Hochiminh City Finance and Investment State-owned Company (HFIC), which is 100% state-owned, is founded on the restructuring basis of Hochiminh City Investment Fund for Urban Development (HIFU). Succeeding the operation of HIFU, HFIC has been broadening the business activities with the pilot role of a representative of state-owned capital invested in the state-owned Head corporations, limited companies and joint-stock companies which are directly under Hochiminh City People’s Committee.HFIC has been reaching certain achievements with a high annual growth rate of  revenue, with the well-trained, professional and procient human resource and continuously contributing to the socio-economy development strategy of Hochiminh City People’s Committee.