Hanoi attracts nearly US$2.9 billion in FDI over five-month period

VOV.VN - Hanoi attracted US$2.88 billion in foreign direct investment (FDI) in the first five months of 2025, marking a 2.6-fold increase compared to the same period last year, according to data from the Hanoi Statistics Office.

Between January and May, the city licensed 151 new FDI projects with a total registered capital of US$210 million. In addition, 68 existing projects increased their investment capital by US$2.4 billion, while 132 capital contributions and share purchases were made by foreign investors.

May alone witnessed the capital attract nearly US$1.4 billion in FDI, including 36 newly registered projects with a total investment capital of US$169 million.

A major contributor to the surge in adjusted capital was the Yen So Park construction project by Gamuda Land Vietnam Co., Ltd., which received an additional US$1.1 billion from its Malaysian investor.

The significant rise in FDI inflows reflects Hanoi's ongoing efforts to improve its investment and business climate, including administrative reforms and infrastructure enhancements to create favorable conditions for investors.

As part of its 2025 investment promotion strategy, the city has proposed various support measures for businesses, with a focus on developing synchronised industrial infrastructure to better accommodate investor needs.

In May, the city granted certificates to 2,283 newly established enterprises, with a total registered capital of VND33.7 trillion, up 53.3%. As many as 700 businesses also resumed operations, up 13.6%.

Nearly 1,489 firms registered to temporarily suspend operations, up 20.3%, while 399 enterprises dissolved, down 2.4%.

For the January - May period, Hanoi issued certificates to 11,600 newly established companies totaling VND106.7 trillion. Meanwhile, 5,400 businesses resumed operations, up 6.1% over the same period in 2024. Notably, the rate of online business registration applications remained at 100%, underscoring the city’s digital transformation in administrative services.

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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.

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