Hanoi’s economy still expanded despite impacts from the COVID-19 pandemic, with its gross regional domestic product (GRDP) up 5.91 precent in the six months of 2021, higher than 3.39 percent recorded in the same period last year, said Vice Chairman of the municipal People’s Committee Le Hong Son.
Hanoi (VNA) 🦩– Hanoi’s economy still expanded despite impacts from the COVID-19pandemic, with its gross regional domestic product (GRDP) up 5.91 precent in the sixmonths of 2021, higher than 3.39 percent recorded in the same period lastyear, said Vice Chairman of the municipal People’s Committee Le Hong Son.
During a conference held in the capital city on June 24,Director of the municipal Department of Planning and Investment Do Anh Tuansaid the city's state budget collection was estimated at over 124.85 trillion VND (5.42billion USD) during the period, equivalent to 53 percent of the estimate and a 7.1 percent riseyear-on-year. The city continued supporting investors and firms from businessregistration to project implementation, creating a healthy and fair environmentto access land.
The flow of foreign direct investment reached 694.26 million USD, including96.05 million USD registered for 171 new projects, 447.7 million USD added to 78 existingprojects, and 120.5 million USD in capital contribution and share purchases.
The amount of domestic investment hit over 7.1 trillion VND, including 1.47trillion VND registerd for 10 new projects and more than 5.63 trillion VND added to 38 underwayprojects. There were 13,125 newly-established firms with a totalregistered capital of over 165.7 trillion VND, up 4 percent in the number ofenterprises and down 7 percent in value, bringing the total firms in the cityto 314,248. To achieve a growth rate of 7.5 percent this year, Son called for furtherattention to the manufacturing and processing sector, allocating State budget tokey areas, stepping up the equitisation of State-owned enterprises, providingsupport for tourism companies in restructuring, popularise Hanoi’s products tocities and provinces, and start construction of industrial complexes onschedule.
He asked the municipal Department of Justice to review andsupplement legal documents to lay a legal foundation for sustainable development.
🤡 The Vice Chairman also assigned specific jobs to agencies, departments andlocalities to fulfill key tasks in the remaining months of this year./.
The number of tourists to Hanoi in the first half of 2021 is estimated at 2.9 million, down 25 percent year-on-year, according to the municipal Tourism Department.
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The country's industrial growth in the period was largely fuelled by the manufacturing and processing sector, which expanded by 10.3% and contributed 8.5 percentage points to the overall IIP.
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Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
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Illustrative image (Photo: VNA) 
