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Hanoi targets GRDP per capita of 36,000 USD by 2045

Hanoi is set to become a globally-connected city with high living standards and quality of life, according to a new plan that aims to raise the Gross Regional Domestic Product (GRDP) per capita to 36,000 USD by 2045.
Hanoi targets GRDP per capita of 36,000 USD by 2045 ảnh 1Hanoi's Ring Road 3 where Pham Van Dong Road connects with Thang Long bridge. (Photo:VNA)
Hanoi (VNA) – Hanoi is set to become a globally-connected city withhigh living standards and quality of life, according to a new plan that aims toraise the Gross Regional Domestic Product (GRDP) per capita to 36,000 USD by2045.

As the country continues to develop, the government is focused on ensuring thatthe capital remains at the forefront of this progress, positioning it as a hubfor commerce, culture, and innovation in the years to come.

The average annual growth rate of GRDP is set to increase to 7.5-8% by 2025 and8-8.5% by 2030. As a result, the GRDP per capita is expected to reach 8,500 USDby 2025 and up to 12,000-13,000 USD by 2030.

The figure is projected to reach 36,000 USD by 2045.

From 2026 to 2030, the processing and manufacturing industry will make up 20%of the GRDP, the digital economy will make up 40% of the GRDP, 80% of theagricultural production value will use high technology, and labour productivitywill increase by 7.5%.

The urbanisation rate will reach 75% by 2030.

By 2045, the city's economic, cultural and social development will becomprehensive, unique and harmonious and at the same level as the capitals ofdeveloped countries.

The plan details were revealed after the Politburo issued Resolution 15/NQ-TWon the orientations and tasks for the capital city's development until 2030with a vision towards 2045 last April.

To fulfil these targets, the Resolution puts forwards key tasks and solutions,including continuing to raise awareness of the significant position, role andimportance of the capital city; and developing the capital's economy rapidlyand sustainably based on restructuring the economy in connection with renewinggrowth models and mobilising all resources effectively.

It is also necessary to strongly develop the city's culture in line with itsrole as a centre of education and training, science and technology, andhealthcare while ensuring social security and welfare.

Other tasks include improving planning quality and promoting infrastructureconstruction, urban development and management. Furthermore, effective use ofnatural resources and environmental protection are key ones.

They also include ensuring national defence, security, social order and safetyin all situations and promoting diplomacy, international integration anddevelopment cooperation to raise the position and prestige of the capital city.

The building and rectification of the Party and the political system must beincreased for transparency and a stronger Party and political system, and legalsystems must be completed in the capital with appropriate mechanisms andpolicies to meet the city's development requirements in the new period.

The Politburo asked the Party Organisation, administration and locals of thecapital city to stay united and determined to work with central ministries,sectors and agencies, as well as other localities, to implement the resolutioneffectively.

The Politburo underlined the need to make comprehensive adjustments to theCapital Law to meet the development requirements of the capital city in the newsituation.

Under the action plan, the city will tighten cooperation with governmentministries and agencies to implement the tasks of the capital city'sdevelopment strategy.

It will improve its coordination with provinces and cities throughout thecountry, especially with Hai Phong and Quang Ninh, to promote each other'spotential and advantages for mutual development./.
VNA

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