Hanoi’s seven-month FDI attraction hits US$2.3 billion
VOV.VN - The first seven months of the year saw the capital attract close to US$2.3 billion of foreign direct investment (FDI), with 233 new projects worth US$97.5 million and 108 projects permitted to increase investment capital by US$193.5 million.
According to details given by the municipal People’s Committee, throughout the reviewed period a total of 190 foreign investors contributed capital and bought shares worth nearly US$2 billion, with Japanese investor Sumitomo purchasing shares of VPBank with a transaction value of US$1.5 billion.
During the period, the capital had 18,300 new enterprises, up 5% compared to the same period from last year. Their registered capital reached VND177.5 trillion, equal to US$7.5 billion, an annual slump of 12%.
In the seven-month period, Hanoi created jobs for nearly 133,000 labourers, thereby fulfilling 81.9% of the locality’s yearly target and 96.7% compared to the same period from last year.
Furthermore, Hanoi authorities decided to spend nearly VND1.4 trillion on unemployment insurance for more than 48,000 people and VND2.7 billion for 585 people to gain access to vocational training.
July alone witnessed the city record 37 new FDI projects with a total registered capital of US$ 22.3 million; 18 others were permitted to increase investment capital by US$24.5 million, while 19 foreign investors contributed capital and bought shares worth US$10.4 million.
The month saw Hanoi gain 2,387 new enterprises, down 10% compared to the same period from 2022. Their registered capital reached VND23.1 trillion, a climb of 11% on-year.
Meanwhile, a total of 293 enterprises were dissolved, up 2% on-year; 1,729 firms registered to suspend operations, an expansion of 59%; and 760 resumed operations, up 8% over the same period from last year.
In July the capital created jobs for nearly 19,300 labourers, up 4.8% compared to the same period from last year.
Nguyen Manh Quyen, deputy chairman of the municipal People’s Committee, said the city has continued to support enterprises to overcome difficulties faced in terms of mechanisms and policies through direct meetings, seminars, and investment promotion programmes with both foreign and domestic enterprises.
The move therefore contributes to increasing investment capital while simultaneously helping local businesses expand co-operation opportunities with localities nationwide, particularly in the fields of tourism, agriculture, and “One Commune- One Product” (OCOP) programme, among others.