According to Hanoi Department of Planning and Investment, in the first 10 months of this year, Hanoi attracted 1.28 billion USD in foreign direct investment (FDI), a rise of 27% year on year. Meanwhile, the capital city saw 283 new projects with a combined capital of 181.5 million USD. At the same time, 573 million USD was added into 163 operating ones, while 521.9 million USD was invested in capital contribution and share purchase deals. In October, Hanoi drew 21 new FDI projects worth 2.7 million USD. Meanwhile, additional 237.1 million USD was injected into 22 underway projects. Foreign investors also poured 20 million USD to capital contribution and share purchase deals in the month.
In the month, the capital city saw more than 2,500 newly-established enterprises, up 37% year on year, with a total registered capital of 18.3 trillion VND, down 32%. However, 268 companies were dissolved, up 20%, while 1,264 businesses halted their operation, up 50%, and 824 others resumed operations, a rise of 24%. The figures pushed the number of new companies in Hanoi so far this year to 24,900, a year-on-year increase of 29%, with a total capital of 283 trillion VND. The number of dissolved companies rose 19% to 3,000, while 8,900 firms operated again, up 2.4%.