Hanoi sets ambitious growth targets for 2025-2030

Hanoi has set a goal of achieving an annual growth rate of 10.5-11% during the 2025-2030 period, focusing on bolstering traditional economic drivers while implementing innovative solutions to promote new ones.

The 21st conference of the 17th Hanoi Party Committee on January 21 (Photo: VNA)
The 21st conference of the 17th Hanoi Party Committee on January 21 (Photo: VNA)

Hanoi (VNA) – Hanoi has set a goal of achieving an annual growth rate of 10.5-11% during the 2025-2030 period, focusing on bolstering traditional economic drivers while implementing innovative solutions to promote new ones.

At the 21st conference of the 17th Hanoi Party Committee on January 21, city officials presented a draft political report outlining their plans to accelerate public investment disbursement starting in 2025. This strategy is designed to leverage public funding to attract private and social investments, foster public-private partnerships, and stimulate both consumption and production.

Hanoi also plans to develop its tourism sector in a more professional and modern way, aiming to increase its global appeal and attract both domestic and international visitors.

Additionally, the capital city intends to prioritise advancements in scientific and technological development, innovation, and digital transformation. These areas are expected to serve as key drivers for modernising production forces, advancing digital governance, and promoting the digital government, digital economy, digital society, and digital citizenship.

By 2030, Hanoi envisions establishing a high-tech industrial sector with an emphasis on sustainable and specialised manufacturing.

The city also seeks to become a leader in science and technology transfer, as well as the application of advanced technologies in industry. It plans to reduce the reliance on outsourcing, while shifting towards in-house design and manufacturing capabilities.

During the conference, several important reports were also reviewed, including assessments of party building in 2024, leadership evaluations, financial reports, personnel reviews for the 2020-2025 term, and the progress of Resolution 18 issued by the 12th Party Central Committee, which focuses on streamlining the political system’s apparatus for greater efficiency./.

VNA

See more

Processing dragon fruit for exports (Photo: VNA)

Overseas Vietnamese help Vietnamese products go global

In 2016, approximately 4.5 million Vietnamese were residing in 109 countries and territories. Today, the figures have risen to over 6 million and more than 130, respectively. Once focused on small-scale trade, many OV entrepreneurs now own major retail centres and operate extensive wholesale networks, boosting the availability of Vietnamese products abroad.

Illustrative image (Photo: VNA)

PM orders fast-track construction of Lao Cai - Hanoi - Hai Phong railway

The Minister of Construction was asked to work closely with local authorities to hasten land clearance, compensation, resettlement, site surveys, and the drafting of a feasibility study, which must be completed by June 2025, setting the stage for the project's groundbreaking on December 19, 2025.

LNG import operations at Thi Vai terminal. (Photo: VNA)

Vietnam cuts LNG import tariff to boost clean energy transition

The Vietnamese Government has reduced the preferential import tariff on liquefied natural gas (LNG) from 5% to 2% under Decree No. 73/2025/ND-CP, issued on March 31. The move marks a key step in accelerating the country’s shift from fossil fuels to cleaner energy.

Prime Minister Pham Minh Chinh chairs the meeting (VNA)

PM urges proactive engagement with US on trade talks

Trade negotiations with the US must be calm, consistent, and flexible, aiming to protect national sovereignty, security, and interests, while upholding international commitments and pursuing “balanced interests, shared risks," said Prime Minister Pham Minh Chinh.

Fisshing vessels in Quang Binh province (Photo: VNA)

Vietnam races against time to have EC’s "yellow card" lifted before Sept. 15

The Ministry of Agriculture and Environment particularly focused on resolving all EC concerns before September 15, the deadline for submitting a progress report to the commission, as well as ensuring thorough preparations for the fifth inspection so as to secure the removal of the “yellow card” warning.

The daily reference exchange rate for the US dollar is set at 24,960 VND/USD on April 29. (Photo: VNA)

Reference exchange rate down April 29

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,960 VND/USD on April 29, down 4 VND from April 28.

Investment in artificial intelligence surges eightfold compared to 2023 (Photo: VNA)

Investment in AI in Vietnam increases eightfold

Vietnam is entering a new phase of growth, where innovation, science, and technology are at the forefront of shaping its future. From being an emerging market, Vietnam has now risen to become a strategic destination for technology investment in Southeast Asia, driven by the aspirations of the entrepreneurial community and strategic guidance from the government

The talks between Vietnamese Minister of Industry and Trade Nguyen Hong Dien and Cambodian Minister of Commerce Cham Nimul on April 28 (Photo: VNA)

Vietnam, Cambodia seek ways to bolster economic, trade ties

Vietnam and Cambodia inked an agreement on promoting bilateral trade for the 2025–2026 period, which provides preferential tariffs for many competitive goods from each side – much more favourable than those under the ASEAN Trade in Goods Agreement (ATIGA).

President of Vietnam Luong Cuong (10th from left), Party General Secretary and President of Laos Thongloun Sisoulith (ninth from left), and officials of the two countries at the inauguration ceremony of Wharf No. 3 of Lao - Viet International Port on April 28 (Photo: VNA)

New wharf at Lao - Viet Int’l Port inaugurated

The launch of Wharf No. 3 of Lao - Viet International Port expected to help ensure infrastructure for socio-economic development in both Vietnam and Laos, meeting the increasing demand for goods transportation.