Hanoi attracts 1.6 billion USD in FDI in ten months

A production line of lighting and electronic equipment at Vietnam Stanley Electric Co., Ltd - photo: VNA

In the reviewed period, Hanoi had 24,900 newly established enterprises with a combined registered capital of 228.3 trillion VND (nearly 9 billion USD), a decrease of 5.7% in the number of companies and 11.8% in capital year-on-year.

Meanwhile, as many as 8,600 businesses resumed their operation, up 15.1% compared to the same period last year, and 21,800 others registered to temporarily suspend operations, 20.1 % higher than that of the same period last year.

A total of 3,900 businesses dissolved, up 28% over the same period last year.

The number of workers working in industrial enterprises in the city in October increased by 0.5% month-on-month and 0.7% year-on-year. However, in the first ten months of 2024, the labour utilisation index of industrial enterprises dropped 0.9% year-on-year. Particularly, the number of workers working in non-state enterprises decreased by 4.3% while the number of workers in the foreign-invested sector exapanded by 0.7%; and that in the state sector grew by by 1.7%.