Hanoi strives for 8.5-9% GDP growth in 2016

20:03 | 10/10/2016 Headlines Follow english.haiquanonline.com.vn on

Hanoi is doing all-out to achieve the set GDP growth goal of 8.5-9% in 2016, affirmed Secretary of the Hanoi Party Committee Hoang Trung Hai at the committee meeting on October 6.

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Hanoi strives for 8.5-9% GDP growth in 2016.

The city recorded a GDP growth of 7.73% in the first three quarters and will need to post a growth rate of 10.5% in the fourth and last quarter to realise the goal, which is expected to be the highest in the recent six years.

In the past nine months, the city fulfilled 71.6% of budget collection with 121.3 trillion VND (5.48 billion VND). It earned 46.36 trillion VND from tourism (2.08 billion USD), a rise of 17% year on year. It has 11 more communes recognised as new-style rural areas.

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In the last three months, the city will continue removing difficulties for businesses, tackling hindrances to State budget invested construction project, stimulating trade, promoting investment, trade and tourism inside and outside the country, and seeking more export contracts, stated Hai.

Source: Vietnam News

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Hanoi GDP growth Secretary Hanoi Party Committee Hoang Trung Hai committee budget

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