Hanoi attracted 39 foreign directed investment (FDI) projects capitalised at nearly 120 million USD in the first quarter of this year, according to the city’s Statistics Department.
These represent a two percent increase in the number of projects and a 5.9 time rise in investment capital compared with the same period last year.
The FDI increase shows a positive sign for the city in the context of national and global economic downturn.
The department also reported that the city attracted over 35.6 trillion VND of development capital, a rise of 10.5 percent over the same period last year.-VNA
These represent a two percent increase in the number of projects and a 5.9 time rise in investment capital compared with the same period last year.
The FDI increase shows a positive sign for the city in the context of national and global economic downturn.
The department also reported that the city attracted over 35.6 trillion VND of development capital, a rise of 10.5 percent over the same period last year.-VNA