A magnet for Singapore companies

Favourable environment: A woman posing in front of the Opera House in HCM City. The city has adopted measures to improve its attraction of foreign direct investment based on equality and mutual benefit. — AFP

HO CHI MINH CITY: Ho Chi Minh City (HCM City) will continue improving its business climate and creating the most favourable conditions for foreign investors, especially those from Singapore, to expand their investment in the city, according to a trade official .

Speaking at a meeting, Nguyen Phi Van, deputy director of HCM City Investment and Trade Promotion Centre, said the city has adopted measures to improve its attraction of foreign direct investment, especially from Singapore, based on a spirit of equality, mutual benefit, social responsibility, environmental protection and sustainable development.