Hanoi is the leading locality nationwide in FDI attraction, drawing over 810 million USD from 110 newly-licensed and capital-added FDI projects in the first quarter of this year.
Hanoi (VNA) – Hanoi is the leading locality🥀 nationwide in foreign direct investment (FDI) attraction, drawing over 810 million USD from 110 newly-licensed and capital-added FDI projects in the first quarter of this year, a five-fold increase year-on-year.
Late last month, representatives from the municipal People’s Committee granted an investment certificate to Samsung Electronics Vietnam under the Samsung Group to build a research centre in Hoang Mai district.
The 300-million-USD project aims to research and develop electronics and high-tech telecommunication products. It is expected to create about 4,000 jobs and significantly contribute to the city’s export turnover.
Previously, Japan’s AEON Group launched its AEON Mall commercial centre in Long Bien district, with a total investment of 200 million USD. Including various works such as shopping centres, hotels, restaurants, entertainment centres, and offices for lease, the project has become an attractive destination for locals, serving about 60,000 visitors a day.
In recent years, Hanoi’s investment climate has improved, contributing to attracting more foreign investment.
Last year, the city lured 1,637 FDI projects worth 7.5 billion USD from 72 countries and territories, ranking third nationwide.
Foreign-invested enterprises contributed about 15 percent to the city’s total investment of all sectors, accounting for the highest export-turnover proportion (about 49.5 percent) among economic sectors. Many projects helped provide high-quality products and services.
Municipal authorities have taken a series of measures to better the local business climate and facilitate enterprises’ production and business.
IT applications were promoted to simplify administrative procedures related to taxes and business registration, helping businesses save time and expenses.
Many dialogues between city leaders and representatives from foreign businesses were also arranged. Meanwhile, investment and tourism promotion conferences were held.-VNA
The industrial parks (IPs) in the southern province of Tay Ninh have to date attracted 177 foreign direct invested (FDI) and 93 domestic projects, with a total registered capital of nearly 4 billion U
Foreign investors are registered to invest approximately 4.03 billion USD in Vietnam in the first quarter of this year, surging by 119 percent against the same period last year.
An additional 481 million USD in foreign direct investment (FDI) landed in the southern province of Binh Duong in Quarter I, representing a year-on-year increase of 19 percent.
The northern port city of Hai Phong lured two new foreign direct investment (FDI) projects worth 62.25 million USD in the first three months of this year.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
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The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
A corner of Hanoi (Source: Internet)
