Hà Nội strives for GRDP per capital of over $6,300 in 2023

Hà Nội strives for Gross Regional Domestic Product (GRDP) per capita to reach about VNĐ150 million (US$6,348) by 2023.

Hà Nội is aiming for its Gross Regional Domestic Product (GRDP) per capita to reach about VNĐ150 million (US$6,348) by 2023.

It is one of the targets set under a Resolution on the city's socio-economic development plan in 2023, which has recently been approved by the People’s Council of Hà Nội.

The resolution, setting 22 targets and 10 main groups of tasks in 2023, was approved at the 10th session of the 16-tenure People’s Council of Hà Nội on Saturday.

Under the resolution, the growth rate of GRDP is planned to increase by about 7 per cent in 2023.

The resolution also aims for the growth rate of total export turnover to increase by 6 per cent; the consumer price index will be below 4.5 per cent; the number of public schools meeting national standards will increase by 81; and the unemployment rate in urban areas will be less than 4 per cent in 2023.

The overall goal of the plan is to maintain stability and ensure major balances of the economy, control inflation, and promote growth; continue to restructure the capital city's economy; consolidate and develop new growth engines; as well as improve the internal capacity, resilience and adaptability of the capital's economy.

The plan aims to focus on comprehensive and synchronous development of the fields of culture and education; effectively control diseases; ensure social security as well as improve people's material and spiritual life.

Besides, it will enhance the development of digital infrastructure, science and technology activities, innovation, creativity and start-ups; strictly manage and effectively use land and resources, protect the environment, and actively respond to climate change; continue administrative reform, rearrange the apparatus, tighten discipline as well as raise the responsibility of the head.

It will strengthen the application of information technology in State management, build digital government, improve the ranking of indicators such as the Provincial Competitiveness Index (PCI), Public Administration Reform Index (PAR Index), Public Administration Performance Index (PAPI), and Satisfaction Index of Public Administrative Services (SIPAS); step up the fight against corruption, negativity and wastefulness; ensure national defence, local military and social order and safety.

Nguyễn Thanh Xuân of Hà Đông District’s delegation said that next year, the economy is forecast to face difficulties, so the city needs specific solutions in supporting local State-owned enterprises to strengthen production to promote revenue for the city’s budget.

Duy Hoàng Dương of Hoài Đức District’s delegation said the city should boost the planning of the education and health network to suit the development of the capital in the new situation; and build autonomy mechanisms for these two fields.

In addition, the implementation of administrative reform should be carried out consistently from the city level to the commune level, he said.

Key tasks in 2023

Chairman of the People's Committee of Hà Nội Trần Sỹ Thanh, said it is forecast that next year will continue to be a complicated and unpredictable year in terms of politics, security, economy and society.

Therefore, in order to fulfil the targets, the committee will drastically renew the direction and administration on the principle of strictly abiding by the provisions of the law and the working regulations of the Government; improve the effectiveness of the political system from the city to the grassroots in the direction of serving people and businesses, thoroughly overcome current shortcomings, he said.

It also will foster digital transformation of State management activities from traditional methods to information technology application, develop digital infrastructure to serve online public administrative services; establish the model of "Digital Government - Digital Citizen" to drastically stimulate the investment environment, he said.

Moreover, perfecting institutions, policies and long-term development orientation of the city will be also enhanced, he said.

It will also boost the coordination and supervision between the committee and the Standing Committee of the People's Council, the City's National Assembly Delegation, the city's Fatherland Front Committee and relevant agencies to achieve the targets, he said.

Strong recovery after the pandemic

According to the report of the capital People's Committee, despite many difficulties in this year, the city's GRDP recovered strongly, the following quarter increased higher than the previous quarter; GRDP increased by 9.69 per cent in the first nine months of this year - the highest increase in recent years; and the whole year’s GRDP of the city is expected to increase by 8.89 per cent.

Total State budget revenue of the city this year is over VNĐ332.9 trillion (US$14 billion), reaching 106.8 per cent of the plan, about 2.7 per cent higher than in 2021.

Total local budget expenditure of the city this year is estimated to be VNĐ100.5 trillion ($4.25 billion), reaching 94.1 per cent of the assigned target.

Expressing impression with the results in implementing socio-economic development tasks this year, secretary of the Phú Xuyên District’s Party Committee Lê Ngọc Anh said that this year, the city has also completed the institutions for the development of the capital, ensured the institutions are practical and paid attention to the fields of culture, education and health.

It also focused on investment in urban planning and technical infrastructure, he said.

"Besides economic growth, the fields of social security also develop very evenly," he said.