FDI sees fall
FDI sees fall
As of August 15, HCM City had received FDI worth US$1.05 billion in newly registered projects and scale-adjusted projects, compared to $2.76 billion in the first eight months of 2015, according to a report from the city government.
Since January the city has issued investment licences to 508 projects with total registered capital of $708.9 million.
Of the projects, 403 are wholly foreign-invested enterprises, which received $346.4 million. Ninety-nine are joint-ventures.
The real estate sector attracted the most investment — $318.9 million in 15 projects — and accounted for 45 per cent of investments in new FDI projects.
Trading ranked second with $198.4 million in 192 projects. The industrial sector attracted $71 million in 27 projects, and the information and communication sector, $38.5 million in 70 projects.
The investing companies are from 42 countries and territories.
