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HCMC benefits from foreign investment 2009-05-01 - SGGP
Ho Chi Minh City has been a favorite destination for foreign investors ever since the Foreign Investment Law came into effect in 1987, and FDI has made a huge contribution to the city’s development. However, a large portion of the investment that has been committed remains on paper.
Over 3,100 projects with a total investment of US$26 billion are still in operation in the city, accounting for 87 percent of all FDI businesses registered in the last 20 years. |
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