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).
Other News
- Vietnam among Asia-Pacific's fastest growing economies: FedEx
- Vietnam’s stock market remains attractive investment channel: Expert
- Cuba appreciates Vietnam’s support in food and fisheries production
- Vietnam, China to step up cooperation strategy for mutual development
- PM orders urgent measures to address volatile gold prices
- Vietnam earns US$1.4 billion from rice exports in Q1
- Russia’s Zarubezhneft Group explores opportunity for offshore wind projects in Vietnam
- Vietnam poised to reap rewards of rebound in global demand: AMRO
- India, Vietnam seek strong development objectives: Ambassador
- Vietnam’s economy set for speedy recovery in latter half of 2024
Trending
-
Culture is national asset: Vietnam PM
-
Vietnam news in brief- April 19
-
Cultural similarities provide basis for Vietnam-Italy cooperation in various fields
-
[Video]Hanoi beauty spots featured in saxophone legend Kenny G's music video
-
Colorful stage shows in Hoan Kiem Lake pedestrian area
-
It happened as it had to happen
-
Hanoi street where dead appliances come back to life
-
Vietnam’s economy urged to rely on internal strengths to weather global uncertainties: ADB
-
Vietnam, Thailand advance realization of “Three Connections” strategy