Hanoi has recorded robust economic performance in the first half of 2016, with its gross regional domestic product (GRDP) gaining 7.3 percent, said the municipal People’s Committee.
Hanoi (VNA) ও– Hanoi has recorded robust economic performance in the first half of 2016, with its gross regional domestic product (GRDP) gaining 7.3 percent, said the municipal People’s Committee.
The capital’s agro-fishery sector grew 2.1 percent year-on-year in the period. However, unfavorable weather conditions inflicted crop cultivation, making the sector’s value added yet to fulfill its quota.
The industry and construction sector secured an annual growth of 7.8 percent, with investments poured into local industrial parks soaring 4.2 times. Sub-industries producing food, apparel and pharmaceuticals gained momentum, in contrast to timber processing and chemical production.
The service sector grew 7.5 percent. Hanoi welcomed six million tourists in the six-month period, up 9.4 percent year on year. Of the total, 1.5 million were foreigners, mostly from China, the Republic of Korea, Thailand and France.
Meanwhile, development projects in the city got 140 trillion VND (6.3 billion USD) in capital, which saw State funds reducing and foreign investment rising three-fold. Hanoi attracted almost 72 trillion VND (3.24 billion USD) worth of foreign direct investment.
There were 11,000 companies established in the first half of the year, registering a total investment of more than 92 trillion VND (4.14 billion USD), an annual surge of 52 percent.
Hanoi is now calling for further investment in urban infrastructure development, particularly in green spaces and social housing. The hub is also prioritising high-tech application in heath, energy and agriculture.-VNA
Hanoi will create all favourable conditions and support policies for better links between producers and traders to bring safe farm products to consumers.
Hanoi drew 1.6 billion USD in newly-registered and additional capital from foreign direct investment (FDI) projects in the first five months of this year.
Hanoi will create favourable conditions and support policies for better links between producers and traders in order to bring safe farm products to consumers.
The consumer price index (CPI) in Hanoi continued to go up in June, the sixth consecutive month of growth, the municipal Statistics Office (GSO) reported on May 22.
VietnamUSA.Arobid.com is Vietnam’s first B2B e-commerce platform dedicated to helping Vietnamese enterprises access the US market, a vast and promising market, yet one that is highly demanding in terms of standards, tariffs, and distribution channels.
The Vietnamese booth featured fresh durian, durian ice cream, durian cakes, and other fruits such as dragon fruit and passion fruit, attracting strong interest from Beijing residents and ASEAN diplomats.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
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.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A street in Hanoi (Photo: hanoimoi.com)
