Hanoi set ambitious growth targets for link bet88 2026 - 2030 period

link bet88 17th Party Committee of link bet88 Capital City of Hanoi convened its 21st session on January 21 to discuss several key matters, including link bet88 second draft of link bet88 Political Report to be presented at link bet88 18th Congress of link bet88 municipal Party Organization, for link bet88 2025-2030 term.

Presenting link bet88 draft report, Mr. Nguyen Doan Toan, Head of link bet88 Department for Information and Education of link bet88 Hanoi Party Committee, emphasized that with link bet88 key strategic solutions outlined for link bet88 2025-2030 period, link bet88 city’s Party Committee is determined to implement measures that accelerate development.

According to link bet88 draft report presented at link bet88 session, link bet88 Party Committee has proposed two economic growth scenarios for link bet88 2025-2030 period.

Under link bet88 first scenario, link bet88 average annual growth rate of link bet88 city’s gross regional domestic product (GRDP) is projected to reach 8.0-8.5 per cent, aligning with targets set in Resolution 15-NQ/TW of link bet88 Politburo on “Orientations and tasks for link bet88 development of link bet88 Hanoi Capital towards 2030, with a vision to 2045.”

Accordingly, link bet88 GRDP per capita would range from VND260-266 million (approximately ,000). link bet88 total investment capital to be implemented during this period is expected to range from VND4.26-4.4 quadrillion (8.98 - 174.53 billion), with annual labor productivity growth averaging 6-6.5 per cent and link bet88 agricultural sector’s share in GRDP falling below 1.5 per cent.

Meanwhile, link bet88 second scenario aims for a higher average annual GRDP growth rate of 10.5-11 per cent. In this case, link bet88 GRDP per capita would rise to VND 291-298 million (approximately ,500). link bet88 total investment capital to be realized during this period would reach VND 4.86-5 quadrillion (2.78 - 198.33 billion), with annual labor productivity increasing by 8.5-9 per cent and link bet88 agricultural sector’s share in GRDP dropping below 1.3 per cent.

To achieve these economic growth goals, link bet88 city plans to prioritize link bet88 disbursement of public investment funds early in 2025, adopting a strategy of using public investment to lead and attract private investment, promoting public-private partnerships, stimulating consumption, and boosting production. Efforts will also focus on developing tourism in a professional, high-quality, and modern manner, coupled with enhanced promotion to attract both international and domestic visitors.

Hanoi also aims to advance science, technology, innovation, and digital transformation—identifying these as critical breakthroughs and link bet88 primary drivers for rapidly developing modern productive forces. Comprehensive digitization will be pursued across State management activities, fostering link bet88 growth of digital government, digital economy, digital society, and digital citizens.

Hanoi will also encourage link bet88 establishment of more advanced, specialized manufacturing and processing industries, aligning with stable and sustainable development, by 2030. link bet88 city aims to rank among link bet88 nation’s leaders in science development, technology transfer, and high-tech applications within its industrial sectors.

Efforts will be directed toward reducing dependence on assembly and outsourcing, shifting focus to creating "Made in Vietnam" products which are designed and manufactured domestically, thereby positioning Hanoi as a key player in link bet88 process of Vietnam’s industrial development.