Hanoi authorities to meet FDI firms, ease their concerns

Sunday, 2021-10-17 08:11:12
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The administration of Hanoi is scheduled to hold a dialogue with foreign invested businesses on October 19. (Illustrative image/Photo: VNA)
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NDO/VNA – The administration of Hanoi is scheduled to hold a dialogue with foreign invested businesses on October 19 to seek ways to tackle difficulties facing them amid the COVID-19 pandemic.

The event, to be held by the municipal People’s Committee and the Hanoi Investment Promotion Agency, is expected to see the participation of 120 participants, including central and local officials, representatives of embassies, international organisations, and business associations, along with FDI firms operating in the capital city.

It will be an occasion for local authorities to learn about obstacles to FDI enterprises’ operations and inform them of solutions to be carried out in the time ahead, especially as Hanoi is entering a “new normal” period after the latest COVID-19 outbreak was put under control.

This also serve as a chance for Hanoi to attract more investment.

There, participants will be updated on the local socio-economic development and results of the recent settlement of problems FDI businesses encountered.

In September, Hanoi granted licences to three FDI projects worth US$5.3 million, bringing the total FDI value in the city in the first nine months to US$927 million, including US$162.6 million for 246 new projects, US$492.4 million added to 93 existing ones, and US$272 million spent on contributing capital to or purchasing shares of local companies, according to its Statistics Office.