US$2.33 BILLION IN FOREIGN INVESTMENT FLOWS INTO HCMC THROUGH M&A DEALS

Local employees work at a foreign-invested factory - PHOTO: VNA

HCMC – Mergers and acquisitions (M&A), including capital contributions, share purchases and equity stake acquisitions, brought US$2.33 billion in foreign investment into HCMC in the first five months of the year, accounting for more than 60% of total foreign capital inflows.

According to the HCMC Statistics Office, the city attracted more than US$3.8 billion in foreign investment in the first five months of 2026, up 20.3% from the same period last year.

The total included 783 newly licensed foreign direct investment (FDI) projects with total registered capital of more than US$1 billion, as well as 107 existing projects that increased their investment capital by an additional US$430.2 million.

Notably, capital contributions, share acquisitions and equity stake purchases continued to account for the largest share of foreign investment inflows into the city. In the first five months of the year, HCMC recorded 747 such transactions involving domestic companies, with total registered capital reaching US$2.32 billion.

According to information previously released by the HCMC Department of Finance, several major capital contribution and share acquisition deals stood out during the period.

The largest transaction involved Indonesian investor Haryanto Sudarno Kusuma, who registered an investment of more than US$1.7 billion in VLD Investment and Financial JSC.

Other notable deals included a capital contribution of more than US$64.3 million by Singapore-based Momogi Group Vietnam Co., Ltd. into Bibica Capital Co., Ltd., and an investment of over US$41.4 million by South Korea’s Zeit Elevator Co., Ltd. into VGSI Elevator Co., Ltd.

Singapore-based Kredivo Vietnam JSC also registered an investment of nearly US$34.4 million in Timo Vietnam JSC.

Meanwhile, Chinese investors Zhang Shuting and Yang Chao committed more than US$20.2 million to HongYI Vietnam International Co., Ltd.

Source: The Saigon Times