Specifically, the value of the agriculture, fishery and forestry sector increases by 2.04%, contributing 0.04 percentage points to the GRDP rise.
Generally, “during the 2018’s first quarter, the livestock sector gets stable with increasing pork’s price while dangerous infection diseases are hardly found in flocks and common diseases are limited”, according to Hanoi’s Statistic Bureau.
The industrial and construction industry posted strong growth, rising by 7.24% against the same period last year. Among those the industrial sector rises 7.12%, adding 1.05 percentage point to the mutual increase.
Construction enterprises hold the development momentum. Despite modest number of newly-built buildings, investors and contractors focuses to finalize on-going projects since the early year.
Meanwhile, rising value of the service sector hits 7.05% against the first quarter of 2017 (contributing 5.1% to the GRDP rise). Some major sector with large proportion in the GRPD remain the stable growth, such as: retail, wholesale, repair of car, motorbike and engine-vehicles (up by 8.23%, contributing 1.51 percentage point to the mutual rise); accommodation and food service (up by 7.54%); information and communication (up by 8.17%); finance, banking and insurance (up by 7.88%), science, state management, education, healthcare hold stable growth.
Hanoi aims to reach GRDP target at 7.3-7.8% in 2018. The city expects to have over 50,000 newly established enterprises in 2018 (including business households which are transformed into enterprises). Along with this target, Hanoi expect the service’s growth of 6.9-7.5%; while that of industry and construction at 8.2%-8.7%; export turnover at 7.5-8%.
In 2017, Hanoi reached GRDP at 8,5%, according to Hanoi’s Statistics Bureau. The city’s 2018 target is actually the same to its 2017 figures, but is revised under the new methodology, which is stated in its 2018 economic plan report.
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Generally, “during the 2018’s first quarter, the livestock sector gets stable with increasing pork’s price while dangerous infection diseases are hardly found in flocks and common diseases are limited”, according to Hanoi’s Statistic Bureau.
The industrial and construction industry posted strong growth, rising by 7.24% against the same period last year. Among those the industrial sector rises 7.12%, adding 1.05 percentage point to the mutual increase.
Construction enterprises hold the development momentum. Despite modest number of newly-built buildings, investors and contractors focuses to finalize on-going projects since the early year.
Meanwhile, rising value of the service sector hits 7.05% against the first quarter of 2017 (contributing 5.1% to the GRDP rise). Some major sector with large proportion in the GRPD remain the stable growth, such as: retail, wholesale, repair of car, motorbike and engine-vehicles (up by 8.23%, contributing 1.51 percentage point to the mutual rise); accommodation and food service (up by 7.54%); information and communication (up by 8.17%); finance, banking and insurance (up by 7.88%), science, state management, education, healthcare hold stable growth.
Hanoi aims to reach GRDP target at 7.3-7.8% in 2018. The city expects to have over 50,000 newly established enterprises in 2018 (including business households which are transformed into enterprises). Along with this target, Hanoi expect the service’s growth of 6.9-7.5%; while that of industry and construction at 8.2%-8.7%; export turnover at 7.5-8%.
In 2017, Hanoi reached GRDP at 8,5%, according to Hanoi’s Statistics Bureau. The city’s 2018 target is actually the same to its 2017 figures, but is revised under the new methodology, which is stated in its 2018 economic plan report.
