On the afternoon of April 6, Hanoi City People's Committee held a press conference to inform about the socio-economic situation in the first quarter and key tasks for the second quarter of 2026.
Pilot controlled night economy
At the press conference, Deputy Director of Hanoi Department of Finance Do Thu Hang said that in the first quarter of 2026, the city performed well in stabilizing the market, strengthening the connection of supply and demand of goods, ensuring food safety, and there was no shortage of goods before, during and after the Lunar New Year. Gross regional domestic product (GRDP) in the first quarter of 2026 increased by 7.87% compared to the same period last year, a high increase in recent years.
Industrial production achieved a fairly good increase, with the industrial production index (IIP) in the first quarter increasing by 8.5% compared to the same period in 2025.
Business activities recorded a strong increase in the number of newly established businesses with 9,033 businesses, an increase of 33.4%, total registered capital reached 168.5 trillion VND, 3.3 times higher than the same period. FDI attraction reached 478.9 million USD, down 66.2% compared to the same period.
In April 2026 and the second quarter of 2026, the city will focus on adjusting the public investment capital plan for 2026 in the direction of transferring capital from slow and inefficient projects to key, urgent projects with good disbursement; assigning KPI disbursement by month in the second quarter to each investor, each commune, ward; report weekly on implementation results to promptly rectify.
Continue to promote the role of the Working Group to remove difficulties and obstacles in disbursing public investment capital and the Working Group to remove difficulties and obstacles in site clearance of the city. Focus on site clearance for bridges across the Red River, Ring Road 2.5, Ring Road 3.5, radial routes and emergency projects. Clearly assign each leader, each department, each commune, ward; finalize the list of each household still stuck; handle daily, weekly; take site clearance results as a direct measure to assess the level of task completion of the head.
Along with that, the city activates service - consumption motivation, pilots controlled night economy in Hoan Kiem, Tay Ho; expands operating hours; concretizes the Digital Transformation Market with the goal of at least 1,000 small traders applying QR Codes and having the first orders on digital platforms at major markets such as Dong Xuan, Long Bien, Ha Dong.
The city strongly shifted from mass investment attraction to selective investment attraction, with specific addresses and investors; focusing on early completion of information technology equipment and online meeting rooms for 126 communes and wards...
Reviewing 342 slow-progressing public investment projects
In the coming time, the City People's Committee said it will focus on 5 major orientations. The city focuses on disbursing high spillover projects (Red River bridge, belt, radial, flood control, logistics, regional connection) to open development space, create off-budget investment and jobs, and increase urban productivity.
Along with that, unlock non-budget investment and the private sector. Focus on reviewing 420 non-budget projects and 342 slow-progress public investment projects; completely remove or recover; accelerate the implementation of major projects, focusing on the Olympic Urban Area, the Red River Landscape Axis, and multi-purpose urban areas.
Hanoi identifies the theme of the year as digital economy development, setting a target of at least 80% of administrative procedures being provided online and over 95% of dossiers being processed completely online; allocating more than 9,090 billion VND for science and technology right from the beginning of 2026.
The city exploits culture, tourism, night economy, experiential tourism, conferences, and digital cultural products to shift from seasonal growth to regular growth. This is considered an important pillar for Hanoi to promote its own identity and expand growth in depth.
Exploiting public assets, land, housing funds, fees and charges; handling redundant facilities, general inventory of public assets, accelerating land fund auctions to combat waste and create investment space. Identifying combating waste is also a growth solution; strictly handling the situation of inefficient use of public assets.
