Hanoi, Ho Chi Minh City set growth target of over 10% in 2026

PHẠM ĐÔNG |

In 2026, Hanoi sets a growth target of over 11%, Ho Chi Minh City over 10% and focuses on solving traffic congestion and environmental pollution problems.

On January 8, at the National Conference of the Government and local authorities, Chairman of Hanoi People's Committee Vu Dai Thang said that in 2025, GRDP growth in the city reached 8.16%, much higher than in previous years.

In particular, 2025 is the first year Hanoi's state budget revenue 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 is committed to taking drastic and proactive action from the first day of the first month.

The head of Hanoi City government emphasized that 2026 will focus on breakthroughs, in line with the breakthroughs set out by the Government.

The first is a breakthrough in institutions and organizational structure. Hanoi will effectively implement resolutions and legal frameworks that the Central Government has created conditions for Hanoi, such as Resolution 258 recently, 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 Hanoi capital with a 100-year vision.

Hanoi will continue to focus on removing bottlenecks that General Secretary To Lam has pointed out such as traffic congestion, environmental pollution, and solving food safety and hygiene issues... Continue to implement mechanisms and policies to support site clearance, creating conditions to complete synchronous and modern transport infrastructure, and develop a substantive and effective urban area.

The Capital will also make science and technology, innovation and digital transformation truly a driving force 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 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, Chairman of 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 plan of the new Ho Chi Minh City, reorganize the development space in a multi-polar, integrated, super-connected direction, focus on effectively handling bottlenecks in flooding, traffic congestion, environmental pollution, towards a drug-free city...

Representing the locality with the first growth rate in the Northern Midlands and Mountains region in 2025, 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 to reach 11%.

To achieve this goal, Mr. Tran Duy Dong said that the province will focus on tightening administrative discipline and public service discipline associated with strengthening inspection and supervision to prevent corruption, negativity and wastefulness.

Along with that, effectively implement new planning to attract investment projects of strategic investors at home and abroad, taking advantage of the potential advantages and new development space after the merger.

The province will also focus on key projects and works of the province and the country, especially inter-regional transport routes connecting with expressways and urban centers.

In 2026, 2 high-tech industrial parks will be established, the province's national innovation center; urban planning on both banks of the Lo River will be completed and the Red River axis will connect with Hanoi.

PHẠM ĐÔNG
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