Hanoi city leads FDI attraction in first quarter of 2019

04/03/2019

Hanoi has been the country’s top attractor of foreign direct investment (FDI) this year, luring more than than 4.05 billion USD in FDI projects as of March 20, 10 times higher than the same period last year.

A corner of Hanoi capital (Photo: hanoimoi.com.vn)

The Ministry of Planning and Investment’s Foreign Trade Agency said FDI inflow to the city accounted for 38.4 percent of the nation’s total FDI in the first quarter of 2019.

Hanoi outpaced the southern largest economic hub of Ho Chi Minh City and southern Binh Duong province, who came second and third in FDI attraction with 1.57 billion USD and 625.6 million USD, respectively.