Economic Growth

Between January and September, Hanoi's domestic companies earned a total of US$7.1 billion from exports, while FDI firms sold $6 billion worth of products to overseas markets.

Some VND55.5 trillion (US$2.35 billion) worth of financial aid has been allocated to boost the country’s socio-economic growth so far this year.

Vietnam's effective management, combined with continued progress in laying the foundations for sustained medium-term growth, provides sound reasons to be optimistic about economic prospects for 2022 and beyond.

The city should continue raising public awareness on the necessity of restriction measures to create a positive response from the society in the Covid-19 fight.

The private sector is expected to play a key role in driving the country forward in the upcoming decade.

Hanoi’s economic performance is dependent on its success in containing the Covid-19 pandemic.

The city remains firm on the 7.5% growth target in 2021.

During and after the pandemic, the digital economy should be at the center of economic policies for Vietnam in the post-pandemic period.

The capital city will prioritize banking, transportation, e-commerce, online advertisement and tourism for its 2021-26 digital economy.

Monetary policy should be maneuvered in a flexible and active manner to ensure sustainable growth and stability of both monetary and foreign-exchange markets, said the Party chief Nguyen Phu Trong.