Ho Chi Minh City: Continue to facilitate FDI capital flows

Ho Chi Minh City attracted nearly 6.2 billion USD in foreign direct investment (FDI) in the first 7 months of 2025, an increase of more than 45% over the same period. However, in response to development requirements in the new period, the city continues to "pave the way" to attract large, quality investors.

Synchronous infrastructure at Ho Chi Minh City High-Tech Park. Photo: SHTP

Excited but not satisfied

Mr. Nguyen Cong Vinh, Director of the Ho Chi Minh City Department of Finance, said that in 2024, FDI capital into the locality decreased sharply (down 39.5% over the same period). The main reason is the exhaustion of industrial land funds. From July 1, 2025, Ho Chi Minh City merged with Binh Duong and Ba Ria - Vung Tau provinces, expanding the development space for the new city.

Since then, Ho Chi Minh City's FDI attraction strategy has entered a new turning point with the combination of strengths of three old localities, especially Binh Duong - which has strengths in processing and manufacturing industry, many industrial parks with synchronous infrastructure and an attractive investment environment.

In the first 7 months of 2025, Ho Chi Minh City had 1,073 newly licensed FDI projects with a total registered investment capital of nearly 1.3 billion USD; adjusted investment capital increased by 2.37 billion USD; contributed capital, purchased shares, and repurchased capital contributions of domestic enterprises of about 2.52 billion USD. Total investment capital reached 6.19 billion USD, an increase of more than 45.6% over the same period.

Bau Bang Industrial Park expansion. Photo: Becamex

Notably, FDI capital invested in export processing zones and industrial parks reached more than 2.4 billion USD; more than 1 billion USD of newly granted and expanded FDI capital "flowed" into the high-tech sector. In particular, for 51 FDI projects currently in effect at the Ho Chi Minh City High-Tech Park, the average investment capital is 203 million USD/project. This shows that the quality of investment projects in the city's High-Tech Park is very good.

However, in general, the level of FDI projects in Ho Chi Minh City still has some limitations such as the actual disbursement rate is still slow, investment projects in export processing zones and industrial parks are still labor-intensive, creating products with low added value...

Cay Truong Industrial Park (Ho Chi Minh City). Photo: Becamex

Maintaining the brand of "FDI destination"

According to the Ho Chi Minh City Department of Finance, after the merger, the city aims to attract about 10.44 billion USD in FDI capital in 2025. The city continues to call for investors from Singapore, Japan, Taiwan (China), South Korea, the United States, etc.

During a recent visit to Ho Chi Minh City, Ms. Obuchi Yoko, President of the Japan-Vietnam Friendship Parliamentary Alliance, affirmed that Ho Chi Minh City is an attractive destination for Japanese investors. Through that, Ms. Obuchi Yoko hopes that the city government will continue to support and help Japanese investors as well as the Japanese community living and doing business in the city.

The VSIP industrial park system in Binh Duong (old) attracts many investors from Singapore with many large-scale projects. Mr. Lennon Tan, Chairman of the Singapore Manufacturing Federation (SMF), said that SMF is an organization that brings together manufacturers representing 10 key industries in Singapore.

“Cooperation with Vietnam, especially Ho Chi Minh City, is a focus of SMF’s strategy. Singaporean businesses choose Vietnam, with Ho Chi Minh City as the focus for investment, production and business development,” Mr. Lennon Tan emphasized.

Chairman of the Ho Chi Minh City People's Committee Nguyen Van Duoc commented that the bright results in attracting FDI since the beginning of the year prove that the investment environment of Ho Chi Minh City has become attractive again. Many large, multinational corporations in the fields of high technology, semiconductors, and artificial intelligence have come and invested in the city.

Ho Chi Minh City will continue to "pave the way" to maintain its brand as an attractive and safe "FDI destination" in the new development phase.

Research and development (R&D) department of a business at the Ho Chi Minh City High-Tech Park. Photo: SHTP

In addition to the pioneering policies and mechanisms, the city also focuses on promoting procedures to implement many key projects and programs such as: Vietnam International Financial Center Project in Thu Thiem; infrastructure development project and coastal route research; urban railway system development project, including Thu Thiem - Long Thanh railway project; logistics center development program; International fair and exhibition center... These are projects and programs with great development potential and in great need of capital from FDI "eagles".

The leaders of the City People's Committee affirmed the consistency in all investment incentive policies, unified and uninterrupted, ensuring smoothness for investors after the merger. The City is committed to an open investment environment, with a spirit of service, improving provincial competitiveness, and consolidating the foundation for sustainable development.

Source: https://hanoimoi.vn/tp-ho-chi-minh-tiep-tuc-tao-thuan-loi-cho-dong-von-fdi-712279.html