Capital absorbs US$1.7 billion in FDI in four months

May 10, 2023 9:20 AM GMT+7

VGP - The capital city of Ha Noi attracted over US$ 1.7 billion of foreign direct investment (FDI) in the first four months of 2023 with 103 new projects worth US$35.2 million and 50 others permitted to increase investment capital by US$91.8 million.

Capital absorbs US$ 1.7 billion in FDI in four months - Ảnh 1.

Illustration photo

According to the city's Statistics Office, during the period, 105 foreign investors contributed capital and bought shares worth US$ 79.9 million. Japanese investor Sumitomo bought shares of VPBank with a transaction value of US$ 1.5 billion.

During the January-April period, Ha Noi had 10,300 new enterprises, up 13% over the same period last year. Their registered capital reached VND 93.1 trillion, down 24 percent over the same period last year.

Meanwhile, 1,200 enterprises in the city were dissolved in the last four months, marking an increase of 2% compared to that of the same period last year.

Moreover, 1,413 enterprises are completing procedures for dissolution, up 7 percent and 11,800 enterprises registered to suspend operations, up 25 percent, while 4,200 enterprises resumed operations, down 22 percent over the same period.

Total retail sales of consumer goods and services in the city in the first four months of this year reached VND 244 trillion, up 11.2 percent over the same period./.

Khanh Phuong