The report on the socio-economic situation has just been announced by the Ho Chi Minh City Statistics Office. Accordingly, compared to 2023, the results of attracting foreign direct investment (FDI) in Ho Chi Minh City in 2024 will decrease.

Specifically, statistics from January 1 to November 30, 2024, the total FDI capital invested in Ho Chi Minh City reached 2,281.3 million USD, down 39.5% compared to the same period last year. There were 1,285 projects newly granted investment certificates, 198 projects adjusting investment capital and 2,148 projects contributing capital, buying shares, buying back capital contributions.

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In 2024, Ho Chi Minh City will attract nearly 2,300 million USD in FDI capital. Photo: Hoang Ha

Accounting for 55% of newly registered capital, there are 695 projects in the wholesale and retail, auto, motorcycle and motorbike repair sectors. Next are specialized sectors, science and technology with 256 projects, accounting for 16.6% of newly registered capital.

The real estate business sector has 10 projects with a total investment value of 45.6 million USD, accounting for 9.6% of newly registered FDI capital in the year.

According to the Ho Chi Minh City Statistics Office, Singapore is still the leading country in terms of registered investment capital in the city with 179 projects, totaling 119.4 million USD. Next is Japan with 117.1 million USD and South Korea with 65.6 million USD.

Previously, in 2023, Ho Chi Minh City attracted 5,852 million USD in FDI capital with 1,202 newly registered projects. Of which, Singapore took the lead with 203 newly licensed projects with a total registered capital of 172.7 million USD. Japan ranked second with 103 projects, total investment capital of 87.5 million USD. India ranked third with 46 projects with a total capital of 62.5 million USD.

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