Business

Hanoi attracts 519.2 million USD in FDI in five months

Total registered capital of new foreign-invested projects and additional capital in existing ones in Hanoi amounted to 519.2 million USD in the first five months of this year, according to the Statistics Department of Hanoi.
Hanoi attracts 519.2 million USD in FDI in five months ảnh 1A production line of a Japanese-invested firm at the Quang Minh IP in Hanoi (Photo: VNA)
Hanoi (VNA) – Total registered capital of new foreign-investedprojects and additional capital in existing ones in Hanoi amounted to 519.2million USD in the first five months of this year, according to the StatisticsDepartment of Hanoi.

Specifically, 139 new FDI projects worth 76.8 million USD werelicensed in the period, while existing projects absorbed 442.4 million USD.

In May alone, Hanoi gave the green light to 14 whollyforeign-owned projects and two foreign joint ventures, with combined registeredcapital of 5.3 million USD. Meanwhile, foreign investors poured 184 million USDin operational projects.

Regarding domestic enterprises, 2,238 new enterprises wereestablished in Hanoi in May, up 8 percent year on year, which registered atotal 42.3 trillion VND (1.84 billion USD) in capital, up 69 percent.

At the  same time, 245firms dissolved, up 20 percent, and 788 suspended operation, an increase of 28percent, but 644 resumed operation, a surge of 51 percent./.
VNA
#foreign-invested projects#FDI projects#Hanoi#registered capital#foreign joint ventures#vietnamplus#vietnam news agency
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