31st Sea Games - Vietnam 2021 Covid-19 Pandemic
Home / Hanoinews
Hanoi strives to become ideal destination for investors
Nguyen Tung - Thuy Tien 14:41, 2020/12/29
Hanoi is setting up a list of investment projects, in which priority will be given to hi-tech projects, Vice Chairman of the Hanoi People’s Committee Nguyen Manh Quyen has said.

Hanoi will take specific actions to become an ideal destination for both local and foreign investors, Vice Chairman of the Hanoi People’s Committee Nguyen Manh Quyen told Hanoitimes on the sidelines of the national conference between the government and provinces/cities on December 28.

 Vice Chairman of the Hanoi People’s Committee Nguyen Manh Quyen.

Mr. Quyen said Hanoi has been in the top ten of the Provincial Competitiveness Index (PCI) for three consecutive years, which shows the strong efforts of the local government.

“To further improve the business/investment environment, Hanoi will continue to push for administrative reform, draft new incentive policies and provide comprehensive support for investors,” Mr. Quyen stated, adding the local government would accompany investors from early phase such as market entry, business registration to being awarded public investment  projects in Hanoi.

In the coming time, Hanoi give priority to attracting high quality foreign direct investment (FDI) projects, focusing on those with modern technologies, environmentally-friendly and technology transfer.

“Hanoi is setting up a list of projects with investment in priority fields, especially hi-tech projects,” he continued.

In 2020, Hanoi has successfully hosted the “Hanoi 2020- Investment and Development Cooperation”, which was demonstrated by the participation of nearly 2,000 delegates and over US$17.6 billion in investment capital committed by both foreign and domestic investors.

“This has been one of the key contributors to aid Hanoi’s economic recovery process, which eventually leads to an economic growth of 3.98% for this year,” Mr. Quyen asserted.

TAG: Vietnam Hanoi investment destination covid-19 coronavirus nCoV pandemic Nguyen Manh Quyen high quality fdi
Other news
09:14, 2022/14/07
International passengers having monkeypox symptoms to be transfered to hospitals from Noi Bai Airport
The medical quarantine area at the Hanoi-based airport has been equipped with billboards and communication leaflets on epidemic prevention instructions are distributed.
17:46, 2022/46/06
Golf tournament expected to boost tourism in capital city
The combination of golf and tourism may be a solid boost to the tourism sector that has suffered adversities of the Covid-19 pandemic.
15:06, 2022/06/06
Hanoi discusses solutions to make public transport attractive
The public transport system in Hanoi has been upgraded, meeting the travel demand of locals.
14:37, 2022/37/06
Hanoi kicks off US$32.6 million underpass construction at busy intersection
The underground passageway project helps to complete Hanoi city’s transport infrastructure.
12:09, 2022/09/06
Hanoi creates more than 179,000 jobs in nine months
The labor market in Hanoi in the first nine months of 2022 has regained its pulse, recording a recovery and substantial growth since March 2022.
07:10, 2022/10/06
Hanoi opens underpass at busy intersection
The underpass is a key project to deal with congestion at one of the busiest intersections in Hanoi.