Hanoi strives to reach GDP growth rate of 8-9% per year

The Hanoi Municipal People’s Committee has issued instructions on building economic-social development plans from 2011-2015 to ensure the capital to achieve sustainable and comprehensive growth.

The directive has pointed out the main tasks to make Hanoi complete its quest for modernisation and industrialisation.

Specifically, the capital is striving to obtain an annual GDP growth rate of 8-9 percent per year during the 2011-2015 period, reducing the number of poor households by 1-1.2 percent each year and improving the business and investment environment.

The capital is committed to increasing the efficiency of the state economy and creating better conditions for private and foreign-invested businesses to develop.

Hanoi has been actively integrating into the regional and international economy with a focus on developing science and technology, particularly hi-tech industries.

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