Hanoi strives for 8.5-9 percent GDP growth in 2016
Hanoi is doing all-out to achieve the set GDP growth goal of 8.5-9 percent in 2016, affirmed Secretary of the Hanoi Party Committee Hoang Trung Hai at the committee meeting on October 6.
Hanoi (VNA) – Hanoi is doing all-out to achieve the set GDP growth goal of 8.5-9 percent in 2016, affirmed Secretary of the Hanoi Party Committee Hoan🌠g Trung Hai at the committee meeting on October 6.
The city recorded a GDP growth of 7.73 percent in the first three quarters and will need to post a growth rate of 10.5 percent 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 percent 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 percent year on year. It has 11 more communes recognised as new-style rural areas.
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.-VNA
The Hanoi People's Committee has predicted that the city’s economy in the fourth quarter could grow by 8.9-9 percent and rise to 8.1-8.2 percent for the entire year, fulfilling the yearly target.
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Illuatrative image (Source: Internet)
