Hanoi’s FDI attraction hit 1.3 billion USD in 7 months

09:43 | 01/08/2024 FDI Follow Ven.vn on

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.

Hanoi’s FDI attraction hit 1.3 billion USD in 7 months

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

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