Foreign direct investment (FDI) into Hanoi in the first seven months of 2025 rocketed 91% on-year to US$3.8 billion, the highest level in the past three years.

According to the Hanoi Statistics Office, in July alone, the city attracted $77.4 million in FDI, including 30 newly licensed projects with a total registered capital of $6.5 million, 10 existing projects that increased their investment capital by a total of $50.3 million, and 27 transactions worth $20.6 million.

Between January and July, the city licensed 222 new projects with a total registered capital of $244 million, and 99 projects increased their capital by a total of $3.2 billion.

Notably, the Yen So Park construction project by Malaysia-based Gamuda Land Vietnam Co., Ltd added $1.12 billion in capital. Additionally, 200 transactions totaled $317 million.

Alongside strong FDI inflows, Hanoi’s business registration activity also showed positive signs in the January-July period. As many as 18,300 new businesses were licensed, with a total registered capital of $7.2 billion, up 12% in terms of value.

Additionally, 6,800 businesses resumed operations, up 4.5%; 21,500 temporarily suspended operations, up 20%; and 3,300 businesses were dissolved, up 29%.

100% of enterprise registration applications were processed online, ensuring timeliness and quality.

Online business registration in Hanoi helps enterprises save time and costs by allowing them to submit applications, track progress, and receive results entirely online, minimizing the need for in-person visits.

Hanoi is intensifying administrative reforms to enhance its business environment and competitiveness.

The city, in collaboration with the Vietnam Chamber of Commerce and Industry (VCCI), aims to improve its Provincial Competitiveness Index (PCI) and Provincial Green Index (PGI) by streamlining procedures, supporting enterprises, and promoting transparency, creating favorable conditions for investment and sustainable economic development.