FDI inflows into Hanoi soar over 30% in four months

Despite a dip in the number of newly established firms, Hanoi recorded strong foreign direct investment (FDI) inflows in the first four months of 2025, signalling an increasingly attractive investment climate in the capital.

According to the municipal authorities, around 9,400 new enterprises were licensed during the period, down 2.7% in number and 22.3% in registered capital year-on-year. However, nearly 4,800 businesses resumed operations, marking a 5.5% increase. Online business registration remained fully digital, ensuring timely and high-quality processing.

In April alone, Hanoi welcomed 2,634 new enterprises with total registered capital of VND24.4 trillion (over US$939.9 million), while 967 firms resumed operations, up 19.4% from the previous month. Meanwhile, 2,221 businesses temporarily suspended activities, and 343 were dissolved.

FDI attraction maintained strong momentum. The city lured US$64.1 million in April through 33 newly licensed projects, 11 capital-adjustment projects, and 23 instances of capital contributions or share purchases by foreign investors.

Total FDI poured into Hanoi during the first four months hit US$1.48 billion, up 31% year-on-year, comprising 114 new projects (US$41 million), 45 capital-raising projects (almost US$1.2 billion), and 111 capital contributions or share purchases (US$241 million).

Retail and consumer services continued to expand. April’s total retail and service revenue reached VND76.8 trillion, a 2.1% monthly and 13.1% annual rise. This included VND49 trillion in retail sales, VND10.4 trillion from accommodation and food services, VND2.7 trillion from tourism, and VND14.7 trillion from other services.

The four-month figure stood at VND303.5 trillion, up 13.4% year-on-year. Of this, retail sales posted VND194.4 trillion to make up 64.1%, while accommodation and food VND40.1 trillion, tourism VND10.2 trillion, and other services VND58.8 trillion, statistics show.

To sustain this momentum, Hanoi is intensifying administrative reforms, enhancing digital public services for business and investment procedures, and addressing obstacles faced by investors. The capital is also advancing digital transformation to foster a transparent, accessible, and investor-friendly environment, while boosting regional connectivity and investment promotion abroad.

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