Hanoi’s economy continues to grow

Hanoi’s economy continue to grow in the first five months of this year, reported Director of the municipal Department of Planning and Investment Nguyen ManhQuyen at a recent conference held by the municipal People’s Committee.
Hanoi’s economy continues to grow ảnh 1Hanoi's industrial production index rose 7.08 percent and the consumer price index jumped 4.1 percent in the first five months of 2019 (Photo: VNA)
Hanoi (VNA) – Hanoi’s economy continueto grow in the first five months of this year, reported Director of themunicipal Department of Planning and Investment Nguyen Manh Quyen at a recent conferenceheld by the municipal People’s Committee.

In his report at the May 30 meeting, Quyenfurther said the city’s industrial production index rose 7.08 percent and theconsumer price index jumped 4.1 percent during the period.

Exports hit 5.85 billion USD, up 6.8 percentannually. Tourist arrivals in the city rose by 9.5 percent to 11.75 million,while thetotal revenue was estimated at 109.62 trillion VND (4.76 billion USD)or 41.7 percent of the yearly estimate compared to 38.2 percent during the sameperiod last year.

Director of the municipal Department ofAgriculture and Rural Development Chu Phu My said more than 15,500 localhouseholds reported African swine fever outbreaks, with the total cost to fightthe disease estimated at 200 billion VND.

In the near future, the sector will enhanceinspections to mitigate the spread of the disease, he said.

Director of the municipal ConstructionDepartment Le Van Duc said plans to cope with natural disasters during thecoming rainy season have been devised.

As for key tasks for June, the municipalPeople’s Committee will continue fulfilling 76 tasks and solutions under its ActionProgramme No.12/Ctr-UBND launched early this year and prepare for the mid-yearmeeting of the municipal People’s Council.

The city will also follow DirectiveNo.07/CT-UBND dated April 19, 2019 on removing difficulties in production andtrade, as well as fighting epidemic diseases, especially African swine fever.

Further attention will be paid to marketresearch and forecast, especially US –China trade war developments, to boostexports and attract foreign direct investment.

Also in June, the Hanoi 2019 – Investmentand Development Cooperation conference will be held to improve the businessclimate and beef up trade, investment and tourism.

Hanoi will also step up the progress ofclean water supply and solid waste treatment projects, upgrade rivers, expand services on the one-stop shop portal and payattention to preventive medicine.-VNA
VNA

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