Hanoi attracts US$16 million in new FDI in July

Hanoi granted investment permits to 68 foreign direct investment projects during July with a total registered capital of US$16 million, as reported by the municipal Department of Planning and Investment.
  • Hanoi to host international exhibition in defense and security
  • Hanoi launches 1,272 online public services
  • 2019 Vietwater exhibition opens in Hanoi
hanoi attracts us$16 million in new fdi in july hinh 0
Illustrative photo (Source: baodautu.vn)

Since the start of 2019, the city has attracted 475 new foreign direct investment (FDI) projects worth a combined US$270 million in registered investment capital, Dau tu (Investment) newspaper quoted the department as saying.

Up to 111 projects in Hanoi increased their investment capital by a combined US$359 million whilst the equity capital channeled by foreign investors reached US$4.481 billion.

From the beginning of the year to July 23, the total registered capital of newly-established enterprises and the additional capital, equity capital poured by foreign investors amounted to US$5.11 billion.

Between 2016 and 2018, Hanoi absorbed the FDI inflow of some US$14.05 billion, a 2.25 - fold increase compared to the 2011-15 period. Last year, the total FDI inflow into the city rose annually by 2.18 times to reach US$7.5 billion, making the capital city lead nationwide localities in terms of FDI attraction.

In addition to large FDI sources in manufacturing and processing, and real estate, Hanoi has managed to receive a range of projects in the fields of technology, clean water treatment, waste disposal, and education.

According to the Hanoi Department of Planning and Investment, this year the city has given priority to improving its investment and business climate as well as facilitating its innovation and entrepreneurship. It also aims to increase its Provincial Competitive Index across the fields of planning, investment, construction, and the issuance of business and investment licenses.

More attempts would be raised to remove procedures for investors with a clear focus on speeding up the implementation of procedures for large-scale projects. This year, Hanoi has also set the target of disbursing more than US$2.3 billion in FDI.

VOV

Other News

A view of a container port in Singapore. (File photo: Xinhua/VNA)

Vietnam-Singapore trade cooperation gains fresh momentum

Analysts noted that Vietnam-Singapore ties are increasingly moving beyond traditional goods trade towards green growth, innovation and high-quality supply chains, laying a stronger foundation for more substantive and sustainable cooperation in the years ahead.

Vietnamese products make strong impression at Foodservice Australia 2026

Vietnamese products make strong impression at Foodservice Australia 2026

International visitors expressed positive impressions of Vietnamese products displayed at the fair. Nelma Sanjines, senior supervisor at ESP Catering in Sydney, praised the flavour of Vietnamese chilli sauce and soy sauce as well as the attractive packaging of confectionery products.

Digital technology helps standardise supply chains, sustain export competitiveness

Digital technology helps standardise supply chains, sustain export competitiveness

Experts noted that supply chain optimisation and risk management are no longer isolated tasks for individual companies but a requirement for the entire export ecosystem. With guidance from regulators, support from industry experts and their own efforts, Vietnamese exporters are expected to enhance their competitiveness and turn technical barriers and market volatility into opportunities for sustainable growth in global markets.

Vietnam seen as attractive investment destination for 2026–2035

Vietnam seen as attractive investment destination for 2026–2035

The article described Vietnam as strategically positioned along major regional maritime routes, including the East – West corridor linking the Americas, the Middle East, India and Europe, and the North – South corridor connecting China and Southeast Asia, helping make the country a gateway for international trade.

Eco-industrial parks seen as catalyst for higher-quality FDI

Eco-industrial parks seen as catalyst for higher-quality FDI

The eco-industrial park model will help Vietnam meet international environmental standards while creating opportunities to improve growth quality and economic competitiveness. Many multinational corporations now view green standards, emissions reduction and energy efficiency as key conditions when selecting investment destinations.

Promoting Vietnamese Brands at an International Food Fair in Gwangju

Promoting Vietnamese Brands at an International Food Fair in Gwangju

Alongside exhibition activities, trade promotion, and business networking programs, the “Gwangju Global Food Fair 2026” also witnessed the signing ceremony of a Memorandum of Understanding (MOU) between the Vietnam–Korea Businessmen & Investment Association (VKBIA) and the Gwangju Tourism Organization of South Korea.

Hanoi proposes subsidies to accelerate shift to electric vehicles

Hanoi proposes subsidies to accelerate shift to electric vehicles

Under a draft resolution currently open for public feedback by the municipal People’s Committee, residents with permanent or temporary residence registration in Hanoi for at least two consecutive years, who own petrol-powered motorbikes registered before the resolution takes effect, will be eligible for support when purchasing electric motorbikes priced at 10 million VND or more.

Private economic sector poised for breakthrough growth

Private economic sector poised for breakthrough growth

More than a year after the Politburo's Resolution No. 68-NQ/TW on private sector development came into effect, expectations now extend beyond increasing the number of enterprises. The goal is to build a stronger business community with greater resilience, larger ambitions and the capacity to compete in global supply chains.

Vietnam remains ASEAN growth leader in 2026 despite global headwinds: WB

Vietnam remains ASEAN growth leader in 2026 despite global headwinds: WB

Vietnam is expected to remain one of ASEAN’s fastest-growing economies in 2026, supported by resilient exports, strong investment inflows and an ambitious reform agenda, despite mounting global uncertainties, according to the World Bank’s latest Vietnam Economic Update released on May 15.

Ministry establishes monitoring framework for carbon market

Ministry establishes monitoring framework for carbon market

Under a new circular, the exchange of greenhouse gas emission quotas and carbon credits is conducted on the domestic carbon credit exchange through the carbon trading system, which is interconnected with the national registration system.