Hanoi (VNA) - Hanoi is seeking to sustain its appeal to foreign investors while shifting FDI towards higher-quality projects, mainly into technology, information and communications, services, and innovation.
Recently, N&G Vietnam – the investor of the Hanoi Southern Supporting Industrial Park (HANSSIP), had a working session with Inventec Group of Taiwan (China) - a leading global technology and original design manufacturer (ODM), to accelerate existing projects and explore expanded investment cooperation.
Inventec’s factory at HANSSIP is being built on schedule and is expected to enter operation soon, creating great demand for workers. The firm also needs accommodation for about 12,000 employees. The two sides discussed plans to develop dormitories and housing for experts, and to strengthen recruitment and vocational training to prepare a high-quality workforce for the factory.
N&G said the Government and Hanoi have introduced investment incentives for supporting-industry and high-tech manufacturing projects at HANSSIP, including land leases of up to 70 years and corporate income tax incentives for up to 15 years.
General Director of Samsung Vietnam Na Ki Hong said that after years of investment in Hanoi in manufacturing and research and development (R&D), Samsung hopes to further expand cooperation, contributing to improving the quality of investment attraction and promoting the transformation of the growth model in the capital.
According to the municipal Department of Finance, in the first eight months of 2026, the capital city attracted more than 3.7 billion USD in FDI, equivalent to 83% of the plan set for the year.
Newly registered FDI exceeded 572 million USD across 450 projects, up 175.78% in project numbers and 209.46% in capital compared to the same period last year. Additional registered capital topped 492 million USD, while capital contributions and share purchases exceeded 2.6 billion USD.
Hanoi is gradually reshaping its FDI structure towards higher quality, prioritising technology, innovation, digital services and R&D. Professional, scientific and technical activities led with about 2.24 billion USD, accounting for 60% of total FDI, largely from major capital contribution and share purchase deals.
Notably, disbursed FDI exceeded 1.3 billion USD, equivalent to 125.07% of the figure recorded in the same period in 2025 and 82% of this year’s target. Projects have generally progressed steadily and met commitments, contributing to growth, job creation and international integration. No project has been suspended or terminated ahead of schedule.
However, Le Trung Hieu, Deputy Director of the municipal Department of Finance, said Hanoi needs to further improve the substantive efficiency of FDI flows, as disbursed capital remains significantly lower than registered capital.
The city therefore needs to closely monitor capital transfer and project progress, promptly address investors’ difficulties and strengthen post-licence inspection.
It should also adopt targeted investment promotion policies for high-tech, innovation, R&D, processing and manufacturing projects and other sectors with high added value, laying the foundation for achieving the 4.5-billion-USD FDI target in 2026 and generate resources for the capital’s growth, Hieu said./.
See more
Ho Chi Minh City targets third-quarter growth of over 11%
Ho Chi Minh City will continue to implement drastic measures to achieve double-digit growth, targeting GRDP growth of at least 11.07% in the third quarter of 2026, 9.43% in the first nine months and 12.3% in the fourth quarter, with a view to completing the full-year goal of 10% or more.
Domestic consumption up over 13%, tourism continues strong growth
The total retail sales of goods and consumer service revenues in August were estimated at 679.8 trillion VND (26 billion USD), up 1.6% from the previous month and 14.9% year-on-year. In the January-August period, the figure reached 5.24 quadrillion VND, representing a 13.3% increase year-on-year.
Resolution 79: Expectations of significant changes in state-owned enterprise sector
Previously regarded as the primary material force of the state sector, with a leading role across a broad range of areas, SOEs are now defined as an important material force, with their activities focused on a number of key and strategic industries and sectors, ensuring a pioneering, enabling and leading role in development.
VIFC offers various opportunities to attract forein investment
Turning the VIFC into an effective channel for international capital will require clear rules, quality projects and strong connections between investors and domestic businesses. Meeting these requirements will be key to transforming investor interest into concrete capital flows and investment projects in Vietnam.
Development model for new era – An inevitable trend
International organisations broadly agree that shifting the growth model from reliance on traditional factors toward technology and innovation is no longer an option for Vietnam, but an imperative of the times.
