According to Hanoi’s
Department of Planning and Investment, in November, the city had 60 newly
licensed FDI projects with a total registered capital of 600 million USD.
Of these, there are 52
projects with 100% foreign direct investment; 8 joint venture projects.
Besides, there are 8 projects being adjusted to increase investment capital
with the additional capital of 6.7 million USD.
Also, in November
2019, foreign investors contribute capital and buy stakes reach 72.9 million
USD.
Notably, during the
recent Prime Minister’s business trip to Korea, the leader of Hanoi People’s
Committee awarded 4 investment policy decisions worth more than 400 million
USD, signing the memorandum of understanding to invest in Hanoi worth
more than 4 billion USD.
Accumulated from the beginning of the year to November 25th 2019,
the total registered capital of newly established projects and additional
capital increased projects reached 2,142 million USD, of which newly registered
788 projects with total capital of 1,562 million USD; 160 additional projects
register to increase investment capital of 580 million USD.
In the first 11 months
of 2019, foreign investors contributed capital, buying capital contribution
reach 5,330 million USD.
Previously, in October
2019, Hanoi had 91 newly licensed FDI projects with a total registered capital
of 468 million USD, of which 72 projects were 100% foreign direct investment, 19
joint venture projects. Of these, foreign investors contribute capital and
purchase shares reach 5,330 million USD. The number of projects terminating,
suspending and dissolution is 27 projects, of which 24 projects are 100%
foreign direct investment and joint ventures are 3 projects.
Major projects from
the beginning of the year until now have invested in Hanoi such as the capital
contribution and share purchase project of Beerco Limited (Hong Kong) in
Vietnam Beverage Co., Ltd., the value of the capital contribution is 3.85
billion USD with the main target of brewing and brewing malt in Hanoi. The
project Meiko Electronics Co., Ltd. (Hong Kong) with the goal of designing,
assembling and manufacturing electronic components in Hanoi adjusts to increase
an additional of 200 million USD investment capital.
Hanoi together with
many leading corporations in Japan also exchanged memorandums of understanding
(MOUs) on investment cooperation in many projects in the city with a total
committed investment capital of up to 3.75 billion USD.
In addition, the newly
released data of Foreign Investment Agency (Ministry of Planning and
Investment), in the first 11 months, the country has attracted nearly 31.8
billion USD of foreign investment, up 3.1. % compared to the same period last
year.
Specifically, in 11
months, capital contribution and share purchase reached US $ 11.24 billion, up
47.1% over the same period in 2018 and accounting for 35.4% of the total
registered capital. Meanwhile, both newly and increased capital decreased.
Specifically, newly granted capital reached 14.68 billion USD, down 7%;
additional capital reached US $ 5.87 billion, down 10.7% over the same period
last year.
In addition, the newly
released data of Foreign Investment Agency (Ministry of Planning and
Investment), in the first 11 months, the country has attracted nearly 31.8
billion USD of foreign investment, increase by 3.1% compared to the same period
last year.
Specifically, in 11 months, capital contribution and share
purchase reached 11.24 billion USD, increase by 47.1% over the same period in
2018 and accounting for 35.4% of the total registered capital. Meanwhile, both
newly and increase capital decreased. Specifically, newly granted capital
reached 14.68 billion USD, decrease by 7%; additional capital reached 5.87
billion USD, decrease by 10.7% over the same period last year.
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