HCM City urged to create breakthroughs in foreign investment attraction

March 14, 2024

HCM CITY — The southern economic hub of HCM City should take a pioneering role in developing and perfecting investment institutions to attract more foreign investors, a conference heard in the city on Thursday. Head of the Institute for Brand and Competitiveness Strategy Võ Trí Thành said Việt Nam in general and HCM City in particular has enjoyed an unprecedented opportunity to attract foreign businesses, especially quality ones. HCM City is now leading the country in terms of a valid number of foreign investments with 12,520 projects worth US$57.64 billion. In 2023 alone, the city lured $5.85 billion worth of foreign investment, up 48.5 per cent year-on-year. Late last year, the city approved its foreign attraction plan for the 2023-25 period with a vision to 2030.

The source of this news is from Vietnam News

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