Photo for illustration: baodauthau.vn 
According to the municipal Department of Planning and Investment, the Southern metropolis granted investment licenses to 283 new projects worth USD 341.98 million and allowed 81 existing ones to increase capital of USD 287.05 million.

The city also permitted 775 foreign investors to register to contribute capital to and buy shares in businesses, with a total capital of USD 742.2 million.

The processing and manufacturing industry was the most attractive with nearly USD 123 million (making up 35.9 percent), followed by wholesale and retail, and automobile and motorcycle repair with over USD 92 million (27.1 percent), information and communications with USD 55 million (16.2 percent), and real estate activities with USD 40.25 million (11.8 percent).

In January-May, the total newly registered and supplemented capital from domestic enterprises was over VND 453.5 trillion (USD 19.67 billion), 2.4 times higher than the same period last year.

HCM City plans to develop 60,000 businesses in 2017. The municipal authorities have so far encouraged 413 business households to turn themselves into enterprises.

Source: VNA