Chairman of the Hanoi People's Committee Tran Sy Thanh on March 28 signed and issued Directive No.04/CT-UBND, outlining key targets, tasks, and solutions to achieve a GRDP growth of over 8% in 2025.
The Chairman instructed all departments, agencies, and district-level People's Committees to focus on comprehensive and effective implementation of these goals and solutions.
The aim is to ensure Hanoi's GRDP growth reaches at least 8% in 2025, laying the foundation for double-digit growth in the 2026-2030 period.
Authorities must promptly review difficulties, policy obstacles, and bottlenecks in the development process and report them to higher authorities as required.
The city also aims to accelerate public investment disbursement, striving to reach at least 95% of the allocated budget in 2025. Public investment is expected to drive and attract private sector investments.
Efforts will be made to speed up land clearance, advance key infrastructure projects, and develop detailed disbursement plans for each project. Investors must adhere to monthly and quarterly disbursement schedules.
Leaders will be assigned to oversee specific projects, ensuring tight control over their scale, progress, and investment efficiency. Funds from slow-moving projects will be reallocated to those with better disbursement capacity, particularly for crucial regional infrastructure projects.
Businesses will receive support to implement pilot policies and special mechanisms, including the "green channel" initiative to simplify and shorten administrative procedures.
The city will also fully decentralize and delegate authority to reduce intermediate steps in processing. Hanoi will strictly follow the directives outlined in Document No. 991/UBND-TH, issued on March 19, 2025, to streamline and expedite administrative procedures, ensuring the city meets its growth target of over 8%.
Authorities will proactively advise the People's Committee on implementing the Capital Law and new breakthrough policies in investment, finance, and procurement, including controlled experimental projects.
Hanoi encourages the effective use of science and technology funds, venture capital, and startup innovation programs. The city will apply investment models such as "public investment - private management," "private investment - public use," and "public leadership - private governance."
Departments, agencies, and district governments are expected to uphold a spirit of solidarity, innovation, and creativity, demonstrating bold thinking, self-reliance, and determination to turn challenges into opportunities for breakthrough growth.
They are tasked with achieving and surpassing economic and social development indicators, including 68 key socio-economic targets for 2025, 97 primary development tasks, and 14 groups of measures to ensure an 8% growth rate.