3.74 billion USD of FDI poured into HCM City in 2021
3.74 billion USD of FDI poured into HCM City in 2021 (Photo: VNA)
The inflow of foreign direct investment (FDI) into Ho Chi Minh City hit 3.74 billion USD in 2021, down 14.2 percent year-on-year, according to the municipal Department of Planning and Investment.
However, the investment capital poured into new and adjusted projects in 2021 still remained high compared to the previous year.
Of the total, 686.6 million USD went to 633 new projects, down 33.4 percent in the number of new projects, and up 7.7 percent in the capital compared to the previous year.
Meanwhile, 1.125 billion USD was added to 178 existing projects.
The average registered capital of a project was 1.08 million USD, primarily in the fields of real estate business (214.1 million USD), information and communications (206.6 million USD), and commerce (123.2 million USD).
Additionally, the municipal authorities also recorded capital contributions and share purchases in 2,289 transactions totaling 1.93 billion USD.
A view of Ho Chi Minh City (Photo: VNA)
Countries and territories posting high adjusted investments included Japan (281 million USD), Singapore (263 million USD), and the US (237 million USD).
Meanwhile, Singapore was the biggest investor in HCM City in the year with 104 projects worth 310 million USD. It was followed by the Republic of Korea (RoK) with 80 projects valued at 125.2 million USD; the Netherlands (20 projects, 87.5 million USD); Japan (55 projects, 71.4 million USD).
According to the municipal Statistics Office, as of December 20, there were 10,441 valid foreign-invested projects with registered capital of 49.47 billion USD in the city./.
Related News

Exchange rate risks need attention in near future
16:31 | 15/02/2025 Import-Export

Hong Kong: A gateway for Vietnamese businesses to access the Greater Bay Area market
09:04 | 24/12/2024 Import-Export

Numerous FDI enterprises face suspension of customs procedures due to tax debt
09:57 | 18/12/2024 Anti-Smuggling

Green transformation: It's time to force businesses to "get involved"
09:23 | 25/11/2024 Headlines
Latest News

Embracing green exports: a pathway to enter global supply chains
10:33 | 20/02/2025 Import-Export

New policy proposed to prevent transfer pricing, tax evasion of FDI enterprises
10:32 | 20/02/2025 Import-Export

Việt Nam’s durian exports to China plummet by 80%
16:18 | 19/02/2025 Import-Export

Coconut exports reach 14-year high
15:29 | 18/02/2025 Import-Export
More News

Shrimp exports grow in the first month of 2025
15:28 | 18/02/2025 Import-Export

Rice export prices drop, but decline expected to be short-term
08:10 | 17/02/2025 Import-Export

Key agro products expected to maintain export growth this year
08:08 | 17/02/2025 Import-Export

EU issues 12 warnings against Việt Nam’s food and agricultural exports
08:07 | 17/02/2025 Import-Export

Việt Nam to impose VAT on low-value express-imported goods
08:06 | 17/02/2025 Import-Export

Vietnam kicked off the year with a strong start in trade, exceeding US$63 billion in the first month
16:30 | 15/02/2025 Import-Export

Import and export turnover reaches about US$29 billion in the second half of January 2025
14:52 | 14/02/2025 Import-Export

Market edges up slightly as liquidity remains low
14:48 | 14/02/2025 Import-Export

Business regulations must be trimmed for development of enterprises: Experts
14:46 | 14/02/2025 Import-Export
Your care
The system has not recorded your reading habits.
Please Login/Register so that the system can provide articles according to your reading needs.

Embracing green exports: a pathway to enter global supply chains
10:33 | 20/02/2025 Import-Export

New policy proposed to prevent transfer pricing, tax evasion of FDI enterprises
10:32 | 20/02/2025 Import-Export

Việt Nam’s durian exports to China plummet by 80%
16:18 | 19/02/2025 Import-Export

Coconut exports reach 14-year high
15:29 | 18/02/2025 Import-Export

Shrimp exports grow in the first month of 2025
15:28 | 18/02/2025 Import-Export