FDI capital in Ho Chi Minh City increased sharply after the merger.

VTV.vn - In the first 8 months of the year, FDI capital inflows into Ho Chi Minh City reached more than 6.8 billion USD, an increase of more than 58% over the same period.

Illustration photo.

This not only shows investor confidence, but also proves that Ho Chi Minh City after the merger has strong appeal to foreign investors.

In the first 8 months of the year alone, Ho Chi Minh City attracted 1,200 newly licensed projects and more than 300 projects with increased capital. These mainly focused on high-tech fields, technology equipment manufacturing, semiconductors, pharmaceuticals, or urban, service and seaport projects.

Ho Chi Minh City possesses key factors to attract foreign investment such as favorable location for logistics, domestic and export goods transportation, transparent legal corridor, and mechanisms to create favorable conditions for investors....

Mr. Do Thien Anh Tuan - Economic Expert, Lecturer at Fulbright University Vietnam assessed: "Becoming a megacity, potential advantages will converge and those are huge advantages for Ho Chi Minh City to stand out compared to other localities in the country".

Source: https://vtv.vn/von-fdi-vao-tp-ho-chi-minh-tang-manh-sau-sap-nhap-100250928095226119.htm