Japan ranked first in new foreign investment in Ha Noi with 11 projects. It was followed by South of Korea with five projects. — PHoto vccinews

HA NOI (Biz Hub) — The capital city has granted licences to 44 foreign-invested projects in the IT sector since the beginning of this year, according to the municipal Department of Information and Communications.

Of the total, 19 were new projects, capitalised at US$5.8 million, the department director Phan Lan Tu said, adding that during the period, Japan ranked first in new foreign investment in Ha Noi with 11 projects. It was followed by South of Korea with five projects.

Meanwhile, twenty-five operating projects also allowed to increase their investment, Tu said.

The department has approved in principle the drafting of a proposed zoning plan mapping out a 70–80 hectare high-tech software park in Nguyen Khe and Tien Duong communes in Ha Noi's Dong Anh District, she announced. — VNS