Illustrative photo (Source: VNA)

Hanoi (VNA) – Hanoi lured 6.27 billion USD in foreign direct investment (FDI) in the first nine months of 2018, up 5.4 times over the same period last year and exceeding the yearly target by 64 percent.

The result made Hanoi the top locality nationwide in terms of FDI attraction.

Of the total, 5.17 billion USD was poured into 417 new projects, while 661 million USD was added into 116 underway ones and about 431 million USD contributed by 543 foreign investors to domestic firms.

At the same time, 70 non-budget invested projects were implemented with combined capital of 163 trillion VND (7 billion USD), while 41 others received additional 86 trillion VND (3.69 billion USD).

The feasibility reports of four public-private partnership projects were approved with total investment of 14.42 trillion VND (620.06 million USD).

Meanwhile, the city also issued investment licences to four new projects worth 13.94 trillion VND (599.42 million USD).-VNA