Hanoi has recorded robust economic performance in the first half of 2016, with its gross regional domestic product (GRDP) gaining 7.3 percent, said the municipal People’s Committee.
Hanoi (VNA) 𒉰– Hanoi has recorded robust economic performance in the first half of 2016, with its gross regional domestic product (GRDP) gaining 7.3 percent, said the municipal People’s Committee.
The capital’s agro-fishery sector grew 2.1 percent year-on-year in the period. However, unfavorable weather conditions inflicted crop cultivation, making the sector’s value added yet to fulfill its quota.
The industry and construction sector secured an annual growth of 7.8 percent, with investments poured into local industrial parks soaring 4.2 times. Sub-industries producing food, apparel and pharmaceuticals gained momentum, in contrast to timber processing and chemical production.
The service sector grew 7.5 percent. Hanoi welcomed six million tourists in the six-month period, up 9.4 percent year on year. Of the total, 1.5 million were foreigners, mostly from China, the Republic of Korea, Thailand and France.
Meanwhile, development projects in the city got 140 trillion VND (6.3 billion USD) in capital, which saw State funds reducing and foreign investment rising three-fold. Hanoi attracted almost 72 trillion VND (3.24 billion USD) worth of foreign direct investment.
There were 11,000 companies established in the first half of the year, registering a total investment of more than 92 trillion VND (4.14 billion USD), an annual surge of 52 percent.
Hanoi is now calling for further investment in urban infrastructure development, particularly in green spaces and social housing. The hub is also prioritising high-tech application in heath, energy and agriculture.-VNA
Hanoi will create all favourable conditions and support policies for better links between producers and traders to bring safe farm products to consumers.
Hanoi drew 1.6 billion USD in newly-registered and additional capital from foreign direct investment (FDI) projects in the first five months of this year.
Hanoi will create favourable conditions and support policies for better links between producers and traders in order to bring safe farm products to consumers.
The consumer price index (CPI) in Hanoi continued to go up in June, the sixth consecutive month of growth, the municipal Statistics Office (GSO) reported on May 22.
This year’s event attracted more than 350 entries from cities and provinces across the country, reflecting growing interest in and commitment to the Fourth Industrial Revolution.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
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.