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.

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.

Source: VNA
Comment

LatestMost Read
Acting Minister of Industry and Trade Le Manh Hung and candidates for the 16th National Assembly meet voters in Constituency No. 02 of Hai Phong City

Acting Minister of Industry and Trade Le Manh Hung and candidates for the 16th National Assembly meet voters in Constituency No. 02 of Hai Phong City

On March 6, Central Committee member of the Communist Party of Vietnam, member of the Party Committee of the Government, Secretary of the Party Committee and Acting Minister of Industry and Trade Le Manh Hung, together with candidates for the 16th National Assembly from Constituency No. 02 of Hai Phong City, held voter meetings and conducted election campaigning in Kien An Ward and Thanh Ha Commune.