Viet Nam, India unlock new opportunities in agricultural trade
19:05 | 23/03/2025 23:23 | 23/08/2026Trade
Viet Nam and India are strengthening business connections and promoting agricultural trade, capitalising on new opportunities.
Hanoi’s FDI attraction hit 1.3 billion USD in 7 months
The capital city of Hanoi attracted 124.9 million USD in foreign direct investment (FDI) in July, bringing the total in the first seven months to 1.3 billion USD, 65% higher than the same period last year.
According to the municipal Statistics Office, over 1.1 billion USD was poured into 143 new projects in the January – July period, 138 million USD added to 102 existing projects, and 77 million USD spent on contributing capital to or purchasing shares of local companies.
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| Illustrative photo - Photo: baodautu.vn |
In the first seven months, Hanoi had 18,000 newly established enterprises with a combined registered capital of 162.1 trillion VND (6.41 billion USD), a decrease of 2% in the number of companies and 9% in capital year-on-year.
Meanwhile, as many as 6,600 businesses resumed their operation, up 14% compared to the same period last year, and 18,200 others registered to temporarily suspend operations, 23% higher than that of the same period last year.
A total of 2,500 businesses dissolved, up 18% over the same period last year.
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MoIT leader: Amending the Petroleum Law to unlock investment and increase state budget revenue
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The State encourages Vietnamese and foreign organisations and individuals to invest in basic oil and gas surveys and oil and gas activities in Viet Nam.