Hanoi’s GDP expected to rise 11-12pct in 2012

The aforementioned information was given at the seminar on implementation of socio-economic development tasks in 2011 and plan for 2012 for Hanoi held on October 4.

Also at the seminar, the capital city targeted to reach GDP growth in 2012 at 11-12%.

Of which, service growth would be 10.7-11.6%, industry-construction at 12.5-13.7% and agriculture at 2.7-3.7%. The city’s export turnover growth would be about 15% in 2012.

Hanoi would also continue construction of infrastructure framework and carry out the master plan for the city till 2020 and vision till 2030. Under which, the city will continue to develop the social housing projects and speed up the pace of key urban traffic projects such as Ha Dong-Cat Linh railway, Nhon-Hanoi Railway Station, ring road No 1 O Cho Dua-Hoang Cau and roads of Van Cao-Ho Tay, Cat Linh-La Thanh-Yen Lang.

Hanoi’s economic targets in 2011 and forecast for 2012 (%):

Target	Plan in 2011	Jan-Sep 2011	Plan in 2012
GDP	12	9.4	11-12
Export turnover	14	27.7	15
Social investment	19-20	11.6	18.5-19.5

Posted by VBN on Oct 7 2011. 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