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 fro🦋m the COVID-19pandemic, with its gross regional domestic product (GRDP) up 5.91 precent in the sixmonths of 2021, higher than 3.39 per💯cent 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, depart🌠ments 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 event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Illustrative image (Photo: VNA) 
