Hanoi, Ho Chi Minh City set a growth target of over 10% in 2026
In 2026, Hanoi sets a growth target of over 11%, Ho Chi Minh City over 10% and focuses on solving problems of traffic congestion and environmental pollution.
On January 8, at the National Conference of the Government and local governments, Chairman of the Hanoi People's Committee Vu Dai Thang said that in 2025, the city's GRDP growth will reach 8.16%, much higher than previous years.
In particular, 2025 is the first year that Hanoi's state budget revenue has exceeded 700,000 billion VND, an increase of 138% compared to the estimate, the highest in recent years.
In 2026, Hanoi sets a growth target of over 11%. Hanoi committed to taking drastic and proactive action from the first day of the first month.
The head of Hanoi City government emphasized that in 2026, he will focus on breakthroughs, in line with the breakthroughs set by the Government.
First is the breakthrough in institutions and organizational structure. Hanoi will effectively implement the resolutions and legal frameworks that the Central Government has created conditions for Hanoi, such as the recent Resolution 258, promoting the development of large projects and works, creating growth momentum in the coming time.
Along with that, focus on building directions and orientations, especially the new planning of the capital Hanoi with a 100-year vision.
Hanoi will continue to focus on removing bottlenecks that General Secretary To Lam pointed out such as traffic congestion, environmental pollution, solving food hygiene and safety issues, etc. Continue to implement policy mechanisms to support site clearance, creating conditions for completing synchronous and modern transport infrastructure, and developing urban areas in a practical and efficient manner.
The capital will also make science and technology, innovation and digital transformation truly a major growth driver for Hanoi's development. Continue to build a streamlined, effective urban government according to the 2-level local government model.
At the conference, Chairman of the Ho Chi Minh City People's Committee Nguyen Van Duoc emphasized that in 2026, Ho Chi Minh City sets a growth target of over 10%. To achieve this figure, the Chairman of the Ho Chi Minh City People's Committee said that the "economic locomotive" of the whole country will implement a number of proposed solutions.
The city is determined to break through infrastructure, complete the overall planning of the new Ho Chi Minh City, reorganize the development space in a multipolar, integrated, super connected direction, focusing on effectively handling bottlenecks caused by flooding, traffic congestion, environmental pollution, moving towards a drug-free city...
Representing the locality with growth results in 2025 as the first in the Northern midlands and mountainous areas, speaking at the conference, Chairman of Phu Tho Provincial People's Committee Tran Duy Dong said that in 2026, the province strives for economic growth of 11%.
To achieve this goal, Mr. Tran Duy Dong said that the province will focus on tightening administrative discipline, public service discipline in conjunction with strengthening inspection and supervision to prevent corruption, negativity and waste.
Along with that, effectively implement new planning to attract investment projects of domestic and foreign strategic investors, taking advantage of new potential advantages and development space after the merger.
The province will also focus on key projects and works of the province and the country, especially inter-regional traffic routes connecting to highways and urban centers.
In 2026, 2 high-tech industrial parks and a national innovation center of the province will be established; urban planning on both sides of the Lo River will be completed and the Red River Avenue axis will be connected with Hanoi.
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