Hanoi is one of the three leading localities nationwide in foreign direct investment (FDI) attraction, accounting for 17.3 percent in the number of projects and 9.32 percent in the amount of registered FDI in the country, said the Ministry of Planning and Investment.
The city’s economy has recorded stable development and remarkable results since Vietnam joined the World Trade Organisation (WTO) in 2007.
At present, more than 2,000 local enterprises are engaging in import-export activities in over 200 countries and territories. The city’s average gross regional domestic product (GRDP) growth reached 9.85 percent during 2007-2014.
Hanoi’s economic structure saw positive changes with the proportion of service and industry-construction sectors increased, while that of agriculture sector declined.
The municipal authorities have paid special attention to assisting businesses in accessing capital sources, while promoting administrative reform, especially in tax procedure, in order to facilitate enterprises’ production and business activities.
While working with municipal leaders on September 3, Deputy Head of the National Assembly's Economic Committee Nguyen Van Phuc spoke highly of recent achievements made by the city.
He asked the local authorities to focus on building more trade names while fully tapping existing ones, and upgrading infrastructure facilities, thus effectively serving the city’s integration.
According to statistics from the municipal People’s Committee, by the end of 2014 , Hanoi attracted 3,169 FDI projects with total investment of 26.3 billion USD.
As of June 20 this year, the city was home to 3,206 foreign-invested projects with a combined investment capital of more than 24 billion USD.-VNA
The southern province of Binh Duong attracted over 1.2 billion USD in foreign direct investment (FDI) from January-July, surpassing the yearly target of one billion USD.
The Yen Phong Industrial Park in the northern province of Bac Ninh has drawn 7.5 billion USD in investment, including 7.2 billion USD from foreign investors.
The Management Board of Industrial Zones in the southern province of Dong Nai has granted licences to seven foreign direct investment (FDI) projects worth over 32 million USD in August.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
Illustrative image (Photo: VNA)
