Government launches action plan on Hanoi development

The Government has issued an action plan for implementing the Politburo’s Resolution No 15-NQ/TW on orientations and tasks for the development of Hanoi by 2030, with a vision to 2045.

Government launches action plan on Hanoi development hinh anh 1

An aerial view of Hanoi (Source: congthuong.vn)

The Government has issued an action plan for implementing the Politburo’s Resolution No 15-NQ/TW on orientations and tasks for the development of Hanoi by 2030, with a vision to 2045.

Under this action plan, the capital city will work to become the centre and development momentum for the Red River Delta as well as the northern key economic region.

The city is expected to extensively and intensively integrate into the world, have high competitiveness compared to others in the region and the world, and boast a development level comparable to that of capital cities of developed countries in the region and the world.

The resolution targets average annual growth in gross regional domestic product (GRDP) for Hanoi at about 7.5 - 8% during 2021 - 2025, and 8 - 8.5% during 2026 - 2030. Per capita GRDP is aimed at 8,300 - 8,500 USD by 2025 and 12,000 - 13,000 USD by 2030.

While the processing and manufacturing industry is targeted to account for some 17% of GRDP by 2025 and 20% by 2030, the share of the digital economy is hoped to reach about 30% and 40%, respectively.

Government launches action plan on Hanoi development hinh anh 2

A section of Ring Road No. 3 in Hanoi (Photo: VNA)

In its resolution, the Politburo expected that by 2045, Hanoi will establish itself as a globally-connected city with high quality of life. The city has targeted a per capita GRDP of over 36,000 USD, along with comprehensive and harmonious development of economic, cultural, and social aspects that are representative of Vietnam.

To achieve those targets, the Government’s action plan assigned certain tasks to ministries, ministry-level agencies, those subordinate to the Government, and the Hanoi People’s Committee.

The Government asked the capital to actively cooperate with provinces and cities nationwide, especially the other two in the Hanoi - Hai Phong - Quang Ninh development triangle, in order to tap into one another’s potential and advantages.

It also requested other localities, particularly those in the northern key economic region, the Red River Delta, the Capital Region, the northern midland and mountainous region, and the north-central region, to enhance connections across the board with Hanoi for common development./.

Source: VNA
en.vietnamplus.vn

Related News

Five key northern local customs departments signed an emulation agreement

Five key northern local customs departments signed an emulation agreement

VCN - Five local customs departments belonging to Emulation Cluster No. 3 of the General Department of Vietnam Customs (including Hai Phong Customs Department, Hanoi Customs Department, Quang Ninh Customs Department, Bac Ninh Customs Department and Ha Nam Ninh Customs Department) signed an emulation agreement, striving to complete assigned tasks.
The Government plans to borrow maximum of VND676,057 billion and repay debt of VND453,990 billion in 2024

The Government plans to borrow maximum of VND676,057 billion and repay debt of VND453,990 billion in 2024

VCN – The Loan and Public debt payment plan in 2024 and the 3-year public debt management program for 2024 - 2026 have been approved by Deputy Prime Minister Le Minh Khai in Decision No. 260/QD-TTg.
Personal Income Tax Law to be amended in 2025

Personal Income Tax Law to be amended in 2025

VCN - On March 29, answering questions from the press at the Ministry of Finance's regular press conference for the first quarter of 2024, the leader of the Department of Management and Supervision of Tax, Charges and Fees Policy (Ministry of Finance) said, continue to focus on drastically implementing solutions to support businesses that the National Assembly and the National Assembly Standing Committee have approved; At the same time, closely monitor the situation to research and advise competent authorities on appropriate solutions.
Good management of public debt creates room to implement expansionary fiscal policy

Good management of public debt creates room to implement expansionary fiscal policy

VCN - Public debt safety indicators continue to be strictly controlled in the safe limit. With a lower debt level than the current ceiling rate, and a favorable debt structure, Vietnam has a lot of room to implement expansionary fiscal policy to allocate loans for large projects as an economic growth engine.

Latest News

​​​​​​​VN needs drastic reforms to create firm ground for economic growth: experts

​​​​​​​VN needs drastic reforms to create firm ground for economic growth: experts

Việt Nam’s economy has a good start with a growth rate of 5.66 per cent in the first quarter of this year, the highest rate since 2020. However, whether the recovery is firm remains a question.
E-commerce contributes $7 million in taxes during 2022-23

E-commerce contributes $7 million in taxes during 2022-23

A number of solutions have been implemented to enhance the tax management on e-commerce, including the
Standard Chartered revises down Vietnam’s  GDP growth forecast in 2024 to 6%

Standard Chartered revises down Vietnam’s GDP growth forecast in 2024 to 6%

Standard Chartered Bank has lowered Vietnam’s GDP growth forecast in 2024 to 6% from the previous 6.7% due to lower-than-expected Q1 growth and global trade headwinds.
Investor confidence gains traction on improved business climate

Investor confidence gains traction on improved business climate

Better investment climate, with simplified administrative producers and special incentives, has helped improve investor confidence, thus catalysing investments from a wider pool of both domestic and international investors for socio-economic development.

