Hanoi’s FDI attraction touches nearly $1b in Jan-Sept

Hanoi Statistics Office has recently released socio-economic report for September and the first nine months of this year whereby the capital city’s FDI (foreign direct investment) attraction in Jan-Sep is estimated to have reached 239 projects worth $999.6 million, increasing 3 times from the same period last year.
The total number of newly granted projects reached 190 valued at $493.5 million and the total number of projects registering to raise capital was 49 with total raised capital of $506.1 million.

Some large projects were licensed and registered to increase investment capital such as Yen So wastewater treatment project capitalized at $322.2 million invested by Gamuda Land Vietnam Ltd Co, Vietnammobile business cooperation contract project registered to increase investment capital by $385 million and GTel Mobile Joint Stock Co (GTel Mobile) increased its registered capital by $117 million.

In 2011, the capital city expects to lure 455 FDI projects capitalized at some $1.5 billion (up 75.5% year on year), including 390 newly-licensed projects worth $760 million and 65 existing projects registering to scale up chartered capital with a total of $740 million. – Vietbiz24

Tags: invest in Vietnam, Vietnam FDI, Vietnam FDI 2011, Vietnam investment

Posted by VBN on Sep 21 2011. Filed under Investment. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry