Business

Hanoi draws 744 million USD of FDI in four months

Foreign direct investment in Hanoi amounted to 744 million USD in the first four months of 2018.
Hanoi draws 744 million USD of FDI in four months ảnh 1Illustrative image (Source: VNA)

Hanoi (VNA) – Foreign direct investment in Hanoiamounted to 744 million USD in the first four months of 2018.

According to the municipal report on its implementation ofsocio-economic development plan, between January and April, of the totalFDI amount, 498.6 million USD was poured into new projects, 55.4 million USD wasadded to existing projects, and 190 million USD was invested in company stakes.

During the period, Hanoi also approved 21 privately financedprojects with total investment of 16.3 trillion VND (717.2 million USD).

The authorities also licenced the establishment of 8,139 newenterprises, with their registered capital totaling at over 78.2 trillion VND(3.44 billion USD). The value represented an annual increase of 27 percent.

The capital city absorbed 3.4 billion USD in FDI last year.-VNA
VNA
#foreign direct investment in Hanoi#Hanoi FDI#Hanoi economy#Hanoi attracts foreign investors#Vietnam News Agency#vietnamplus
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