More News

Vietnam

Vietnam's exports to Canada lead among CPTPP countries

VCN - Ms. Tran Thu Quynh, Commercial Counselor, Vietnam Trade Office in Canada shared with Customs Magazine about the picture of Vietnamese goods in Canada with a lot of potential that can be further exploited, and recommendations for businesses, along with activities deployed by the Trade Department to support businesses to conquer this attractive "billion dollar" market.
Many new regulations aim to drastically remove the IUU "Yellow Card"

Many new regulations aim to drastically remove the IUU "Yellow Card"

VCN - Many new regulations against illegal, unreported, unregulated (IUU) fishing have been issued to help Vietnam complete the legal framework and soon remove the IUU "Yellow Card" in 2024.
PM chairs meeting of national committee for digital transformation

PM chairs meeting of national committee for digital transformation

Prime Minister Pham Minh Chinh chaired the eighth meeting of the National Committee for Digital Transformation on April 24, which aims to assess digital transformation efforts and development of the digital economy in recent times and discuss tasks and solutions for accelerating the work in 2024.
Seize the golden opportunity as retail giants look for supplies in Vietnam

Seize the golden opportunity as retail giants look for supplies in Vietnam

VCN - The world's leading purchasing and retail corporations all plan to increase the purchasing of goods in Vietnam. However, Vietnamese businesses still need to improve many factors to be able to grasp this opportunity.
Government’s action programme cracks down on illegal fishing

Government’s action programme cracks down on illegal fishing

A raft of measures to deal with illegal, unreported and unregulated (IUU) fishing is included in the Government’s freshly issued action programme as the country is striving to clamp down on illegal fishing, or else it will be hit by the European Commission (EC)’s warning card.
PM calls on ASEAN to pen strategic development vision

PM calls on ASEAN to pen strategic development vision

The Association of Southeast Asian Nations (ASEAN) should have a strategic and comprehensive vision, and improve its resilience capacity to grasp opportunities and handle global headwinds for stable and sustainable development, Prime Minister Pham Minh Chinh said on April 23.
Forum to discuss new initiatives on ASEAN future vision: Deputy FM

Forum to discuss new initiatives on ASEAN future vision: Deputy FM

The ASEAN Future Forum 2024 (AFF 2024), which will take place in Hanoi on April 23, is expected to create a platform for stakeholders to contribute ideas and initiatives on the Association of Southeast Asian Nations (ASEAN)’s future vision, Vietnamese Deputy Minister of Foreign Affairs Do Hung Viet has said.
Investors play a key role in developing the industrial park system

Investors play a key role in developing the industrial park system

VCN - Dr. Phan Huu Thang, Chairman of the Executive Committee of the Vietnam Industrial Park Finance Association, former Director of the Foreign Investment Department (Ministry of Planning and Investment), said that basically, developing an industrial park successfully or not mainly depends on businesses, entrepreneurs - industrial park investors.
Green transformation and ESG practice to participate in the global competition

Green transformation and ESG practice to participate in the global competition

VCN - Vietnam is in a transition period from encouraging to mandating green and sustainable criteria so as not to fall behind or be excluded from the green transformation trend that is taking place strongly around the world.
Read More

Your care

Latest Most read
​​​​​​​VN needs drastic reforms to create firm ground for economic growth: experts

​​​​​​​VN needs drastic reforms to create firm ground for economic growth: experts

Việt Nam’s economy has a good start with a growth rate of 5.66 per cent in the first quarter of this year, the highest rate since 2020. However, whether the recovery is firm remains a question.
E-commerce contributes $7 million in taxes during 2022-23

E-commerce contributes $7 million in taxes during 2022-23

A number of solutions have been implemented to enhance the tax management on e-commerce, including the
Standard Chartered revises down Vietnam’s  GDP growth forecast in 2024 to 6%

Standard Chartered revises down Vietnam’s GDP growth forecast in 2024 to 6%

Standard Chartered Bank has lowered Vietnam’s GDP growth forecast in 2024 to 6% from the previous 6.7% due to lower-than-expected Q1 growth and global trade headwinds.
Investor confidence gains traction on improved business climate

Investor confidence gains traction on improved business climate

Better investment climate, with simplified administrative producers and special incentives, has helped improve investor confidence, thus catalysing investments from a wider pool of both domestic and international investors for socio-economic development.
Vietnam

Vietnam's exports to Canada lead among CPTPP countries

VCN - Ms. Tran Thu Quynh, Commercial Counselor, Vietnam Trade Office in Canada shared with Customs Magazine about the picture of Vietnamese goods in Canada with a lot of potential that can be further exploited, and recommendations for businesses, along wi
Mobile Version