Vietnam's Ho Chi Minh City targets $11 bn in FDI in 2026

Total FDI inflows into the city in the first two months this year, including newly registered projects, capital adjustments and capital contributions or share purchases, reached close to $979.6 million—up by 28.4 per cent year on year (YoY).

The city granted investment registration certificates to 286 new projects, with total registered capital exceeding $242.8 million.

Meanwhile, 59 existing projects raised their capital, recording a net increase of $480.6 million.

In addition, 305 transactions involving foreign investors contributing capital, purchasing shares or acquiring stakes in domestic enterprises were recorded, with total registered capital of approximately $256.2 million.

A notable highlight is the sharp rise in investment in data infrastructure in the city.

The city targets a 15-per cent YoY rise this year in newly-licensed projects, construction permits given and land-use right certificates granted, a domestic news agency reported.

It leads the country now in cumulative valid FDI capital, with $142.9 billion across 20,756 active projects.

Institutional reform is central to achieving the target. Therefore, the city plans to eliminate or simplify all unnecessary, overlapping or unclear investment and business conditions, and abolish all business conditions for sectors not subject to conditional investment under the Law on Investment.

It aims at reducing administrative procedure processing times and compliance costs by 50 per cent.

A dedicated task force will continue to review and remove obstacles for stalled projects and land areas, expediting progress on projects with hindrances cleared in 2025 and resolving outstanding issues.

Fibre2Fashion News Desk (DS)