Business

Hanoi economy sees comprehensive development

The Hanoi economy is picking up steam in almost areas with its gross domestic product for this year estimated at 8.8 percent, still within the target of 8.5-9 percent.
The Hanoi economy is picking up steam in almost areas with its grossdomestic product for this year estimated at 8.8 percent, still withinthe target of 8.5-9 percent.

Vice Chairman of the municipalPeople’s Committee Vu Hong Khanh told the 11th session of the HanoiPeople’s Council in the capital city on December 2 that revenue to theState budget is forecast to reach over 128.9 trillion VND (6.1 billionUSD) this year, or 102.1 percent of the original goal while expenditureis expected to cost more than 51.1 trillion VND (2.4 billion USD).

Addressing the event, Secretary of the municipal Party Committee PhamQuang Nghi pointed out shortcomings in personnel and environmentmanagement, and asked for clearing obstacles facing enterprises anddealing with complaints at the grass-root level.

Participants also reflected on the city’s 2014 socio-economicperformance, national defence-security and development orientations for2015.

Concluding the session, Nguyen Thi Kim Ngan, NationalAssembly Vice Chairwoman, asked Hanoi to step up the pace ofadministrative reform and listen to thoughts and aspirations of itslocal community.-VNA
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