Hanoi attracts over 12 million USD of FDI capital in February

Hanoi licenses 22 FDI projects in February. (Photo: VNA)

The opening two months of the year witnessed the total registered capital of newly established FDI projects and additionally increased capital projects reach a sum of USD58.9 million.

Furthermore, the capital has allowed two domestic investment projects to make use of non-budget capital, with newly registered capital and increased capital reaching VND2.879 billion.

Most notably, the reviewed period saw roughly 3,415 enterprises being established, with registered capital reaching VND36.6 billion, a decline of 8% in terms of the number of enterprises and a 54% fall in registered capital compared to the same period from last year.

Despite being affected by the novel coronavirus (COVID-19) pandemic, the economic situation in the capital has yielded a number of positive results, including many outstanding indexes being recorded throughout the two-month period.

The total state budget revenue in the capital by the end of February stood at VND50.839 billion, accounting for 20.2% of the estimate.

Moreover, both January and February witnessed the strong recovery of export and import activities, with export turnover in February posting a year-on-year rise of 10.7%./.


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