Hanoi Grdp

The amended law allows for breakthrough mechanisms, preferential policies, and strong investment support for social housing projects.

This session assesses socio-economic, security, and defense tasks, budget revenues and expenditures for the first half of 2024, and setting priorities for the latter half of the year.

Hanoi strives to achieve a per capita GRPD of VND160.8-162 million ($6,626-6,676) in 2024.

In the first eight months of 2023, Hanoi lured in $2.34 billion in FDI, securing a prominent position among the nation's leaders in this regard.

Today, the city has a new urban space and a renewed profile, thanks to numerous modern and civilized urban works.

This goal poses significant challenges and requires the determination and active participation of the entire local apparatus.

A new cooperation agreement between Hanoi and Havana will be signed this year.

Priorities for Hanoi in 2023 include the execution of major transport projects, carrying out a decentralization scheme within the state apparatus, and allocating funds for investment in culture, health and education.

The city expects to continue building up its economic resilience and adaptability against external shocks to ensure the economic growth of 7% in 2023.

Digitalization will stay central in Hanoi’s efforts for socio-economic development next year.