The Ho Chi Minh City Department of Planning and Investment released that the city attracted 337.8 million USD of foreign investment registered during the first two months of 2021, equivalent to 70.3 percent of the figure in the same period last year.
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Photo for illustration (Source: thanhtra.com.vn)
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The department said that real estate attracted most of the sum, 145.1 million USD or 43 percent of the total. It was followed by science - technology (57.5 million USD, 17 percent) and processing - manufacturing industry (41 million USD, 12.1 percent).
The city draws only three new foreign investment projects worth 115 million USD in January and February, it said, citing complex developments of the COVID-19 pandemic around the world as the reason.
Up to 99.7 percent of the new capital was channeled into real estate, with 29.6 percent from Singapore and 70.1 percent from the Netherlands.
From the year’s beginning to February 20, 22 existing projects in the city added 53.3 million USD to their registered capital.
The date showed that during the time foreign investors also spent 169.5 million USD on capital contributions to or share purchase in local firms./.
BTA