The capital city has recorded economic expansion of 3.94 percent this year amid the COVID-19 pandemic, and it is expecting to regain momentum to secure growth of around 7.5 percent in 2021.
The 15th-tenure Hanoi People’s Council opened its 18th session on December 7, with development directions for the next five years among items high on the agenda.
The capital city has recorded economic expansion of 3.94 percent this year amid the COVID-19 pandemic, and it is expecting to regain momentum to secure growth of around 7.5 percent in 2021.
Despite the impact of the COVID-19 pandemic, Hanoi has maintained its economic growth, with gross regional domestic product (GRPD) expanding around 3.98 percent this year, 1.5 times higher than the national average, the city's mayor said on December 8.