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City brings in $1.29 billion of foreign investment

Update: December, 27/2012 - 11:07

HCMC (VNS)— The HCM City Statistics Bureau has reported that this year the city has attracted $1.29 billion in foreign direct investment (FDI).

As reported, there have been 401 FDI projects licensed, worth $541 million, up 21 per cent year-on-year.

Besides, 118 ongoing projects registered to increase their investment capital for an additional $747 million, increasing 73 per cent in comparison with the same period last year.

Singapore made up the largest percentage of investment capital with $282 million (accounting for 52 per cent of all FDI capital), followed by Japan and France.-VNS

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