NUMBER OF THE DAY
The increase in foreign direct investment that Ho Chi Minh City recorded year-on-year in the first seven months of this year.
🏭 Mega-Metropolis in the making: Of the total USD 6.2 billion in FDI, USD 1.3 billion came from 1,073 new projects, the rest from capital increases and acquisitions. Over USD 1 billion flowed into high-tech, including semiconductor factories and data centers.
🌏 Investor magnet: AEON is planning three mega-malls, U.S. companies are investing up to USD 850 million in battery factories, and Chinese corporations are building metro lines.
Watch: The merger with neighboring provinces Binh Duong and Ba Ria-Vung Tau is creating a powerhouse with industrial capacity, seaports, and a future financial center—positioning Vietnam as the ASEAN gateway for global investors.
The China Survival Guide for Western Businesses
Entity setup, WeChat strategy, hiring your first local team. 12+ years on the ground in Shanghai.
