FDI Inflows into Hanoi Accelerate in Early 2025

According to updated information from the Hanoi Statistics Office, the capital’s industrial production has grown quite steadily. Accordingly, Hanoi’s industrial production index (IIP) in the first 5 months of 2025 is estimated to increase by 5.5% over the same period last year. Of which, the processing and manufacturing industry also increased by 5.5%, electricity production and distribution increased by 5.2%, and water supply, waste and wastewater treatment increased by 5%.

In the first 5 months of 2025, Hanoi granted certificates to 11,600 newly established enterprises with registered capital of VND 106.7 trillion, down 7.2% in the number of enterprises and 9.7% in registered capital compared to the same period last year. About 5.4 thousand enterprises resumed operations, up 6.1%; 17.8 thousand enterprises registered to temporarily suspend operations, up 16.2%; 2.3 thousand enterprises dissolved, up 26.6%.

Also according to the Hanoi Statistics Office, FDI attraction increased sharply. Specifically, Hanoi attracted 2.87 billion USD in the first 5 months of 2025, 2.6 times higher than the same period in 2024. This strong growth was largely due to 68 projects adjusting their investment capital to increase by 2.41 billion USD, of which the Yen So Park project of Gamuda Land Vietnam Co., Ltd. (Malaysia) alone increased by 1.12 billion USD. In addition, there were 151 newly registered projects with capital reaching 210 million USD.

Regarding exports, in the first 5 months of 2025, Hanoi’s total export turnover is estimated at 8.2 billion USD, up 13.1% over the same period last year. Of which, the domestic economic sector reached 4.7 billion USD, up 9.5%; the foreign-invested sector reached 3.5 billion USD, up 18%.

Hanoi’s tourism continues to grow strongly. In the first 5 months of 2025, Hanoi welcomed 3.21 million tourists, up 25.1% over the same period last year. International visitors reached 2.34 million, up 26.8%; domestic visitors reached 876 thousand, up 20.6%.

Total state budget revenue in Hanoi in the first 5 months of 2025 reached 362.1 trillion VND, reaching 71.6% of the annual ordinance estimate and increasing by 54.4% over the same period in 2024. Domestic revenue increased by 55.4%, with land use fee collection exceeding 60.6% of the estimate and 7.4 times higher than the same period. According to the assessment, the first 5 months of 2025 witnessed positive and stable development of Hanoi’s economy in many fields, creating a solid premise for growth in the coming time.