Hanoi to spearhead the nation’s industrialization efforts until 2030

Hanoi aims to spearhead the nation's industrialization and modernization until 2030, with an eye on 2045. 

Hanoi has seen major transformation over the years. Photo: Pham Hung

According to the municipal Party Committee, the goal of the plan is to transform the mindset and build consensus in the political system and people to achieve socioeconomic development objectives.

The Party Committee emphasized the use of science-technology and innovation, specifically Industry 4.0 advancements, as a key solution for the country’s modernization in the 2021-2030 period.

“This would help Vietnam to make breakthroughs in productivity and improve the economy's competitiveness,” stated the plan.

For Hanoi, the plan identifies key targets for economic growth, enhancing socio-cultural values, urban development, and environmental protection.

By 2030, Hanoi and other provinces/cities will strive for the country to reach the standards of an industrialized country with an upper-middle income status. By 2045, the focus will shift toward enhancing the quality of modernization and industrialization in all aspects of socioeconomic activities.

Hanoi plans to establish a supportive legal framework and build its industry toward high-tech and modernization. Priorities will be placed on developing low-carbon, resource-efficient sectors, as well as promoting the industrialization of agriculture and rural areas. The service sector will be restructured with a focus on technology, innovation, and creativity. The plan emphasizes the use of technology and the training of a skilled workforce to support Hanoi's industrialization journey.

By 2025, Hanoi aims to boost the proportion of trained and skilled labor force to 75-80% and keep the urban unemployment rate below 3%. The city also intends to fully digitize its government agencies and establish itself as a smart city while promoting the development of the digital economy and society.

To support the national digital transformation, Hanoi plans to nurture technology-based businesses and aid enterprises in researching, developing, and mastering core technologies, digital products, and services. The city will also focus on building modern, integrated infrastructure to support rapid and sustainable urbanization, which will serve as a strong foundation for industrialization and modernization. This involves completing the Ring Road No.4 project before 2027 and preparing for the investment and construction of Ring Road No.5 before 2030.

Hanoi’s plan aims to achieve a modern, advanced, and eco-friendly public transportation system that caters to 30-35% of the travel demand by 2025 and 45-50% by 2030. The city also intends to shift intake from underground to surface water from the Red River, Da River, and Duong River for a clean water supply to all households.

Another objective is to have three to five urban districts by 2030. The plan emphasizes the importance of sustainable development, environmental protection, and cultural preservation in industrialization.

“It is crucial to enhance the efficient utilization of natural resources, protect the environment, and address climate change during the development process, with the cultural and human values of the Vietnamese people playing a central role in the industrialization process,” stated the plan.