According to the Da Nang Statistics Office, total social investment exceeded 50.98 trillion VND (about 1.94 billion USD) in the first six months, up 31.5% from the same period last year. The strong growth reflects investors' confidence in the city's business environment, as well as the effectiveness of its investment promotion policies and efforts to accelerate project implementation.
Total realised investment capital reached 744.7 trillion VND (28.26 billion USD) in the January–March period, up 10.7% year-on-year and higher than the 9.4% growth recorded in the same period of 2025.
Total social investment in 2024, based on current prices, is estimated at 3.69 quadrillion VND (145.36 billion USD), an increase of 7.5% compared to 2023, signalling a positive recovery in production and business activities, reported the General Statistics Office (GSO).
Facing a range of difficulties and challenges last year, Hanoi has realised and even exceeded all 22 of its socio-economic targets, Secretary of the municipal Party Committee Dinh Tien Dung told the Vietnam News Agency (VNA) in a recent interview.
Vietnam is unlikely to reach its target of 1 million enterprises with efficient operation by 2020, according to a draft report recently issued by the Ministry of Planning and Investment (MPI).
Total social investment in the first nine months of this year increased just 4.8 percent year-on-year to 1,445 trillion VND, the lowest pace during the 2016-2020 period, the General Statistics Office (GSO) revealed on September 29.
The capital city of Hanoi recorded impressive socio-economic development results in the first nine months of this year, with a gross domestic product (GDP) growth of 7.35 percent, up from the 6.95 percent expansion recorded in the same period last year.
Vietnam wants to have at least five billion-dollar tech firms (unicorns) by 2025 and 10 by 2030 as planned in its draft on national strategy on the Fourth Industrial Revolution.
The northeastern province of Quang Ninh recorded economic growth of 10.16 percent in the first six months of 2018, the highest level in the last six years.
Hundreds of relic sites in Hanoi suffer from serious degradation and need prompt repair, but the estimated costs amounting to trillions of dong surpass the city’s financial capacity.
