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Hanoi makes most of advantages to grow further

Hanoi is on its way of renewal and has numerous major orientations to grow further, especially with the Politburo’s issuance of Resolution No.15 guiding the development of the Hanoi Capital Region until 2030 with a vision towards 2045.
Hanoi makes most of advantages to grow further ảnh 1A corner of Hanoi (Photo: VNA)
Hanoi (VNA) – Hanoi is on its way of renewal and has numerous majororientations to grow further, especially with the Politburo’s issuance of ResolutionNo.15 guiding the development of the Hanoi Capital Region until 2030 with avision towards 2045.

Immediatelyafter the COVID-19 pandemic was put under control, the city reopened itsbusiness and tourism activities, restaurants and hotels in the "newnormal" state, Vice Chairman of the municipal People’s Committee Ha Minh Hai told the Vietnam News Agency.

It has carried out many specific policies, especially tosupport people in difficult times, and for production and business.

Particularly in the first nine months of 2022, the city providedassistance for over 420,200 workers of 13,971 enterprises with an amount ofover 220 billion VND (9.03 million USD); applied tax and fee exemption andreduction for 61,121 enterprises and business establishments with a totalamount of 11.14 trillion VND, and extended tax and land rent payment for 17,824units with a combined amount of 6.24 trillion VND.

According to the city leader, after two years implementing theResolution of the 17th municipal Party Congress, with the directionsof the municipal Party Committee, and the drastic implementation of concertedmeasures, production and business activities in the city have recoveredquickly.

In the first nine months of this year, the capital city’sgross regional domestic product (GRDP) hit 9.69% - the highest in recent years.Major economic balances have been ensured. Budget revenue reached 244 trillionVND, up 12.7% year-on-year, equal to 78.3% of the yearly estimate. Meanwhile,budget spending was equivalent to 45.4% of the yearly estimate, up 8.7%year-on-year.

In the period, Hanoi welcomed 1.7 million tourist arrivals,a 2.2-fold increase compared to that of the same period last year. The city’score inflation was put under control, and consumer price index (CPI) reached3.49%.

Hai said that the Politburo’s issuance of Resolution No.15created an important premise for the capital city to build a developmentstrategy in the following years.

Under the resolution, Hanoi will be transformed into aglobally-connected city and a regional economic hub by 2045, with high livingconditions and comprehensive growth.

The capital city is designated to become a centre anddevelopment for the Red River Delta and a key economic region of the north,with high regional and international competitiveness by 2030.

Gross Regional Domestic Product (GRDP) growth during the2026-2030 periods is set to increase to 8% - 8.5% and the GRDP per capita isexpected to reach 12,000 USD - 13,000 USD. The figure is projected to grow to 36,000USD by 2045.

To fulfil these targets, the resolution puts forwards somekey tasks and solutions, including continuing to raise awareness of thesignificant position, role and importance of the capital city; and developingthe capital's economy rapidly and sustainably based on restructuring theeconomy in connection with renewing growth models and mobilising effectivelyall resources.

It is also necessary to strongly develop the city's cultureand encourage polite and civilised Hanoians, in line with the city's role as acentre of education and training, science and technology and healthcare; andensuring social security, and social welfare and improvement of the livingquality of citizens.

Other tasks include improving the quality of planning andpromoting the construction of infrastructure, urban development and management.Furthermore, effectively using natural resources and protecting the environmentare key.

They also include ensuring national defence, security,social order and safety in all situations and promoting diplomacy, internationalintegration and development cooperation to raise the position and prestige ofthe capital city. The building and rectification of the Party and the politicalsystem must be increased for transparency and a stronger Party and politicalsystem; and legal systems must be completed in the capital with appropriatemechanisms and policies to meet the development requirements of the city in thenew period./.
VNA

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