June 07, 2011 | 21:14 (GMT+7)
Investment in Hanoi increases in first 5 months
Hanoi has so far attracted 535 projects, including 254 foreign investment ones, with a total registered capital of US$ 3.63 billion...
Hanoi has so far attracted 535 projects, including 254 foreign investment ones, with a total registered capital of US$ 3.63 billion.
According to the Hanoi Industrial Zones Management Board, 4 foreign investment projects with a total registered capital of US$ 300,000 and one invested in by a domestic business with registered capital of VND 62 billion were licensed in May.
In addition, the Board also allowed ongoing projects to increase their registered capital by US$ 11 million in May.
With the investment in May, Hanoi has attracted US$ 54.66 million in investment in the first 5 months of 2011, up by 42 per cent year on year and reaching 36% of the City’s 2011 yearly plan.
Source: HNM
Translated by Thu Nguyen