Ho Chi Minh City

HCMC has 153 large- scale investment projects of UK

A roundtable conference between the municipal government and the British Business Group Vietnam (BBGV) was held in Ho Chi Minh City yesterday.

(Illustrative photo:SGGP)

(Illustrative photo:SGGP)

Up to September 2019, the United Kingdom was one of the major investors in Ho Chi Minh City with 153 valid projects and total investment of over US$ 600 million.
Most of the country's investment projects focus on the fields of education, banking - finance, hotels, real estate and service businesses.

At the conference, the British businesses informed many questions related to taxation, immigration management, labor contracts, representative offices, real estate and construction or changing regulations of the temporary residence cards for foreign employees, etc.

The two sides hoped that the success of the first conference would be the foundation for maintaining roundtable conferences between the Ho Chi Minh City leaders and the BBGV in the coming years. 

As this reason, the city will continue to collaborate with the British businesses to build clean and attractive business environment.
The Ho Chi Minh City Trade and Investment Promotion Center (ITPC) and the British Business Group Vietnam are organizers of the conference. 

BY THUY HAI- Translated by Huyen Huong

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