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Submitted by ctv_en_1 on Tue, 11/28/2006 - 10:10
As many as 2,104 foreign-invested projects operating in Ho Chi Minh City with a combined capital of US$13.876 billion have effectively contributed to the city's economic development.

The foreign-invested sector achieved US$6.2 billion in industrial production value in the past 11 months of the year, a year-on-year increase of 20.7 percent. This was the highest rate ever recorded among economic sectors in the city.


The sector registered high growth rates in production of food and drinks (25.3 percent), garments (22.7 percent), furniture (47.9 percent), chemicals (35.3 percent) and electrical machines (49.6 percent).


Foreign-invested enterprises earned a total revenue of US$204.6 million from goods and services, an annual increase of 36.2 percent.


The foreign-invested sector fetched US$147 million from hotels, a year-on-year increase of 46.8 percent, making up 72.1 percent of the city's total revenue from hotels.


The sector’s export value rose to US$2.456 billion, an annual increase of 13.8 percent while its imported goods remained at US$2.254 billion, equal to last year’s level.

 

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