Hanoi most attractive to foreign investors in nine months
Hanoi led 59 cities and provinces receiving foreign direct investment (FDI) in the first nine months of this year by luring 6.15 billion USD, or 23.5 percent of the total FDI that Vietnam got in the period.
Hanoi (VNA) – Hanoi led 59 cities and provincesreceiving foreign direct investment (FDI) in the first nine months of this yearby luring 6.15 billion USD, or 23.5 percent of the total FDI that Vietnam gotin the period.
According to the General Statistics Office (GSO), Hanoi wasfollowed by Ho Chi Minh City with 4.52 billion USD, accounting for 17.3 percentof the total FDI.
The southern industrial hub of Binh Duong came third with2.52 billion USD, accounting for 9.6 percent of the total FDI flowed intoVietnam so far this year.
TheGSO reported that Vietnam attracted 26.16 billion USD in the first ninemonths of this year, up 3.1 percent over the same period in 2019.
Ofthe figure, 10.97 billion USD was poured into nearly 2,760 new projects, up26.4 percent in the number of projects and down 22.3 percent in terms of thecapital year on year.
Approximately4.79 billion USD was pledged to existing projects, just equivalent to 86.4percent of the value from a year ago.
Foreignfirms invested 10.4 billion USD in Vietnam during the period through capitalcontributions and share purchases, representing a year-on-year increase of 82.3percent and accounting for 39.8 percent of the total registered capital.
Thenine-month foreign direct investment (FDI) disbursement was estimated at 14.22billion percent, up 7.3 percent year on year.
Interms of investment areas, processing and manufacturing remained the mostattractive sector to foreign investors during the January-September period,drawing 18.09 billion USD, making up 69.1 percent of the total FDI pledges. Itwas followed by property trading at 2.77 billion USD (10.6 percent of thetotal) and wholesale and retail at nearly 1.4 billion USD (5.4 percent of thetotal).
Amongthe total 109 countries and territories investing in Vietnam, Hong Kong (China)was the largest investor with 5.89 billion USD, followed by the Republic ofKorea at 4.62 billion USD and then Singapore at 3.77 billion USD. Japanovertook China to rank fourth with a registered capital of 3.067 billion USD.
Majorprojects invested by foreign investors in the first nine months of this yearinclude a deal of Hong Kong’s Beerco Limited’s buying of Vietnam Beverage; theLG Display Hai Phong, which received additional 410 million USD; and aChinese-invested project with 280 billion USD./.
With a political bureau’s resolution on improving legal framework for FDI attraction until 2030 adopted recently, many insiders pin high hope on FDI attraction prospect of Vietnam.
Industrial parks and economic zones attracted 397 foreign direct investment (FDI) projects with estimated registered capital of 10.1 billion USD in the first nine months of this year.
Foreign investors poured 26.16 billion USD into Vietnam in the first nine months of this year, up 3.1 percent over the same period in 2019, according to the General Statistics Office.
Hong Kong (China) topped 109 countries and territories investing in Vietnam in the first nine months of this year with total capital of 5.89 billion USD, reported the General Statistics Office (GSO).
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
The Prime Minister emphasised the significance of maintaining macroeconomic stability, controlling inflation, promoting growth, and improving the harmony between monetary and fiscal policies.
Petrovietnam will step up the development of new products and the expansion of international markets to reduce reliance on the domestic market. It also plans to optimise capital use, manage cash flow and costs, streamline operations, and enhance workforce quality to achieve its 2025 goals.
Vietnam has so far attracted 43,346 valid FDI projects with a total registered capital of 517.14 billion USD. The accumulated disbursed capital is estimated at nearly 331.46 billion USD, accounting for 64.6% of the total registered capital.
More than a product showcase, Vietfood & Beverage – Propack Vietnam 2025 is designed as a comprehensive ecosystem where businesses, experts, and consumers can share knowledge, explore technologies, and connect for collaboration.
Both sides expressed their hope that the outcomes of the discussion will continue to improve the efficiency of customs clearance activities at the customs clearance points and dedicated transport routes of the Huu Nghi – Youyi Guan international border gate pair.
The maximum retail price of E5 RON92 petrol has increased by 207 VND to 19,608 VND (0.75 USD) per litre while that of RON95-III rose by 234 VND to 20,074 VND per litre.
A view of Hanoi from Truc Bach lake (Photo: VNA) 
