Hanoi targets GDP growth of 11 to 11.5 pct in the last six months of 2010

The Hanoi People’s Council, on the afternoon of July 13, has conducted discussions on the implementation of socioeconomic and defense security tasks in the first six months and set targets for the last six months of 2010.

According to the report of Hanoi People’s Committee, the city has maintained good economic recovery and achieved good growth. In the first six months, the city’s GDP is estimated to go up by 10.1 percent, equivalent to 2.5 times, compared to the same period of 2009. Of that, industrial and construction sector rose by 11.5 percent, while service sector, agriculture forestry and fishery products went up by 9.1 percent, 7.3 percent, respectively.

The city has successfully eradicated poverty for 10,200 households (accounting for 45 percent of yearly plan), completing 1,079 out of 3,257 houses, 1,566 houses are in the course of construction, and been preparing to build 612 houses for households that have housing difficulties.

The city has created jobs for approximately 68,000 labours, reaching 50.4 percent of yearly plan. It has also built 2,400 classrooms in replacement for the temporary and degraded ones, completing 60 percent of the yearly plan.

Additionally, central tasks and solutions for the last six months of 2010 have also been agreed in the meeting. Of that, the most notable tasks are effectively implementing measures to control inflation, accelerating economic growth and ensuring social security. The city targets to achieve GDP growth of 11 to 11.5 percent in the last six months in order to achieve 10.5 percent yearly growth.

Tags: Vietnam economic, Vietnam economy, Vietnam GDP, Vietnam GDP 2010

Posted by VBN on Jul 16 2010. Filed under Economy News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry