dung Quất Economic Zone and Quảng Ngãi industrial parks have so far attracted 441 projects worth around US$19.4 billion, according to the Dung Quất Economic Zone and Quảng Ngãi Industrial Parks Authority (DEZA). The DEZA now has 350 projects run by 293 companies, employing nearly 81,700 workers, while about 20,000 additional experts, engineers and workers are building mega projects, according to data presented at a workshop marking the authority’s 30th anniversary recently.
Events Sponsors
