HCM City, Nov. 11 -- Many foreign businesses have expressed their readiness to invest in Ho Chi Minh City, provided that administrative procedures are simplified and handled more efficiently.

At a recent dialogue between city leaders and representatives of foreign-invested enterprises, investors showed strong optimism about the city's future after its administrative merger with neighbouring Binh Duong and Ba Ria-Vung Tau provinces. They said Ho Chi Minh City now has broader development prospects and fresh opportunities for capital inflows.

Erick Contreras, Vice President of the European Chamber of Commerce in Vietnam (EuroCham), noted that the merger would pave the way for new breakthroughs in the city's growth. He emphasised that the p...