HANOI, Feb 10 (Xinhua): Vietnamese capital city Hanoi has set a target to become a globally connected city with high living standards and quality of life, local media have reported this week.
Hanoi aims to have an average annual growth rate of gross regional domestic product (GRDP) of 7.5-8 per cent by 2025 and 8-8.5 per cent by 2030, local newspaper Vietnam News reported, citing the city's plan.
As the country continues to develop, the government is focused on ensuring that Hanoi remains at the forefront of this progress, positioning it as a hub for commerce, culture, and innovation, the plan said.
Hanoi's GRDP per capita is expected to reach US$8,500 by 2025 and 36,000 dollars by 2045, according to the plan.
From 2026 to 2030, the processing and manufacturing industry will make up 20 per cent of the GRDP, the digital economy will make up 40 per cent of the GRDP, 80 per cent of the agricultural production value will use high technology, and labor productivity will increase by 7.5 per cent, according to the plan.
Last year, Hanoi recorded year-on-year growth of 8.89 per cent in GRDP, higher than the target of 7-7.5 per cent, according to the municipal Statistics Office. - Xinhua