70th anniversary of Hanoi's Liberation Day Vietnam - Asia 2023 Smart City Summit Hanoi celebrates 15 years of administrative boundary adjustment 12th Vietnam-France decentrialized cooperation conference 31st Sea Games - Vietnam 2021 Covid-19 Pandemic
Home / Hanoinews
Hanoi pushes for GRDP growth of 4.54% in 2021: Mayor
Nguyen Tung - Cong Tho 20:55, 2021/09/23
Hanoi is committed to constantly improving the business/investment environment to attract investment capital into the city.

While the Covid-19 fight remains a priority for Hanoi, the city would push for a gross regional domestic product (GRDP) growth of around 6.98% for the fourth quarter, and eventually 4.54% for the whole year.

 Chairman of the Hanoi People's Committee Chu Ngoc Anh. Photos: Thanh Hai

Chairman of the Hanoi People’s Committee Chu Ngoc Anh stressed the view in a hearing held by the 16th municipal People’s Council during its second session today [September 23].

According to the mayor, despite the serious Covid-19 situation, Hanoi’s GRDP growth in the second quarter was estimated at 6.61%, higher than the 5.17% growth attained in the previous one. This resulted in the economic growth of 5.91% for the six-month period, above the national average rate of 5.64%.

During the first eight months of 2021, state budget revenue stood at VND164.4 trillion ($7.2 billion), or 70% of the year’s estimate and up 10.3% year-on-year. Other key economic indicators included industrial production expansion by 6.3% year-on-year and exports of $9.7 billion, in which export turnover of phones and parts of  $235 million, up 67.8%.

 Deputies of the municipal People's Council at the session.

Anh added the business environment has been improved with foreign direct investment (FDI) during the January-August period of $841.8 million, and total investment capital of VND164.4 trillion ($7.2 billion), an 8.4% increase.

For the third consecutive year, Hanoi continues to stay in the top ten most business-friendly localities nationwide and ranked 9th out of 63 provinces/cities in the Provincial Competitiveness Index (PCI).

Anh said the city is determined to pursue the twin goal of both containing the pandemic and boosting economic recovery.

“Hanoi is committed to constantly improving the business/investment environment to attract investment capital into the city, along with faster disbursement of public funds and higher agricultural production,” Anh added.

Regarding the Covid-19 situation, Anh said the city has put the outbreak under control with around 420,000-550,000 vaccine doses administered per day. As of September 20, Hanoi has given jabs to over 6.3 million people aged 18 and above.

The city is scheduled to complete administering people with the second dose by November while looking for vaccine supplies for children, Anh noted.

Among solutions for long-term development, the city is expected to finalize the master plan for the 2021-2030 period, with a vision to 2050.

“The city is set to soon announce the action programs to realize the 5-year socio-economic plan or the mid-term public investment plan,” he said.

RELATED NEWS
TAG: Hanoi GRDP mayor Covid-19 pandemic business environment
Other news
16:30, 2024/04/22
Hanoi tourism sector struggles with rising airfares
Amid high airfares, tour operators in Hanoi are now looking to explore the northern market.
08:55, 2024/04/22
Hanoi steps up effort to address air pollution
Experts have said that air pollution has had an incalculable impact on public health and the economy, with cases of cardiovascular and respiratory illnesses increasing yearly.
19:43, 2024/04/21
Vietnamese landscape in the 1930s through Ukrainian photographer's lens
The exhibition takes viewers back in time, to moments in the life, landscape, and people of Vietnam in the period 1930-1940.
18:12, 2024/04/21
Temple of Literature multimedia books released
The electronic bookshelf also contains books in Vietnamese and English on the historical, cultural, architectural, fine arts, and landscape values of the Temple of Literature, known as Vietnam's first university.
05:37, 2024/04/21
2,000-year-old bronze drums on display at Hanoi Museum
Visitors to the exhibition seem to hear 'echoes' of the Dong Son culture of thousands of years ago through the 100 documents and artefacts on display.
21:47, 2024/04/20
Hanoi celebrates 1,085th anniversary of ancient Co Loa capital
This is an opportunity for the present generation to express gratitude to the ancestors who fought and sacrificed for the independence and freedom of the nation.