Ho Chi Minh City attracted $9.8 billion in foreign direct investment (FDI) in the first seven months of 2026, up 44.45% year-on-year, reaffirming its position as a leading FDI destination in Vietnam.
Of the total, the city attracted 467 science and technology projects with combined registered capital exceeding $557.7 million. With positive growth prospects for the remainder of the year, the city has set a target of attracting $11 billion in FDI in 2026.
According to a report by the municipal People’s Committee, the city’s economy maintained positive growth in the January-July period, broadly tracking its planned scenario, with several key indicators recording strong increases.
Total retail sales of goods and consumer services reached VND1.134 quadrillion ($43.3 billion), up 13.3% year-on-year.
Tourism revenue exceeded VND237 trillion, up 55.3%, while international arrivals reached 7.13 million, an increase of 42.7%. Domestic tourists numbered 31.65 million, equivalent to 63.4% of the full-year target.
Trade also continued to expand, with exports reaching $57.84 billion, up 8.77%, and imports rising 11.61% to $63.48 billion.
The industrial production index (IIP) increased 10.7%, led by the processing and manufacturing sector, which grew 11.2% and continued to outperform overall industrial growth.
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