At present, the number of secondary investment projects has reached 707, of which 305 are foreign direct investment (FDI) projects with total registered capital of over 6.1 billion USD.

Moving into the second half of the year, Hanoi’s IPs aims to attract roughly 400 USD million, up 29% compared to 2021.

Furthermore, the capital also plans to establish a new industrial park and complete investment procedures for between two and three industrial parks and hi-tech parks moving forward.

Boasting several competitive advantages in terms of an open investment climate, political stability, sustainable socio-economic development, as well as abundant and high-quality human resources, FDI inflows into Hanoi in recent years have tended to increase, especially after the country joined a number of free trade agreements.

The capital therefore hopes to achieve an industrial production index of 10.2% annually throughout the 2021 to 2030 period.