Ho Chi Minh City disburses over 3 26 billion in public investment in eight months
According to a href https vir com vn search enginer html p search amp q Ho 20Chi 20Minh 20City Ho Chi Minh City a Department of Finance by the end of August the city disbursed VND85 trillion 3 26 billion in public investment equivalent to 57 7 per cent of the plan
Nearly 500 delegates from domestic and international sources are anticipated to participate in the 3rd Ho Chi Minh City Friendship Dialogue (FD 2026). The event, scheduled to run from September 10 to 12 in Vung Tau Ward, will focus on economic collaboration, innovation, investment, maritime port development, logistics, and international resource mobilization to support the city's expanded development.
The conference, themed "City Diplomacy: A Driving Force for Innovation and Sustainable Development," aims to enhance connectivity between Ho Chi Minh City and its global partners. Officials revealed that 36 delegations from localities and international allies across Asia, Europe, the Americas, and Oceania have already confirmed their attendance.
This year's dialogue marks a pivotal moment for Ho Chi Minh City, as it embarks on a new phase of strategic expansion following administrative integration. The event will be held in Vung Tau Ward to emphasize the city's maritime development potential and its shift towards sea-based growth, attracting prospective international investors.
The Mayors Summit on September 11 will feature local and international city leaders discussing how global urban networks can bolster city diplomacy, foreign direct investment, technology transfer, and structural development resources. Innovation will be a key theme, focusing on refining local regulatory frameworks to encourage private R&D, accelerating the commercialization of scientific research, and promoting collaborative models between Ho Chi Minh City and international partners.
The city is also leveraging its deep-sea port capabilities and logistics infrastructure to strengthen its competitiveness in global supply chains. A public diplomacy event at Tam Thang Tower is planned for the evening of September 10, while international delegations will visit Tan Cang - Cai Mep International Terminal (TCIT) on September 12 to observe deep-water port operations, logistics networks, and global supply chain integration.
The Ho Chi Minh City Friendship Dialogue, initiated in 2022, has increasingly centered on the city's specific development needs, transforming international partnerships into tangible benefits for economic growth.
Written by urgent.news from SGGP English Edition Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
