A corner of Hanoi (Photo: VNA) According to the municipal People’s Committee, its GDP growth isestimated at 5.17 percent for the first quarter of 2021, compared to 4.13percent in the same period last year and higher than the country’s average.
In the context of the global economy facing a range of difficulties,Hanoi remains determined to step up business and production and has carried outmeasures towards this end.
Its agro-forestry-fishery sector grew 2.51 percent year-on-year in the firstquarter. Weather conditions were favourable for agricultural production in the openingmonths of the year. Cattle and poultry husbandry developed stably, with theAfrican swine fever brought under control.
The industrial and construction sector grew 7.99 percent, compared to 5.59percent in the first quarter of 2020.
The service sector saw year-on-year growth of 4.54 percent, driven bythe finance-banking-insurance sector (7.43 percent), real estate (7.6 percent),and wholesale and retail (6.77 percent). Several sectors posted contractions, however,including artistic and entertainment activities (15.94 percent), administrativeand support services (7.3 percent), and accommodation and catering (6.36percent).
The city’s total State budget collections were estimated at 72.8trillion VND (3.15 million USD), equal to 28.9 percent of the target set for2021 and up 1 percent year-on-year.
The municipal People’s Committee attributed the positive results to the jointefforts and high consensus of the entire political system, the businesscommunity, and local people.
It also acknowledged that growth was lower than expectations, and that thetransportation, tourism, services, and education and training sectors are stillfacing challenges from COVID-19.
To achieve the socio-economic development targets set for 2021, thecommittee asked departments and sectors to continue strengthening pandemicprevention and control measures, doing their best to prevent the pandemic fromspreading in the community, keeping a close watch on developments, and making fullpreparations for all possible scenarios.
The capital will maintain efforts to improve its business and investmentenvironment, administrative reform, and competitiveness, while firmly carryingout activities in support of production and business, encouraging theapplication of advanced technologies and developing supporting industries anddigital transformation.
It will focus on stepping up public investment disbursement and implementation,mobilising private investment in development, helping investors deal withdifficulties, and speeding up the process of licensing and implementingprojects.
The agricultural sector was advised to keep a close watch on weatherdevelopments, step up measures in African swine fever and avian flu A/H5N6prevention and control, speed up crop restructuring, and expand the applicationof high technologies.
Hanoi will pay attention to developing production infrastructure andcalling on businesses and investors to pour capital into industrial zones, industrialclusters, and hi-tech parks, and at the same time develop the domestic marketin line with the “Vietnamese people prioritise using Vietnamese products”campaign and implement consumer stimulus plans and promotional programmes.
Attention will also be paid to building and implementing tourismrecovery scenarios, stimulating and developing domestic tourism, introducing creativeand attractive new tourism products, and intensifying communications to attractmore visitors.
At the same time, departments and sectors are requested to increase thematerial and spiritual lives of local people, ensure social welfare, care for contributorsto the revolution, address unemployment, and boost sustainable povertyreduction.
Along with the implementation of the “all people are united to buildnew-style rural areas and civilised urban areas” campaign, the capital willalso make efforts to ensure social safety and order and prevent fires andexplosions./.
VNA
