Hanoi attracts over US$365 million investment in January

Hanoi granted investment licenses to 43 new projects with a total registered capital of US$31.7 million in January.

Meanwhile, the 15 existed projects also increased their investment capital totally worth of US$334.2 million, according to the municipal Department of Planning and Investment.

In the period, Hanoi gave investment certificate to 1,414 newly established businesses with a total registered capital of US$571.7 million, bringing the total number of businesses operating in the capital city to 209,537.

This year, to fulfill a target for a GRDP (Gross Regional Domestic Product) growth of 8.5-9%, Hanoi will focus on 6 major tasks with priority given to economic development and investment climate improvement. Accordingly, strong measures will be taken to increase competitive capacity and PCI, encourage startup investment and enhance growth.

The city will also focus on increasing market forecast ability, accelerating trade promotion to boost exports and mobilizing domestic and foreign sources for development investment.

Meanwhile, Chairman of Hanoi People’s Committee Nguyen Duc Chung has asked relevant agencies to submit special mechanisms on investment attraction to the Prime Minister for consideration prior to the Hanoi investment promotion conference in April.

VOV

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