Hanoi’s Gross Regional Domestic Product (GRDP) reached 87.504 trillion VND (43 billion USD) in 2012, an increase of 8.1 percent from last year, the municipal statistics department has announced.

Although the growth rate was lower than the city had expected and that of last year, it is still a praiseworthy achievement, especially in a time of economic difficulty.

The service sector recorded the highest growth with 9.3 percent, creating more than 45 trillion VND for the city and contributing 4.8 percent to the combined increase.

Meanwhile, the industry and construction sector rose by 7.7 percent from last year, with over 37.5 trillion VND in revenue and contributing 4 percent to the capital’s total growth.

Agriculture, forestry and aquaculture saw a slight increase of 0.4 percent to reach 6.761 trillion VND, according to head of the Hanoi Statistics Department Cong Xuan Mui. -VNA