At a recent conference to promote investment in Thu Duc city, local authorities revealed plans to auction land use rights for 239 hectares, including 49 lots in the Thu Thiem new urban area and 189 hectares from other projects.

Ho Chi Minh City topped the country in foreign direct investment (FDI) attraction in the first eight months of 2022, accounting for 16.1% of the national figure, according to the Ministry of Planning and Investment’s Foreign Investment Agency (FIA).

HCM City is taking urgent steps to tackling any and all difficulties to create a favourable business environment and encourage investors to stay.