Hanoi GDP surges 9.4 pc in 2011's first nine months

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Báo Đầu Tư English - 21 month(s) ago 7 readings

Hanoi GDP surges 9.4 pc in 2011's first nine months

Hanoi obtained a 9.4 per cent increase in GDP (gross domestic product) in the first nine months of this year, according to the Hanoi Statistics Office.

High growth has been seen in industrial and construction sectors, hitting 10.1 per cent in the reviewed period, followed by the services sector, 9.3 per cent and the agriculture-forestry and fisheries sector, 4.3 per cent.

Head of the Hanoi Statistics Office Cong Xuan Mui attributed the growth to the industrial and construction enterprises’ efforts to surmount had to face various difficulties such as bank interest rate and high expenditures for raw materials and input fuel, as well as the impacts from the government Resolutions 11’s measures aimed at stablising socio-economy, controlling inflation, boosting production and business for enterprises.

Mui added that over the past time, the weather was good for agricultural production, which is a factor for the agriculture-forestry and fisheries sectors to gain the above-said results.

He forecast that the city would achieve a yearly GDP growth of 9.6 per cent this year.

Also in the first nine months of the year, Hanoi welcomed 6.2 million visitors, a 6.2 per cent decrease over the same period last year.

Of the figure, 898,000 were foreigners, a year-on-year increase of 6.7 per cent

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