Business

Hanoi posts export growth of 4.5 percent in H1

Hanoi earned 7.16 billion USD from exports in the first half of 2021, up 4.5 percent year on year, the municipal Statistics Office estimated.
Hanoi posts export growth of 4.5 percent in H1 ảnh 1Hanoi exported 7.16 billion USD worth of goods between January and June (Photo: VNA)
Hanoi (VNA) – Hanoiearned 7.16 billion USD from exports in the first half of 2021, up 4.5 percentyear on year, the municipal Statistics Office estimated.

Some commodities with good exportgrowth include mobile phones and parts (177 million USD, doubling the figure inthe same period of 2020), footwear (176 million USD, up 47.7 percent), timberand wood products (313 million USD, up 22.3 percent), and machinery and spareparts (885 million USD, up 16.8 percent).

Overseas shipments in thesecond quarter stood at 3.78 billion USD, rising 11.7 percent from Q1 and 2percent from a year earlier.

During the first six months,the city’s gross regional domestic product (GRDP) grew 5.91 percent from a yearearlier, the office noted, adding that the agro-forestry-fishery sector rose3.09 percent, industry and construction 7.74 percent, and services 5.74 percent.

The GRDP rose 5.17 percent inQ1 and 6.61 percent in Q2.

Office Director Dau Ngoc Hungsaid the six-month economic growth is faster than the 2.92-percent pacerecorded in H1 of 2020 but still slower than that in the same period ofprevious years.

The COVID-19 pandemic hasnegatively impacted production and business activities, with tourism, hotels,restaurants, and entertainment services hit hardest, he noted.

However, the industrialsector has continued recovering. The index of industrial production went up 9.7percent year on year in Q2 and 8.7 percent during January - June, data show.

Meanwhile, Hanoi attracted694.3 million USD of foreign direct investment in H1, including 96.1 millionUSD poured into 171 new projects, 477.7 million USD added to 78 existingprojects, and 120.5 million USD spent on contributing capital or buying sharesof local enterprises.

The June consumer price index(CPI) inched up 0.2 percent from the previous month, 1.41 percent from lastDecember, and 1.98 percent year on year. The six-month index increased 1.14percent from the same period of 2020, the Statistics Office reported./.
VNA
#Hanoi #export growth #Hanoi's exports #gross regional domestic product #GRDP #Hanoi's economy #economic growth #foreign direct investment #consumer price index #updated Vietnam news #Vietnamplus #Vietnam News Agency Ha Noi
Follow VietnamPlus

Related News

Hanoi takes action to raise PCI ranking

Hanoi takes action to raise PCI ranking

The Hanoi People’s Committee recently issued a directive on improving the city’s Provincial Competitiveness Index (PCI) in 2021, given the fact that many of its sub-indexes have tended towards decline even though its overall position in the national rankings has remained unchanged in recent years.
Hanoi builds plans for mass vaccination

Hanoi builds plans for mass vaccination

Localities in Hanoi have been directed to build plans for upcoming large-scale vaccination campaigns so that they can take place on schedule in a safe and effective manner.

See more

The upcoming Made-in-Vietnam fair in Hanoi from December 18-22 will feature product display areas, business networking spaces, and food courts. Illustrative photo: VNA)

Vietnam Brand Week to promote e-commerce, Made-in-Vietnam products

Co-organised by the Vietnam E-Commerce and Digital Economy Agency and the Hanoi Department of Industry and Trade, the event series includes a supply-demand connectivity conference to promote the consumption of Vietnamese and local products on e-commerce and digital platforms, alongside a Made-in-Vietnam fair.

Cat Lo Fishing Port in Phuoc Thang ward, Ho Chi Minh City. (Photo: VNA)

HCM City earmarks over 2.54 million USD for fisheries transition

The project targets the conversion of around 6% of the city’s fishing fleet, focusing on nearshore and inshore vessels and part of the offshore trawler fleet, towards fishing methods with lower environmental impact, including hook-and-line, gillnets, purse seines, traps and cages, as well as fisheries logistics services.

LS Eco Energy factory (Photo: Iscns.co.kr)

RoK company expands rare earth metal production in Vietnam

LS Eco Energy, a company specialising in renewable energy and rare earth elements under the Republic of Korea (RoK)'s LS Cable & System, has approved a plan to expand its rare earth metal business in Vietnam, in a bid to seek long-term growth in the strategic materials sector.

Prime Minister Pham Minh Chinh speaks at the fourth meeting of the Central Steering Committee for Housing Policy and Real Estate Market on December 17. (Photo: VNA)

PM calls for stronger efforts to meet housing demand, ensure people's right to housing

PM Chinh noted that the real estate and housing market showed positive changes in 2025. With the engagement of the entire political system and society, Vietnam completed the elimination of temporary and dilapidated housing nationwide with more than 334,000 units, five years ahead of schedule. Nonetheless, continued efforts are needed to ensure no one is left without shelter.

Officers of the Hon Gai port border gate guard station coordinate inspections and handle vessels engaged in illegal fishing activities in Ha Long Bay. (Photo: Quang Ninh Newspaper)

Quang Ninh province strengthens fishing vessel controls

In the coming period, Quang Ninh will continue to implement government and ministerial directives on combating IUU fishing, contributing to efforts to meet the EC’s recommendations and move toward the lifting of the yellow card warning against Vietnam’s seafood exports.

The draft is designed to implement a plan to simplify business regulations for banks, in line with the Government's Resolution No. 66/NQ-CP. (Photo: VNA)

SBV plans to simplify business regulations for banks

Under a draft circular to replace Circular 32/2024/TT-NHNN, now open for public comment, many administrative procedures for establishing and relocating commercial bank branches and transaction offices will be significantly shortened.

Illustrative image (Photo: VNA)

Vietnam consolidates position as one of Asia’s economic bright spots

Next year, Vietnam is expected not only to maintain a high growth rate relative to the region but also to further reinforce its status as one of Asia’s economic bright spots thanks to macroeconomic stability, a dynamic domestic market, and a clear orientation towards attracting strategic investments.

Many vessels have installed additional vessel monitoring systems to ensure uninterrupted information connectivity with shore-based stations during fishing trips. (Photo: VNA)

Decisive moment of fight against IUU fishing violations

Under the close direction of the Prime Minister, coastal localities nationwide, particularly in central Vietnam, are urgently implementing assigned tasks with clear schedules and milestones, delivering tangible weekly progress.