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Businesses in Ho Chi Minh City wallowing in lack of capital and high production costs

Due to the impact of the COVID-19 pandemic, most businesses in Ho Chi Minh City face a shortage of capital while production costs are increasing. ....

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VN's Ho Chi Minh City mulls ways to woo global investors, targets $5.4B FDI for this year

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A view of Ho Chi Minh City, which plans to attract US$5.4 billion worth of foreign investment this year. Photo idj.com.vn via VIET NAM NEWS
VN’s Ho Chi Minh City mulls ways to woo global investors, targets $5.4B FDI for this year
Tue, 9 March 2021
Ho Chi Minh City (HCMC) has set a foreign direct investment (FDI) target of $5.4 billion this year and will focus on improving infrastructure and streamlining administrative procedures to achieve it, a city investment official said.
Department of Planning and Investment director Le Thi Huynh Mai said the Vietnamese city also has other targets such as incorporating more than 40,000 new businesses and rising in the provincial competitiveness index (PCI). ....

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VIETNAM BUSINESS NEWS JANUARY 22

VIETNAM BUSINESS NEWS JANUARY 22
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22/01/2021

09:01
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CBRE: HCM City among top preferred cities for cross-border investments in Asia-Pacific
Ho Chi Minh City has been ranked fifth as Asia Pacific investors’ most preferred market for investments by CBRE Group, Inc.
CBRE’s Asia Pacific Investor Intentions Survey 2021 was conducted between November 9 and December 14 last year. As many as 492 mainly Asia Pacific-based investors participated in the survey, which asked respondents a range of questions regarding their buying appetite and preferred strategies, sectors and markets for 2021.
“Ho Chi Minh City has already been on the radar of investors in recent years, especially those who are looking to invest in Southeast Asia, as the city is ....

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Public investment will focus on key projects: Minister

Public investment will focus on key projects: Minister
10:24 | 22/01/2021
Public investment will focus on key national projects with important roles in enhancing regional links and creating new drivers and room for economic growth, Minister of Planning and Investment Nguyen Chi Dung has said.
Public investment was a major driver for economic growth last year in the context of the COVID-19 pandemic. (Photo: VNA)
Hanoi - Public investment will focus on key national projects with important roles in enhancing regional links and creating new drivers and room for economic growth, Minister of Planning and Investment Nguyen Chi Dung has said.
Last year saw the highest public investment disbursement rate in 2016-2020 as the Government identified public investment as a major driver for growth in the context of the COVID-19 pandemic. ....

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