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Foreign capital into Hanoi doubled in H1/2025

The sharp increase was attributed to the local government's positive support and stable socioeconomic conditions, despite global uncertainties.

THE HANOI TIMES ─ Hanoi attracted nearly US$3.7 billion in foreign direct investment (FDI) during the first half of 2025, which is 2.2 times more than the same period in 2024,

Kalotec Vietnam Co Ltd's production at Quang Minh Industrial Park in Hanoi. Photo: Pham Hung/The Hanoi Times

According to the Hanoi Statistics Office, the city approved 192 new FDI projects, totaling $237.5 million in registered capital, and recorded $300 million in capital contributions and share purchases by foreign investors.

Meanwhile, 89 existing projects increased their investment capital, totaling $3.1 billion. Notably, Malaysia-based Gamuda Land added $1.12 billion to its Yen So Park project.

From January to May, Hanoi led the country in attracting FDI with over $3.2 billion, accounting for 17.6% of Vietnam’s total.

The capital's competitive advantages include sustainable socioeconomic development, a large and high-quality labor force, a diverse services sector, a growing domestic market, and the city authorities' commitment to improving the business environment.

In addition, the revised Capital Law, effective January 1, 2025, introduces incentives and favorable policies for investors.

The city is also focusing on cultivating a high-quality workforce, adopting modern technology, and developing infrastructure faster for industrial parks and clusters to meet FDI demand.

According to the city’s statistics office, 26.3% of manufacturing firms reported improved Q2 business conditions, 50% stable; if markets recover, 27.5% expect better Q3 performance, while 86.4% of FDI, 85% of state-owned, and 81.5% of private firms forecast stable or improved operations.

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