Hanoi has nearly 10,000 new enterprises in five months hinh anh 1Illustrative Image (Source: VNA)
Hanoi (VNA) –  Up to 9,725 new enterprises have been established in Hanoi during the first five months of this year, with a total registered capital of 73.4 trillion VND (3.23 billion USD), year-on-year rises of 13 percent and 5 percent, respectively.

The figures were revealed during a meeting between Chairman of the Hanoi People’s Committee Nguyen Duc Chung and leaders of municipal departments on May 29, where they discussed the city’s socio-economic performance in May and the first five months of 2017.

In May, the city’s production and business environment remained stable. Total budget collection reached 81.24 trillion VND (3.57 billion USD), up 13.2 percent year on year.

Hanoi launched 123 public-private partnership (PPP) projects with a total investment of 307.8 trillion VND (13.53 billion USD).

Meanwhile, 718.9 million USD in foreign direct investment (FDI) was poured into the city, making up 23.9 percent of the city’s annual target.

Addressing the meeting, Chung pointed to some targets that the city has failed to reach and urged for drastic measures for the rest of the year to hit these goals.

He stressed the responsibility of municipal departments’ leaders for failure to complete the targets.

Regarding administrative reform, he asked departments to be ready to send a working group gathering their representatives to the one-stop section in the city People’s Committee headquarters to deal with administrative procedures from June 1.

The city’s leader also requested agencies to exert more efforts to tackle the illegal occupation of pavements and littering, and ensure power supply and design drainage plans for the summer.

Municipal authorities should also finalise preparations for high school graduation and university entrance exams slated for early July.-VNA