Online agricultural wholesale market launched to connect Vietnamese produce with Singapore
An online agricultural wholesale market aimed at expanding trade links between Vietnamese agricultural producers and buyers in Singapore is expected to become operational by the end of September 2026, offering flexible wholesale purchasing options.
Reference exchange rate down 10 VND on September 4
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,885 VND/USD, and the floor rate 24,325 VND/USD.
Government determined to cut administrative procedures to drive double-digit growth
Resolution No. 258/NQ-CP, dated August 31, 2026, calls for substantive and comprehensive reform, with a focus on maximum cuts and simplification of administrative procedures and business conditions. It also seeks to shift management from pre-licence inspection to post-licence inspection based on risk management, while strengthening real-time, data-driven oversight and putting people and businesses at the centre of public services.
Vietnam eyes entry into 40-billion-USD Southeast Asian CCS market: experts
A clear, transparent and stable legal framework would not only enable Petrovietnam to play a leading role in new energy development but also strengthen investor confidence, encouraging both domestic and foreign enterprises to invest, transfer technology and cooperate in developing large-scale CCS projects.
Vietnamese farm produce expands presence in Russian retail market
The stable presence of the Vietnamese agricultural products on the chain’s online shelves therefore demonstrates Vietnamese suppliers’ ability to meet Russia’s stringent requirements on industrial packaging and plant quarantine.
Vietnam looks to drive exports by boosting higher-value growth
Amid intensifying competition, businesses can no longer rely solely on traditional advantages but must venture into higher value-added sectors, invest in technology, enhance governance capacity and develop markets, an expert has said.
Vietnam targets durian exports of around 4 billion USD in 2026
In the first eight months, Vietnam's durian export revenue was estimated at 1.95 billion USD, of which exports to China alone fetched 1.85 billion USD or 95%. The country is working very hard to earn 4 billion USD from durian exports this year.
Vietnam’s fruit gains stronger foothold in global markets
Vietnam’s fruit and vegetable exports have grown strongly in recent years, rising from about 7 billion USD in 2024 to 8.6 billion USD in 2025 and expected to surpass 10 billion USD in 2026.
ADB provides 42.76 million USD to upgrade irrigation systems in three Vietnamese provinces
The Climate Adaptation Through Irrigation Modernisation Project will directly benefit about 295,500 people. By modernising seven irrigation systems and improving water management, it will help farmers cope with drought, shifting rainfall patterns, and growing competition for water resources.
Vietnam businesses poised to tap opportunities in Russia’s Far East: minister
Following the elevation of bilateral ties to a comprehensive strategic partnership and the entry into force of the Vietnam-Eurasian Economic Union Free Trade Agreement, Vietnam-Russia trade increased by an average of 10.8% annually during 2016-2025. However, it reached only about 4.7 billion USD in 2025, remaining modest compared to the two countries' potential and strong political ties.
Vietnam welcomes nearly 2 million foreign tourists in August
With nearly 16 million international arrivals in eight months and the peak year-end travel season ahead, Vietnam is well placed to move closer to its yearly target of 25 million international visitors.
CPI rises again in August after two consecutive monthly declines
The August CPI was 3.57% higher than in December 2025 and 4.89% higher than a year earlier. On average, the index in the first eight months of 2026 increased 4.45% from the same period last year.
Vietnam’s trade turnover hits record high of over 770 billion USD in eight months
Vietnam’s total import-export turnover reached 770.14 billion USD in the first eight months of 2026, the highest-ever figure for the period, up 28.7% year-on-year.
Vietnam’s agro-forestry-aquatic exports rise 7% in eight months
Asia remained the largest export market for Vietnam’s major agro-forestry-aquatic products, accounting for 45.5% of the total. It was followed by the Americas and Europe, with shares of 21.5% and 13.4%, respectively. Africa and Oceania made up 2.3% and 1.5%.
Vietnam attracts 40.63 billion USD in FDI in eight months
Notably, the number of new FDI projects rose only 9.4% while their registered capital surged 96.8%, indicating a significant increase in average project size and investors’ stronger commitment from the outset.