Hung Le
HCMC chairman Le Hoang Quan (R) hands the investment certificate to an FDI firm early this year - PHOTO: HUNG LE
According to the HCMC Department of Planning and Investment, the city licensed 41 fresh projects with total capital of US$421.7 million in January-February, up 180% in value against a year ago. Besides, the investors of 20 operational FDI projects registered to increase their capital by US$84.6 million.
In all, the FDI capital pledged for new and operational projects in the first two months of the year amounted to US$506.3 million, up a staggering 170.5% year-on-year.
The Foreign Investment Agency said HCMC attracted more FDI than other parts of the country in the period.
Experts projected that FDI approvals in HCMC would rise in the remaining months of the year.
Investments of domestic enterprises were notable in the first two months when 3,826 firms were established with total capital of some VND18.298 trillion, up 58% in number and 34.7% in value.
Besides, about 6,660 enterprises expanded their business operations with additional capital of around VND21.77 trillion, up 49.6% and 66.7% respectively.
Registered fresh and additional capital of domestic enterprises in the city in the period picked up 50.4% to over VND40.07 trillion.
The number of suspended enterprises in the first month of the year declined 40.8% compared to the same period last year, according to the HCMC Department of Planning and Investment.
Đăng ký: VietNam News