Hanoi to inspect 81 foreign-invested projects

By Tung Anh - Jun 16, 2023 | 10:33 AM GMT+7

TheLEADERThe inspection will be implemented from April to the end of November 2023.

Hanoi to inspect 81 foreign-invested projects
Hanoi ranks second in the Vietnam in attracting FDI. Photo: Hoang Anh

The foreign-invested economic projects and organizations under scrutiny include 64 projects and 17 organizations. 

Among the large-scale real estate projects to be inspected are AON VINA Company Limited's Keangnam Ha Noi Landmark Tower project in Nam Tu Liem district, Pacific Thang Long's Giang Vo complex project in Ba Dinh district, Noble Viet Nam's Noble low-rise housing and service area project in Dong Anh district, and Grand Plaza Hanoi Hotel's Grand Plaza Hanoi hotel project in Cau Giay district.

The inspection plan targets to improve the effectiveness of investment projects and foreign-invested economic organizations' activities and align them with local socio-economic development goals and directions.

The plan looks to strengthen the sense of responsibility of investors and foreign-invested economic organizations in complying with investment laws and relevant regulations in their investment and business activities.

Appropriate measures will be proposed to the relevant authorities to resolve any violations found during the inspection.

In the first four months of 2023, Hanoi attracts $1.71 billion in foreign direct investment, an impressive increase of 260 per cent. Having over 7,000 valid FDI projects with a total investment capital of $61.7 billion, the capital city ranks second in the country in attracting FDI, following Ho Chi Minh City.