Hanoi’s economy performs well in five months hinh anh 1Nhat Tan bridge in Hanoi (Source: VNA)
Hanoi (VNA) – Hanoi’s industrial production index rose by 7.8 percent in the first five months of this year, said Director of the municipal Department of Planning and Investment Nguyen Manh Quyen.

Total retail and services revenue increased 10.4 percent to 983 trillion VND (43.68 million USD), compared to 7.4 percent in the same period last year.

The city lured 860 million USD in foreign direct investment and granted licenses to 225 projects worth 529.2 million USD. There were 27 projects using non-State capital valued at 27 trillion VND and while 13 others registered additional capital of 1.98 trillion VND. Total State budget collection was estimated at 92.4 trillion VND.

Foreign tourist arrivals in the capital hit 1.92 million, up 27.3 percent annually.

The city ranked 13th in the provincial competitiveness index, up one place, and moved up one slot to second in the provincial administrative reform index among 63 cities and provinces nationwide.

It generated jobs for 89,000 people, or 58.5 percent of the yearly plan and approved national fund loans worth 578 billion VND to create jobs to 21,900 workers. About 15,500 people who served the nation received benefits.

Up to 250 billion VND in housing support was provided for poor households via the Vietnam Bank for Social Policies.

Since early this year, 296,370 health insurance cards have been issued to the poor and those subject to social protection. As many as 261 people received care in social protection establishments.

Hanoi approved a plan to simplify 61 administrative procedures in seven State management fields and announced several amended and supplemented administrative procedures under the management of the municipal Department of Information and Communications and Public Health.

Between now and the year’s end, the city will continue strengthening discipline, stepping up administrative reform to offer optimal support to businesses and people, renovating apparatus to improve the efficiency of legal enforcement and leadership of departments and agencies.

It will also take measures to improve business climate and competitiveness.

The city will step up supply-demand connectivity programmes, facilitate capital access to manufacturing and trade and accelerate construction and disbursement in key projects.

During the monthly meeting, Chairman of the municipal People’s Committee Nguyen Duc Chung urged localities to hasten disbursement in construction and site clearance.

The municipal Department of Home Affairs was asked to rearrange health stations in ward and district levels and further cut administrative procedures./.