Seven months of 2025: Hanoi maintains growth momentum thanks to FDI capital

Electronic components manufacturing. (Source: VNA)

In the context of the world political situation continuing to develop complicatedly and unpredictably, Hanoi has taken measures to remove difficulties for businesses and promote socio-economic development programs. Thanks to that, the city's socio-economic situation in the first 7 months of 2025 continued to grow, in which attracting foreign direct investment (FDI) continued to be a bright spot.

Retaining FDI investors

According to the report of the Hanoi Statistics Office, in 7 months, the total state budget revenue in the area reached 427.1 trillion VND, an increase of 83.1% of the annual estimate, an increase of 39.9% over the same period in 2024; total retail sales of goods and social consumer services increased by 11.9%; export turnover increased by 12.3%; revenue from transportation, transportation support services and postal delivery increased by 16.4%; tourists to Hanoi served by accommodation establishments increased by 21.2%.

The cultural and educational fields continue to develop, social security is guaranteed.

In particular, in the context of the global economy facing many challenges, Hanoi has emerged as an impressive bright spot on Vietnam's map of attracting foreign direct investment (FDI).

Since 1986, Hanoi has always maintained its position as one of the leading localities in the country in attracting FDI. The total accumulated FDI capital reached about 61.5 billion USD, with 7,710 valid projects, making Hanoi the second largest in the country. In the first 7 months of 2025 alone, FDI capital inflows grew dramatically, with more than 3.75 billion USD, 1.9 times higher than the same period in 2024.

Deputy Director of Hanoi Department of Finance Le Trung Hieu said that Hanoi's success in attracting FDI capital comes from a combination of many factors. First of all, the strong belief of international corporations in Hanoi's business environment and sustainable development potential.

Strategic geographical location and synchronous infrastructure are also key advantages, helping Hanoi become an important gateway with an increasingly modern transportation system, creating favorable conditions for logistics and market connection. In addition, abundant, high-quality human resources from hundreds of universities and colleges are a great competitive advantage, especially in the fields of technology and engineering.

In addition, the favorable business investment environment is strengthened thanks to efforts to improve administrative procedures, clarify regulations and preferential investment policies of the city government.

A large consumer market with more than 8 million people and high per capita income, along with great potential for urban and service development, also creates a solid foundation for Hanoi to not only attract but also retain investors.

According to Mr. Le Trung Hieu, the key sectors attracting large capital in Hanoi include real estate (accounting for 36.54%), manufacturing and processing industry (23.61%), goods trading and commercial services (12.43%) and scientific and professional activities (12.4%).

The capital has also attracted investment from 117 countries and territories, of which Japan, Singapore and South Korea are the leading partners.

Major projects include Gamuda Group (Malaysia) with the Yen So Park Construction Project and the C2-Gamuda Gardens New Urban Area Project, the Nam Thang Long New Urban Area Project and the Le Trong Tan New Urban Area Project - Parkcity Hanoi. Countries investing heavily in Hanoi during this period include Malaysia, Singapore, Japan, China, and South Korea.

Mr. Le Trung Hieu added that after the process of organizing a two-level local government, Hanoi will have more strong motivations to promote growth and attract investment capital. Optimizing resources through merging administrative units and streamlining the government apparatus will help reduce overlaps, improve management and operation efficiency; expanding development space will create more clean land to attract investors, especially in suburban areas.

Synchronously deploy growth solutions

In addition to the achievements, Hanoi still has some shortcomings and limitations such as the construction industry growth is lower than the scenario, the industrial production index (IIP) is not commensurate with the potential, the number of dissolved and temporarily suspended enterprises is increasing. Waste and wastewater treatment plant projects have not yet reached the schedule, and the treatment of water pollution in inner-city rivers has not yet met the requirements.

Vice Chairman of the Hanoi People's Committee Truong Viet Dung said that to achieve the target of GRDP growth of 8% or more, the City People's Committee will focus on tasks such as: boosting economic growth, with solutions to stimulate domestic consumption; promoting industrial production; supporting and developing the private economy, improving the investment and business environment; promoting the application of high technology in agriculture; speeding up disbursement progress with the determination to achieve 100% of public investment capital.

At the same time, Hanoi continues to strongly promote science, technology and innovation, effectively implement Resolution No. 57-NQ/TW, deploy electronic medical records at 100% of public hospitals in the third quarter of 2025, expand the "Digital Education for All" movement to 80% of urban households; synchronize 1,917 administrative procedures, 4,400 commune and ward accounts, 13,000 user accounts, ensure real data connectivity; support 50 innovative start-up projects at Hoa Lac High-Tech Park, attract an additional 500 million USD of FDI capital into high technology.

Hanoi focuses on building sustainable, modern urban areas in harmony with the countryside: Completing 4 new planning projects (underground construction space, urban subdivisions of the Red River, Duong River, parking lots) in the third quarter of 2025.

In particular, speed up the progress of Ring Road 4 - Hanoi Capital Region (disbursement of 50% of the plan), urban railway lines No. 2, No. 5, and 6 large bridges across the Red River (Hong Ha, Me So, Thuong Cat, Ngoc Hoi, Tran Hung Dao, Van Phuc)...

The Cat Linh-Ha Dong urban railway (Hanoi) - the first urban railway line in the country - has become a daily means of transport for many people in the capital. (Photo: Tuan Anh/VNA)

Hanoi will also focus on handling dust, wastewater, and garbage pollution, gradually creating a clean and livable environment: Putting Yen Xa wastewater treatment plant into operation in the third quarter of 2025, speeding up the progress of Viet Hung and Nam An Khanh wastewater treatment projects; implementing the program to renovate To Lich, Lu, and Set rivers, reducing pollution levels by 50% by the end of the year...

Along with that, Hanoi presided over and closely coordinated with the central ministries and branches to organize the celebration of the 80th anniversary of the August Revolution and National Day on September 2. At the same time, effectively operated the two-level government model, ensuring the smooth operation of 126 new communes and wards, taking people and businesses as the center of service; the satisfaction of people and businesses is the measure of the quality and efficiency of the two-level government.

With high determination and synchronous solutions, Hanoi strives to achieve an average income per capita of over 172.4 million VND/person/year by 2025; total state budget revenue in the area is 505,437 billion VND, contributing to the overall development of the country.../.

Source: https://baolangson.vn/bay-thang-nam-2025-ha-noi-giu-vung-da-tang-truong-nho-nguon-von-fdi-5055209.html