Hanoi’s economy grows 7.92% in first nine months of 2025, FDI surges nearly threefold

DNHN - Hanoi maintained robust growth momentum in the first nine months of 2025 with GRDP up 7.92% year-on-year, driven by strong services and construction sectors.

Hanoi sustained strong economic growth in the first nine months of 2025, with its Gross Regional Domestic Product (GRDP) expanding by 7.92% year-on-year, according to data from the Hanoi Statistics Office.

Across key sectors, services grew by 8.74%, industry and construction rose 7.03%, while agriculture, forestry, and fisheries increased by 3.43%.

Trade activities also demonstrated solid momentum, with total import-export turnover reaching $50 billion, up 13.7% over the same period last year. Of this, exports advanced 12.1% and imports climbed 14.5%.

The capital continued to stand out as a top destination for foreign direct investment (FDI), attracting over $3.89 billion in registered capital between January and September — nearly three times higher than the same period in 2024. This included 301 newly licensed projects worth more than $307 million.

Meanwhile, total retail sales of goods and consumer services were estimated at VND 702.2 trillion (around $26.49 billion), an increase of 12.9% year-on-year, reflecting vibrant domestic demand and a steady post-pandemic recovery.

Anh Nguyen