Ha Noi attracts $366m investment in January

Ha Noi has presented investment licences for 43 new projects with total registered capital of US$31.7 million, the municipal Department of Planning and Investment said.

A view of Ha Noi City. The city has presented investment licences for 43 new projects with total registered investment capital of US$31.7 million.-Photo zing.vn

The city has also adjusted the investment plan of 15 current on-going projects, raising their investment capital to over $334 million, and bringing total investment capital into Hà Nội during January to nearly $366 million.

Also in January, the city granted business registration certificates for 1,414 newly-established enterprises with registered capital of VND13.1 trillion ($580 million), bringing the total number of businesses operating in the city to over 209,500 firms.

Ha Noi has set Gross Regional Domestic Product (GRDP) growth targets of 8.5 to 9.0 per cent for 2017.

To achieve these targets, the city will focus on some key tasks including economic development. Ha Noi will implement measures to improve competitiveness and its provincial competitiveness index (PCI), improving the business and investment environment, and encouraging entrepreneurship and enterprise development.

Ha Noi will also focus on innovation and improvements in market forecast management quality, strengthening trade promotion and boosting exports while enhancing investment promotion, and mobilising domestic and overseas resources for development.

Chairman of Ha Noi People’s Committee, Nguyen Duc Chung, has assigned relevant agencies to urgently study and propose specific measures to attract investment to the city, before submitting them to the Prime Minister for consideration and preparing for the Investment Promotion Conference in Ha Noi to be held in April.

Source VNS