Hanoi's budget revenue rises 15.8 pct against 2016

10:51 | 22/11/2017 Society

Hanoi has posted a total budget revenue of nearly VND208 trillion (US$9.15 billion) since the beginning of this year, equivalent to 101.4% of the year's estimate and up 15.8% over the same period in 2016.

The statistics were announced at a meeting of the municipal Party Committee, held on November 19, in the presence of Secretary of Hanoi municipal Party Committee Hoang Trung Hai.

The city's economy was reported to grow steadily at 7.3%, with the poverty rate being reduced to just 1.71% in 2017. Hanoi also continued to take the lead in a number of areas such as education, healthcare, social welfare and sports in 2017.

In 2018, the city will strive to improve its investment and business environment, enhance its competitiveness capacity and promote start-ups in order to achieve the target of having 50,000 newly-established enterprises.

The city's gross regional domestic product (GRDP) is projected to grow by 7.3-7.8% in 2018, while the total investment capital for development purposes is expected to increase by 10.5-11% and export revenues are hoped to expand by 7.5-8% in 2018.

Secretary Hoang Trung Hai emphasised that the targets set for 2018 are highly challenging, requiring the joint efforts of all of the relevant sectors and agencies to fulfil these targets.

He also asked for further reform in the administrative procedures and apparatus organisation and the synchronous implementation of the code of conduct at public places and at State agencies.

The Head of the municipal Party Committee also called for the settlement of complaints and denunciations, as well as the fight for red tape and corruption in sensitive areas such as land, construction, and the management of State capital and property, among others.

Theo NDO