Hanoi’s gross regional domestic product (GRDP) in the first nine months of 2024 increased 6.12% compared to the same period last year, the Hanoi Statistic Office announced on October 3.
Hanoi (VNA) – Hanoi’s gross regional domestic product (GRDP) in the first nine months of 2024 increased 6.12% compared to the same period last year, the Hanoi Statistic Office announced on October 3.
In the first nine months of 2024, Hanoi’s service sector increased by 6.76% over the same period last year.
Some industries saw relative good growth such as administrative activities and support services (up 17.22%), wholesale and retail (up 8.56%); accommodation and catering services (up 7.55%); finance, banking and insurance (up 7.38%), education and training (up 6.61%); and science and technology (up 6.49%).
The industrial and construction sector rose by 5.74% over the same period last year, contributing 1.15 percentage points to the city’s GRDP growth.
In the reviewed period, the Index of Industrial Production (IIP) rose 5.4% from the same period last year, in which the processing and manufacturing industry surged 4.8%; electricity production and distribution, 9.9%; water supply and waste and waste solide treatment, 10.1%; and mining, 0.9%.
The consumption index of the processing and manufacturing industry in September was up 1.1% compared to the same period in 2023.
In the first nine months, the index increased 9.9% over the same period last year.The city’s statistics office said that the industry witnesses positive recovery with increased orders.
♋ Meanwhile, stable fuel prices and transportation costs have partly reduced the burden on industrial production./.
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