The city's Index of Industrial Production (IIP) rose by 5.5% compared to the same period last year, while FDI capital into Hanoi reached $2,873 million, 2.6 times higher than the same period last year. 

Industrial production has seen positive signs.

According to the Hanoi Statistics Office, the capital's IIP in May 2025 is estimated to have increased by 0.8% compared to the previous month and by 7.2% compared to May 2024. 

In total, for the first five months, the overall IIP increased by 5.5% compared to the same period in 2024. Of this, the manufacturing and processing industry increased by 5.5%; electricity production and distribution increased by 5.2%; water supply, waste and wastewater treatment increased by 5%; while the mining sector decreased by 9.9%.

Several manufacturing sectors posted notable growth in the first five months of this year compared to the same period last year. Machinery and equipment manufacturing surged by 28.3%, followed by non-metallic mineral products (up 16.8%), textiles (up 14%), motor vehicles and leather-related products (both up 12.9%). 

Apparel and metal production also rose by 9.6% and 8.3%, respectively. However, some sectors experienced declines, including electrical equipment manufacturing (down 4.3%), paper and paper products (down 4.1%), and transportation equipment (down 2.3%).

Additionally, the labor market in the industrial sector remained generally stable. By the end of May 2025, the number of workers employed in industrial enterprises in Hanoi increased slightly by 0.6% compared to the end of the previous month and decreased by 0.5% compared to the same period in 2024. 

Overall, in the first five months of this year, the labor usage index of industrial enterprises was equivalent to the same period last year, with labor in foreign-invested enterprises increasing by 2.8%, while the non-state sector decreased by 3.8% and the state sector decreased by 0.9%.

In May 2025, Hanoi issued business registration certificates to 2,283 newly established enterprises, a 19.5% decrease year-on-year. However, total registered capital surged by 53.3%, reaching $1.33 billion. The number of businesses resuming operations rose 13.6% to 700, while 1,489 businesses temporarily suspended operations (up 20.3%) and 399 were dissolved (down 2.4%).

Over the first five months of 2025, the city granted certificates to 11,600 new enterprises with a combined registered capital of $4.2 billion, marking a 7.2% decline in volume and a 9.7% drop in capital compared to the same period in 2024. During this time, 5,400 businesses resumed operations (up 6.1%). Meanwhile, the number of businesses temporarily suspending operations and dissolving continued to rise, reaching 17,800 (up 16.2%) and 2,300 (up 26.6%) respectively. Notably, the online business registration rate remained at 100%, ensuring timely and efficient processing.

The Hanoi Statistics Office also reported that in the first five months of 2025, total FDI capital into Hanoi reached $2,873 million, 2.6 times higher than the same period in 2024. Of this, 151 new projects were granted registration with capital reaching $210 million; 68 projects were approved for capital increases with additional capital totaling $2,413 million; and there were 132 instances of foreign investors contributing capital and purchasing shares, totaling $249.9 million.

In May 2025 alone, the city attracted $1,393 million in FDI. This included 36 newly registered projects with total investment capital of $169 million; 23 projects with increased capital totaling $1,216 million. The majority came from the expansion project to build Yen So Park by Gamuda Land Vietnam Company Limited, with capital contribution from Malaysia increasing by $1,120 million, contributing significantly to the surge in FDI. In addition, there were 19 instances of capital contributions and share purchases by foreign investors with a total value of $9.1 million.