FDI in Ho Chi Minh City in 7 months reached more than 6 billion USD, up nearly 46%

On August 9, the Ho Chi Minh City People's Committee held a socio -economic conference for July and the first 7 months of 2025, chaired by Chairman of the City People's Committee Nguyen Van Duoc.

Speaking at the opening of the conference, Chairman of the Ho Chi Minh City People's Committee Nguyen Van Duoc said that the conference focused on discussing 3 issues: The city's socio-economic situation in the first 7 months of the year, key tasks for August 2025; contributing opinions to the draft documents of the 12th City Party Congress for the 2025-2030 term; policies applied to redundant cadres due to organizational restructuring.

Reporting at the conference, Director of the Department of Finance Nguyen Cong Vinh said that in the first 7 months of 2025, the city's economy achieved many positive results: total retail sales of goods and consumer service revenue reached more than 1.07 million billion VND, up 15.5% over the same period; export turnover was 52.92 billion USD (up 7.15%), import was 56.44 billion USD (up 8.7%); total tourism revenue was 140,305 billion VND (up 29.9%), welcoming more than 4.55 million international visitors.

Notably, the city attracted about 6.197 billion USD in foreign direct investment (FDI), up 45.67% over the same period; disbursed public investment capital reached 47,577 billion VND, equal to 40% of the plan assigned by the Prime Minister; removed obstacles for 86 projects with a total value of over 420,000 billion VND.

In August, the city prioritized promoting GRDP growth, accelerating key projects, accelerating public investment disbursement, developing transport infrastructure, social housing, administrative reform, digital transformation and science and technology. Social security, health care and education continued to be ensured; national defense, security, and social order and safety were maintained.