National Focus

Hanoi to inspect 81 foreign-invested projects

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

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

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. 

Foxconn buys land for a new plant in central Vietnam

Foxconn buys land for a new plant in central Vietnam

National Focus -  1 year
Apple's supplier will deploy its new electronic component production project on a total area of 48 hectares in Nghe An province.
Foxconn buys land for a new plant in central Vietnam

Foxconn buys land for a new plant in central Vietnam

National Focus -  1 year
Apple's supplier will deploy its new electronic component production project on a total area of 48 hectares in Nghe An province.
CEO Group chairman unveils guide to Vietnam real estate for foreigners

CEO Group chairman unveils guide to Vietnam real estate for foreigners

National Focus -  1 month

Doan Van Binh, Chairman of CEO Group and Vice President of the Vietnam National Real Estate Association, introduced his latest book, “Vietnam Real Estate for Foreigners,” at a launch event in Hanoi on Friday.

Women leading the charge in Vietnam's green transition

Women leading the charge in Vietnam's green transition

National Focus -  2 month

Acting for increased women’s participation and leadership in climate action, Vietnam can accelerate a transition that is more inclusive, just, and impactful.

Steam for girls: A journey of passionate and creative girls

Steam for girls: A journey of passionate and creative girls

National Focus -  2 month

The "Steam for girls 2024" competition provides a creative platform for Steam and an opportunity for students to connect with peers from various regions within Vietnam and internationally.

Politburo backs North-South high-speed railway proposal

Politburo backs North-South high-speed railway proposal

National Focus -  3 month

The Politburo on Wednesday supported a plan to invest in a high-speed railway along the country’s North-South axis, marking a crucial step for the multi-billion-dollar project aimed at boosting economic growth and infrastructure development.

Ho Chi Minh City inaugurates Japan-funded wastewater treatment plant

Ho Chi Minh City inaugurates Japan-funded wastewater treatment plant

National Focus -  3 month

Ho Chi Minh City has inaugurated the expanded Binh Hung wastewater treatment plant, now the largest facility of its kind in Vietnam.

Electric vehicle market faces growth hurdles

Electric vehicle market faces growth hurdles

National Focus -  3 month

Vietnam's electric vehicle market, holding just 15 per cent of the automotive market share, shows promise but faces significant challenges in scaling up due to infrastructure and regulatory obstacles.