Ha Noi aims to maintain growth rate

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VietnamNet English - 75 month(s) ago 3 readings

The Ha Noi People’s Council is set to maintain the city’s economic growth of 10-10.5 per cent for the year ahead.

The aim was raised in resolutions on socio-economic tasks, national defence and security for 2012, which were approved by the council on Thursday.

The city will continue to focus on curbing inflation, stabilising the economy, ensuring social welfare and enhancing the standard of living for residents, the city’s authorities agreed.

An 15 per cent increase in export turn-over was also expected for next year, together with a reduction of 1.5 per cent in the number of poor households.

In addition, all households will be supplied with tap water and all existing industrial zones will have waste water treatment systems installed.

In 2012, key road projects would be sped up for completion, including the roads of Van Cao – Ho Tay (West Lake), Cat Linh – La Thanh – Yen Lang and ring road No 1 (O Cho Dua – Hoang Cau) to help ease inner-city traffic congestion.

The municipal people’s committee reported the city had witnessed an increase of 10.1 per cent in GDP this year, more than 1.6 times higher than the average national growth rate.

However, the result was lower than the previous year which was more than 11 per cent and did not meet the year’s target of 12 per cent, due to the financial crisis and world-wide economic recession.

Slow progress in infrastructure projects, easing traffic congestion, incorrect land use and social housing-related issues still need to be addressed.

To improve the situation, authorities must enhance their management capacity, especially in public investment, to improve efficiency, together with boosting the administrative reform and encouraging savings.

Curbs on cars

The city’s People’s Council agreed to raise the car registration and licensing fees, which will come into effect at the beginning of 2012 in an effort to reduce the number of vehicles on the road and ease chronic traffic congestion.

Meanwhile, there will be no increase on fees for motorbikes and bicycles.

Accordingly, the first-time registration fees for cars of less then 10 seats will be increased from the current level of 12 per cent to 20 per cent – the highest level regulated by the Government. The second-time registration fee is maintained at 12 per cent.

Car owners must also pay VND20 million (US$950) for the registration number plate, 10 times higher than the current fee of VND2 million ($95).

Motorbike licensing fees will also double current fees, and will be applied to motorbikes valued at over VND15 million ($715).

In addition, changes to working hours in 10 inner districts and Tu Liem and Thanh Tri districts was proposed to the Government to be implemented from the beginning of 2012 in an effort to ease traffic congestion.

The city’s traffic congestion prevention programme is a priority for the period of 2012-2015, with an estimated expense of about VND425 billion ($20.24 million).


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