Hanoi licenses 235 FDI projects in four months

Monday, 04/05/2020 17:28
The capital city of Hanoi granted licences to 235 foreign-invested projects with total registered capital of 324 million USD in the first four months of this year.
Illustrative image (Photo: VNA)

A further 35 projects registered additional capital of 365 million USD, while foreign investors contributed capital and purchased shares worth 293 million USD.

During the period, the city earned over 4.3 billion USD from exports, down nearly 4.7 percent year-on-year. Export earnings of domestic firms fell 4.6 percent while that of foreign enterprises was down 4.7 percent.

The city’s industrial production index in April dropped 14.7 percent month-on-month and 4.3 percent year-on-year.

However, the index for the first four months of this year rose by 2.3 percent annually./.

CPV/VNA

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