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Hanoi attracts nearly 120 million USD in FDI

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.
Hanoi attracted 39 foreign directed investment (FDI) projectscapitalised at nearly 120 million USD in the first quarter of this year,according to the city’s Statistics Department.

These representa two percent increase in the number of projects and a 5.9 time rise ininvestment 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 trillionVND of development capital, a rise of 10.5 percent over the same periodlast year.-VNA
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