HCMC attracts US$ 277 investment in first quarter

Investment capital in Ho Chi Minh City reached US$ 277.45 million in the first quarter this year, an increase of nearly 96 percent over the same period last year, according to the Industrial and Export Processing Zones Authority (HEPZA).

Investment capital in Ho Chi Minh City reached US$ 277.45 million in the first quarter this year, an increase of nearly 96 percent over the same period last year, according to the Industrial and Export Processing Zones Authority (HEPZA).

US$ 243.54 million came from the foreign investment sector, an increase of 97.26 percent, and US$34 million came from the domestic sector, an increase of 65 percent.

Export and import turnover of industrial and export processing zones totaled US$ 955 million, 1 percent higher than the same period last year.

Twelve FDI projects received licensing with a total capital of US$ 223 million, accounting for 80 percent of total FDI capital. This is 8.4 times higher than the same period last year.

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