Hanoi ranks third in FDI attraction
Hanoi ranked third among localities nationwide in attracting foreign direct investment (FDI), heard a conference held by the municipal People’s Committee in Hanoi on August 31.
An aerial view of Hanoi (Photo: VNA)According to the municipal Department of Planning and Investment, the city attracted 374 FDI projects so far this year, with 256 newly-licensed projects and 118 capital-added projects with total registered capital of 2.1 billion USD, surpassing this years’ target.
The new investments bring the total FDI projects in the city to 3,686 with total capital of 24.07 billion USD.
The city’s industrial production in the first eight months of this year increased 7.8 percent compared to the same period last year while the Consumer Price Index rose 2.25 percent year on year.
Leaders of departments at the event discussed ways to help businesses access capital while promoting administrative reform to improve the investment climate, exports and promote start-ups in the locality.
The city will also bolster information technology application, and introduce a one-stop-shop mechanism in public services.-VNA
You should also see
Investor confidence gains traction on improved business climate
Better investment climate, with simplified administrative producers and special incentives, has helped improve investor confidence, thus catalysing investments from a wider pool of both domestic and international investors for socio-economic development.
See more
Business
Airlines requested to increase flights during upcoming holiday
The Civil Aviation Authority of Vietnam (CAAV) has asked Vietnam's airlines to consider increasing the number of flights from Hanoi and HCM City to localities on April 27, and from localities back to Hanoi and HCM City on May 1 to meet the demand for air transportation during the April 30 - May 1 holidays.
Business
Tra fish export to UAE jumps 67% in Q1
Vietnam’s tra fish export to the United Arab Emirates (UAE) reached more than 7 million USD in the first quarter of this year, a rise of 67% against the same period last year, according to statistics of the General Department of Customs.
Business
Vietnam seeks to remove obstacles in upgrade of securities market
The State Securities Commission of Vietnam (SSC) recently held an online working session with the World Bank (WB) and the Asia Securities Industry and Financial Markets Association (ASIFMA) to discuss ways to remove obstacles related to criteria for upgrading the Vietnamese securities market.
Business
Ca Mau: Conference connects Vietnamese, Chinese firms
A networking conference was held in the Mekong Delta province of Ca Mau on April 24, in a bid to connect 54 local enterprises, mostly operating in the seafood sector, to their Chinese peers.
Business
Mining Vietnam 2024 opens in Hanoi
The 6th International Mining and Minerals Recovery Exhibition for Vietnam (Mining Vietnam 2024) kicked off in Hanoi on April 24.
