HCMC commits to facilitating FDI

Ho Chi Minh City will publicize fields seeking investment and issue preferential policies from now to 2025 to create favorable conditions for foreign investors to invest in the city, according to the Chairman of the city’s People’s Committee Phan Van Mai.

This is part of measures expected to help the southern hub fulfill its targets of becoming a smart urban area and a city of modern services and industry, maintaining its role as a locomotive of the economy and a growth driver of the key southern economic zone and the country as a whole.

It aims to see per capita gross regional domestic product (GRDP) of $8,500 by 2025.

The city will also focus on developing its economy rapidly and sustainably based on renewing the growth model, restructuring the economy, improving productivity, quality and efficiency, and mobilizing and effectively using all resources.

Measures will be taken to renew the model of high-tech parks and industrial parks towards the development of high technology, innovation, the digital economy, the green economy, and the circular economy.