Ho Chi Minh City becomes an attractive destination for Chinese investors

On September 12, the Chinese Consulate General in Ho Chi Minh City (HCMC) held a ceremony to celebrate the 76th anniversary of the National Day of China (October 1, 1949 - October 1, 2025). The leaders of HCMC and the Chinese Consul General affirmed their determination to strengthen cooperation in many fields, contributing to fostering the increasingly strong Vietnam - China friendship.

According to the Chinese Consulate General in Ho Chi Minh City, speaking at the event, Mr. Nguyen Loc Ha, Vice Chairman of the Ho Chi Minh City People's Committee, congratulated the important achievements that China has achieved over the past 76 years under the leadership of the Communist Party of China. He said that the traditional friendship between Vietnam and China, built and nurtured by President Ho Chi Minh and Chairman Mao Zedong and generations of leaders of the two countries, has been increasingly developing and becoming a valuable asset of the two peoples.

Mr. Nguyen Loc Ha (left), Vice Chairman of the Ho Chi Minh City People's Committee and Mr. Duong Lap, Consul General of China in Ho Chi Minh City at the celebration. (Photo: Dai Doan Ket)

According to Mr. Nguyen Loc Ha, Ho Chi Minh City has established friendly and cooperative relations with 8 Chinese localities. China is the 16th largest investor in the city, with two-way trade turnover reaching 24.4 billion USD in 2024 and 11.78 billion USD in the first 6 months of 2025. The city currently has 71 representative offices of Chinese enterprises operating. He expressed his belief that Ho Chi Minh City will continue to be an attractive destination for Chinese investors, especially in strategic areas such as infrastructure, smart cities, innovation, digital transformation and green transformation.

Chinese Consul General in Ho Chi Minh City Duong Lap said that 2025 marks the 75th anniversary of the establishment of Vietnam-China relations and is the Year of China-Vietnam Humanitarian Exchange. According to him, the regular high-level contacts between the two Parties and the two countries have reflected the strategic nature and importance of bilateral relations.

China continues to be Vietnam’s largest trading partner and its investment in Vietnam continues to set new records. Infrastructure connectivity projects such as railways, highways, and border gates have recorded positive progress with an increasing rate of application of high technology and environmental friendliness.

Referring to the administrative reform and merger of provinces and cities in Vietnam, Mr. Duong Lap said that this is not only a change in geographical boundaries, but also represents a new management mindset and development model, creating a foundation for the rise of the Vietnamese nation. He assessed that after the merger, Ho Chi Minh City will have all the conditions to become a megacity with regional and international influence.

The Chinese Consul General expressed his wish to strengthen cooperation with southern provinces and cities, including Ho Chi Minh City, to contribute to the prosperous development of the localities. He said he will strive to fulfill his mission, promote friendly exchanges and substantive cooperation between China and Vietnamese localities, and jointly foster the increasingly strong China-Vietnam friendship, for the benefit of the people of the two countries, as well as for peace and prosperity of the region and the world.

Source: https://thoidai.com.vn/tphcm-tro-thanh-diem-den-hap-dan-cua-nha-dau-tu-trung-quoc-216271.html