The total inflows of foreign direct investment into Ho Chi Minh City from early this year to May 20 reached over US$1.14 billion, down 13.5 percent annually, reported the municipal Department of Planning and Investment.
The southern metropolis of HCMC needs to focus on improving domestic supply capacity and key market links with the southern economic region in order to promote industrial production and maintain the industrial sector's pillar role in the economy.
The National Assembly (NA) Standing Committee scrutinized a draft resolution on piloting some typical mechanisms and policies for development in Ho Chi Minh City, as part of its 23rd session in Hanoi on May 12.
A photo exhibition opened in Ho Chi Minh City on April 28 to mark the 48th anniversary of the Liberation of the South and National Reunification Day (April 30) and the 137th International Workers' Day (May 1).
Export processing zones (EPZs) and industrial parks (IPs) in Ho Chi Minh City attracted over US$90.1 million worth of capital in the first quarter of 2023, increasing by 21.36 percent year-on-year and fulfilling 16.39 percent of the yearly plan.
The Ho Chi Minh City Committee for Overseas Vietnamese (OV) Affairs will continue to renovate itself to further enhance its operational efficiency, thus optimizing OV’s contributions to the construction and development of the city in the new period.
Ho Chi Minh City has cut short the procedures for issuing work permits for foreigners and digitalized the application process to make it easy for enterprises to get work permits for their foreign staff.
Chairwoman of the Ho Chi Minh City People’s Council Nguyen Thi Le on March 8 received Melissa Brown, Deputy Assistant Secretary for the Bureau of East Asian and Pacific Affairs at the US Department of State, who is on a working visit to the city.
Ministries and businesses have put in a great deal of effort in luring international visitors to Vietnam, but the number of foreign tourists has always been lower than to other countries in the region.