Singapore investment top in HCMC

HCM City attracts Singaporean investors.— Photo City attracts Singaporean investors.— Photo

HCM CITY (Biz Hub) —Singapore now ranks first among foreign investors in HCM City, according to the People’s Committee of the city.

The committee said it had granted certificates for 31 new Singapore projects with a total registered capital of US$146.9 million so far this year, adding tha two-way trade had reached $6 billion.

Ranking first among countries and territories investing in HCM City, the island nation has 622 investment projects worth $6 billion

In addition, Singaporeans also rank ninth among international visitors to the city thanks to eight direct flights between Singapore and HCM City daily.— VNS