Hanoi eyes 7% GRDP growth in 2023
Hanoi aims to maintain macroeconomic stability and control inflation while promoting new growth drivers and enhancing its economic resilience.
Hanoi has set a target of 7% year-on-year gross regional domestic product (GRDP) growth by 2023 as part of its action plan for socio-economic development this year.
|Production at Sunhouse Group in Ngoc Liep Industrial Park, Quoc Oai District. Photo: Thanh Hai|
This plan includes 22 objectives, such as a GRDP per capita of VND150 million (US$6,400), export growth of 6%, an inflation rate below 4.5%, and a 30% reduction in poverty.
The global situation is expected to remain challenging in 2023, and Hanoi aims to maintain macroeconomic stability and control inflation while promoting new growth drivers and enhancing its economic resilience.
The plan also emphasized the development of cultural and education fields, disease control, and improving people’s material and spiritual well-being, as well as promoting digital infrastructure, environmental protection, and good governance.
This would include the efforts to ensure efficient use of land and resources, environmental protection and proactively addressing climate change while improving urban planning to support infrastructure development.
In addition, the plan stressed the importance of continuing administrative reform and tightening disciplines in public agencies in carrying out public works, especially public investment plans for 2023 and the 2021-2025 period.
This year, Hanoi would push for the construction of new schools at national standards, improve the public health capacity and preserve the cultural-historical heritage sites.
Hanoi’s authorities will make greater efforts in building a digital government, eliminate waste and corruption, and maintain national security.
The city's long-term goals include completing its planning and construction plans by 2050, implementing the ring road No.4 project, and streamlining the state apparatus.
In 2022, Hanoi successfully achieved all 22 socio-economic objectives, including a GRDP growth of 8.89% and a GRDP per capita of VND141.8 million ($6,037).
- Vietnam continues to push for stronger ties with US: PM
- Hanoi promotes public awareness of consumer rights
- Vietnam’s exports – in search for the magic growth catalyst
- Taiwanese firm eyes Hanoi as a key investment destination
- Vietnam wants to restore international travel with China: PM Chinh
- Central Retail may inject US$1.45 billion to expand Vietnamese operations
- Vietnamese organic farm producers seek opportunities at Biofach 2023
- Eurocham Whitebook 2023 highlights green economy and sustainable development
- Vietnamese PM assures foreign investors of their interests
- Vietnam pledges consistent policies for European investors
Vietnam aims for five international-standard cities by 2045
Re-enacting an 80s and 90s style wedding in Hanoi's Old Quarter
Fascinating look at Hanoi in black and white photo collection
Travel enthusiasts flock to Hanoi Tourism Festival 2023
Effective public investment as a top political mission: PM
Hanoi named among Vietnam's most beautiful places
Hanoi among cities with most trees in the world
2023 - a year of high-quality startups in Vietnam
Vietnam 12th International Photo Contest winners announced