Hanoi reports $3.87 billion in FDI and launches major infrastructure projects

Hanoi has reported significant economic activity through both foreign investment and large-scale infrastructure development. In the first nine months of 2026, the city attracted approximately $3.87 billion in Foreign Direct Investment (FDI), representing about 86.11% of its annual target of $4.5 billion. This figure is roughly 100.88% of the total FDI recorded during the same period in 2025. Notably, September 2026 saw a sharp increase in investment, with total FDI reaching $137.61 million, a 261.19% increase compared to September 2025.

Simultaneously, the city has announced a massive list of 292 projects and works with a total investment value of approximately 384,886 trillion VND. Among these, 18 flagship projects worth over 127,000 trillion VND are being inaugurated or commenced. Key developments include a 299-hectare safari park in Ba Vi, a $420 million multipurpose entertainment complex and horse racing track in Soc Son, and major environmental projects to dredge and treat pollution in the Nhue and Cau Bay rivers. Other initiatives focus on upgrading dike systems and developing cultural and commercial spaces near the Long Bien bridge railway arches.