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

The private sector is expected to make breakthroughs for national development. (Photo: VNA)

Party official anticipates breakthroughs in private economic sector

With the Politburo set to issue a dedicated resolution on the private economic sector, there should be a reformed approach to action plans, according to Secretary of the Party Central Committee and head of Head of its Commission for Policies and Strategies Tran Luu Quang.

NCSoft and VNGGames sign a cooperation agreement to develop products in Southeast Asia. (Photo: VNG)

More RoK’s game developers target Vietnam

Over half of Vietnam's nearly 100 million population being gamers and the country's competitive labour costs are among reasons for Korean gaming firms' expanding presence in Vietnam.

Representatives from the Vietnamese Embassy in the UK, LHR leaders, airline partners, and passengers at the anniversary event (Photo: VNA)

Vietnam Airlines marks 10 years of UK route operations

Vietnam Airlines launched its direct UK route in 2011, initially operating from London Gatwick Airport (LGW) before transitioning to Heathrow in 2015, improving connectivity to one of the UK’s major international hubs./.

President of the Cuban Chamber of Commerce (CCC) Antonio Luis Carricarte Corona. (Photo: VNA)

Cuban commerce official optimistic about bright future of Vietnam-Cuba cooperative ties

President of the Cuban Chamber of Commerce (CCC) Antonio Luis Carricarte Corona hailed Vietnam as Cuba’s second-largest trading partner in Asia and its top investor, spotlighting its foothold in the Mariel Special Development Zone via Viglacera. This zone, he noted, is set to become a pivotal hub for Vietnamese investment in the years ahead.

Imported cars seen at the northern port city of Hai Phong. (Photo: VNA)

Ministry proposes tax cuts for some imported cars

This initiative aims to diversify the supply of imported vehicles, foster competition in the domestic market, and align Vietnam’s tax policies with the evolving trends of the automotive industry.

Minister of Industry and Trade Nguyen Hong Dien and Deputy Prime Minister of the Republic of Belarus Anatoly Sivak sign the meeting minutes. (Photo: VNA)

Vietnam, Belarus unveil key solutions to boost trade

Vietnam and Belarus are set to deepen bilateral cooperation in all fields, particularly in economy-trade and science-technology, through their Intergovernmental Committee mechanism, affirmed Minister of Industry and Trade Nguyen Hong Dien.