Hanoi's economic growth on the rise
Positive economic results are thanks to the city’s strong pushes amid the Covid-19 pandemic.
Positive economic results are thanks to the city’s strong pushes amid the Covid-19 pandemic.
Local authorities should enhance supervision activities of market situation for timely intervention, which is in line with market-based principles and the goal of stabilizing macro-economic conditions.
In the process of economic development, Vietnam must focus on enhancing the growth quality and push for economic restructuring, Prime Minister Nguyen Xuan Phuc has said.
In 2020, the city has achieved or surpassed 16 out of 22 major socio-economic development targets.
Innovation, science and technologies will serve as major pillars to spur Hanoi’s development in the future, Hanoi’s Mayor Chu Ngoc Anh has said.
A GRDP growth target of 7.5% for next year will translate into an income per capita of VND135 million (US$5,800), significantly higher than the national average of US$3,700 for a growth forecast of 6%.
Hanoi has achieved significant results as the city continues to pursue the dual target of both containing the pandemic and boosting economic recovery, the Hanoi’s mayor has said.
While Vietnam continues to pursue the dual target of containing the pandemic and boosting economic recovery, protecting people’s lives remain the government’s utmost priority, Prime Minister Nguyen Xuan Phuc has said.
To ensure the dual target of containing the pandemic and simultaneously boosting economic growth, Hanoi remains steadfast in disbursing 100% of the target amount of public funds.