HCM City aims for more FDI
(VOV) -HCM City has already licensed 15 new foreign direct investment (FDI) projects totaling US$19.9 million in January, up 15.4% in volume and 51.5% in value from a year earlier.
The city also authorised US$3.3 million in additional investment for two projects, bringing total FDI capital to US$23.2 million or 32.4% higher than January 2013.
City authorities licensed 1,415 newly established businesses with registered capital of VND7,111 billion.
But other Vietnamese cities and provinces saw January 2014 FDI flows slow to a trickle, down 50.6% in volume and 52.4% in value compared to a year ago.