Hanoi is estimated to post an increase of 7.37 percent in gross regional domestic products in the first half of 2017 and earn 5.8 billion USD from exports, up 12.1 percent against last year.
Tran Quoc Pagoda on the West Lake in Hanoi (Photo: VNA)
Hanoi (VNA) – Vietnam’s capitalcity of Hanoi is estimated to post an increase of 7.37 percent in grossregional domestic products in the first half of 2017 and earn 5.8 billion USDfrom exports, up 12.1 percent against last year.
The information was heard at a meeting of themunicipal Party Committee’s executive board on June 11, reviewing the city’seconomic-social development in the first six months of the year and its tasksin the remaining months.
In the reviewed time, Hanoi expects to welcome11.85 million visitor arrivals, up 8 percent, and contribute to the statebudget an amount of 102.5 trillion VND (4.5 billion USD), representing a yearlyincrease of 18 percent.
The city is also estimated to record a surge of74.6 percent to reach 190.9 trillion VND (about 8.4 billion USD) in theregistered capital from the non-state sector. It witnessed the establishment of13,355 new enterprises (up 16 percent) with total registered capital of 101.5trillion VND (4.47 billion USD), up 2 percent year-on-year.
In the rest months of the year, Hanoi willcontinue boosting administrative reforms, improving the investment environmentand taking measures to remove obstacles for businesses, especially capital andmarket.
In addition, the city will strengthen urbanmanagement, particularly for pavement encroachment and construction, whileensuring social security and order, said Secretary of the Hanoi Party CommitteeHoang Trung Hai. -VNA
Hanoi’s Retail and service revenue in the first two months of 2017 amounted to 365 trillion VND (16.4 billion USD), an increase of 7.1 percent from the same period last year, according to the Hanoi Statistics Office.
Hanoi’s tourism industry has made many significant achievements in recent years, but its development has not lived up to its potential or its expectations.
Working with the American Cable News Network (CNN) to promote the images of Hanoi to international friends and help them learn about Vietnam is a right step, said Chairman of the municipal People’s Committee Nguyen Duc Chung.
The Hanoi People’s Committee, BRG Group and Japan’s Sumitomo Corporation signed a cooperation agreement on developing Nhat Tan-Noi Bai urban project with total investment of more than 4 billion USD, aiming to build the most modern smart city of Southeast Asia in the north of Hanoi.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Tran Quoc Pagoda on the West Lake in Hanoi (Photo: VNA) 
