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