Hanoi

Along with strong development, the city’s business community has taken a strong step forward. From 2016 to September 2019, there were 93,000 newly established enterprises, up 22.5% compared to the 2011 – 2015 period. The city has attracted US$20.28 billion in FDI, a 3.24-fold increase against the 2011 – 2015;  VND622 trillion (US$26.81 billion) in capital was mobilized from the private sector for development.  “The private sector has become a major driving force of Hanoi’s economy, contributing 39% to the GRDP in 2018, up 1.5 percentage points from the 37.5% rate in 2015,” Chung added.  Total capital for investment from the private sector in the 2016 – 2018 period reached VND927.88 trillion (US$40 billion), or 36.4% of the GRDP.  A major proportion of development investment has shifted from the state sector to the private sector, helping the city maintain high growth rate, Chung stressed.  In this context, members … [Read more...] about Businesses seen as pioneering contributor to Hanoi’s development: Mayor

The New York Times has reported that the U.S. had been studied the possibility of organizing the summit in the central city of Da Nang, the host city of the 2017 Asia-Pacific Economic Cooperation (APEC) meetings, but the North Korean side was more in favor of choosing Hanoi. … [Read more...] about Trump says to meet N. Korean leader Kim Jong-un in Hanoi for second summit

Aiming towards 2025, the resolution outlines the share of the digital economy at 30 percent of the GDP while completing forming an e-government and constructing smart urban structures at key economic areas. Aiming towards 2030, Vietnam will be listed in the top 40 leading countries in the world gaining the ranking of global innovation index (GII). … [Read more...] about Hanoi pioneering sustainable smart city development

Hanoi, as the main host of the SEA Games 31, is urgently examining and preparing plans to renovate the city's sports facilities for the hosting of the Southeast Asian sports games (SEA games) in 2021, Head of Hanoi’s Department of Culture and Sports To Van Dong said.   Illustrative photo: Hanoimoi. … [Read more...] about Hanoi checks facilities in preparation for SEA Games 31 hosting

The number of patients including children and adults, being treated for wounds caused by rove beetles has increased. Dr. Le Ngoc Duy of the National Children Hospital’s Anti-Poison Center said that the insect produces pederin which is highly toxic, more potent than cobra venom. … [Read more...] about Hanoi on alert after hospitalizations due to rove beetles attacks

This is the 8th time Hanoi organizes the event, with the desire to promote handicraft designing and manufacturing, especially for export. This year, the show will attract numerous local and foreign handicraft companies which are expert producers of rattan, bamboo, pottery, textile, wooden, among others. Besides, Hanoi Gift Show 2019 will arrange a display of ​​products with new, unique and creative designs as well as high economic, technical and artistic values. Speaking at the press conference, Deputy Director of the Hanoi Center for Industrial Promotion and Industrial Development Consultant Hoang Minh Lam said that besides displaying and introducing products and models, the show will attach importance to trade and matching buyers and sellers. Remarkably, at Hanoi Gift Show 2019, the organizing committee will conduct the “Match and Meet” program between enterprises participating in the show and foreign importers. It aims to help importers find businesses … [Read more...] about Hanoi Giftshow 2019 to house over 650 stalls