As of December 31, Ho Chi Minh City is expected to continue leading the nation in valid FDI capital and project numbers, with total registered capital standing at 141.9 billion USD across 20,310 projects.
Nearly 178,000 new firms were set up nationwide during this period, with registered capital surpassing 1.75 quadrillion VND (66.38 billion USD) and registered employees totalling 1.05 million.
Nearly 18,000 enterprises with registered capital of 172.5 trillion VND (6.6 billion USD) and 93,600 workers were established in Vietnam in October this year, according to the National Statistics Office.
In the January–August period, 128,200 new firms were registered with total capital of over 1.25 quadrillion VND, up 15.7% in number and 26.1% in capital year-on-year.
Hanoi attracted 58.4 million USD in foreign direct investment (FDI) in October, bringing the total in the first ten months of this year to 1.6 billion USD.
The People’s Committee of the southern industrial hub of Dong Nai presented investment certificates to 17 projects with a total registered capital of 6 billion USD at a conference to announce the locality’s master plan on September 24.
Nearly 110,800 new enterprises with total registered capital of nearly 994.7 trillion VND (40.3 billion USD) were established in the first eight months of 2024, a year-on-year increases of 4.4% in the number of businesses and 0.7% in the capital, according to the General Statistics Office (GSO).
A total of 98,825 enterprises were established or resumed operations in the first five months of 2024, up 4.1% over the same period of last year and 1.2 times higher than the average in the 2019-2023 period, according to the Department for Business Registration Management under the Ministry of Planning and Investment (MPI).
The capital city of Hanoi attracted more than 1.13 billion USD of foreign direct investment (FDI) in the first four months of this year, with 73 new projects worth over 1 billion USD and 47 projects permitted to increase a combined investment capital of 79 million USD.
Ho Chi Minh City attracted more than 3 billion USD in foreign direct investment (FDI) in the first 11 months of 2023, down 12.9% year-on-year, the city’s Statistics Office has announced.
As many as 21,100 new enterprises were established in Hanoi in the first eight months of 2023, with total registered capital of 208.8 trillion VND (nearly 8.65 billion USD).
Vietnam saw nearly 194,700 newly established and re-operating enterprises in the first 11 months of 2022, up 33.2% over the same period in 2021, a 1.3 times higher than the average rate in January – November period from 2017 - 2021, according to the Business Registration Agency under the Ministry of Planning and Investment (MPI).
About 29,300 businesses have been set up so far this year with a combined registered capital of 447.8 trillion VND (19.61 billion USD), data from the Ministry of Planning and Investment showed.
Businesses from the Republic of Korea (RoK) poured over 2.43 billion USD into Vietnam in the first eight months of 2021, ranking third in terms of total registered capital after Singapore and Japan.
Total registered capital of new foreign-invested projects and additional capital in existing ones in Hanoi amounted to 519.2 million USD in the first five months of this year, according to the Statistics Department of Hanoi.
More than 18,000 new businesses were established in the first two months of 2021, a year-on-year decline of 4 percent, according to the Ministry of Planning and Investment.
Foreign investors invested in 17 sectors in the first two months of 2021. Among the sectors, processing and manufacturing attracted 3 billion USD, accounting for 55.7% of the total registered capital.
As Vietnam is pursuing the twin targets of disease prevention and economic development, the number of new enterprises and those resuming operation has bounced back in recent months.