Total investment capital reached 61.5 billion USD
Since 1986, Hanoi has 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 from 7,710 valid projects, making Hanoi the second largest in the country. Key sectors attracting large capital include real estate (accounting for 36.54%), manufacturing and processing industry (23.61%), trade and commerce services (12.43%) and scientific and professional activities (12.4%). The capital has also attracted investment from 117 countries and territories, with Japan, Singapore and South Korea being the leading partners.
Notably, in the first 6 months of 2025, Hanoi attracted more than 3.67 billion USD in FDI, an increase of 216% over the same period in 2024, taking the lead in the country. Notably, 89 projects with increased capital with a total added value of 3.143 billion USD contributed greatly to this impressive figure.
Major projects include Gamuda Group (Malaysia) with Yen So Park Construction Project and C2-Gamuda Gardens New Urban Area Project, Nam Thang Long New Urban Area Project, and Le Trong Tan New Urban Area Project - Parkcity Hanoi.
Countries investing heavily in Hanoi during this period include: Malaysia, Singapore, Japan, China, South Korea, and Taiwan.
Illustration photo. |
This remarkable growth comes from a combination of many factors. First of all, large capital increase projects demonstrate the international corporation’s confidence in Hanoi’s business environment and development potential. The strategic geographical location and synchronous transport infrastructure help the city become an effective gateway.
Hanoi also possesses abundant, high-quality human resources, especially in the fields of technology and engineering; The investment environment is continuously improved thanks to administrative reform, transparency of regulations and attractive incentive policies; The large consumer market with more than 8 million people and increasing urbanization demand are important foundations for Hanoi to attract and retain investors.
Incentives to attract investment in high-tech fields
In recent times, Hanoi has proactively researched and developed flexible and effective investment attraction mechanisms and policies. Accordingly, the City focuses on investment incentives by industry and location, especially in industrial parks and high-tech parks such as Hoa Lac, prioritizing high-tech fields, manufacturing and processing industry, high-quality services, R&D and innovation.
At the same time, Hanoi also strengthens comprehensive support for businesses through the establishment of special working groups to promptly remove difficulties and maintain regular dialogue channels. In addition, it invests heavily in infrastructure, including urban infrastructure, digital infrastructure, and energy infrastructure, to complete the transportation system, digital platform, telecommunications, electricity, and water to meet the increasing production and business needs of investors.
However, Hanoi still has a lot of room to attract FDI, especially in high value-added sectors. Hanoi is aiming to become a high-tech and semiconductor center, with strong potential in Research & Development (R&D) and innovation thanks to its human resource advantages. The demand for investment in smart urban solutions and green infrastructure, renewable energy, and high-tech waste treatment is also very large.
In addition, high-quality service projects such as finance, banking, tourism, healthcare, and education still have great potential to attract FDI. In addition, a capital with a thousand years of culture is always a land with many advantages to create a difference to attract investment and develop tourism.
With 1,350 craft villages, including more than 300 traditional craft villages, Hanoi is known as the “land of a hundred crafts”, with the largest number of craft villages in Vietnam and the city with the largest number of craft villages in the world. The production activities of Hanoi’s craft villages are currently creating jobs for about 1 million rural workers and bringing in an annual export turnover of over 250 million USD.
To turn potential into reality, the city will selectively attract and prioritize high-tech, environmentally friendly projects with commitments to technology transfer and creating links with domestic enterprises. At the same time, Hanoi will focus on calling on the world's leading multinational corporations and investment funds specializing in technology.
In addition to the results of attracting registered capital, Hanoi also focuses on accelerating the disbursement and implementation of FDI projects. In the first 6 months of 2025, the implemented capital of FDI projects reached about 1.46 billion USD.
New impetus from the two-tier government model
Hanoi's implementation of a two-tier government model after the administrative unit merger is expected to create a new boost for investment attraction. The streamlined apparatus helps reduce overlap in management, increase operational efficiency and significantly improve the quality of business services. Development space is expanded, creating more clean land funds, especially in suburban areas, meeting the needs of large-scale projects. Along with that, the capacity to handle administrative procedures is improved, approval time is shortened, creating a more favorable environment for investment activities.
The infrastructure system is being invested synchronously on a large scale, from transportation to electricity, water, telecommunications, helping to increase connectivity between regions and improve the capacity to transport goods and distribute services. As the urban scale expands, the quality of life improves and the working environment becomes more modern, Hanoi has more advantages in attracting high-quality human resources, meeting the increasing demands of high-end technology and service projects.
Hanoi's implementation of a two-tier government model after the administrative unit merger process is expected to create a new boost for investment attraction. |
In addition to administrative and infrastructure factors, Hanoi’s FDI attraction structure is also clearly shifting. Instead of focusing on labor-intensive industries like many other industrial provinces, Hanoi is an attractive destination for high value-added sectors, with real estate and commercial services accounting for 36.54% and 12.43% of the total accumulated FDI capital, respectively, reflecting the role of the capital as a major urban center.
Notably, investment in professional, scientific and research and development (R&D) activities currently accounts for 12.4%, showing great potential in developing high-tech industries such as chips, semiconductors, artificial intelligence, etc.
With its existing foundation, clear development orientation and flexible policies, Hanoi has been affirming its position as the center of investment, innovation and high technology of Vietnam in the new period.
Source: https://baodautu.vn/ha-noi-dan-dau-ca-nuoc-ve-thu-hut-fdi-nua-dau-nam-2025-d343764.html
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