Briefing the guest on the socio-economic situation of the capital in recent years, Chung said for the past ten years, the city’s annual average GDP growth has reached 7.41%, per capita income has been US$5,200, and the city welcomes some 6.5 million international arrivals per year.
An overview of the working session. Photo: Kinhtedothi.vn
The mayor added that in the current development period, Hanoi focuses on three breakthroughs which are developing transport infrastructure, building e-government as a foundation for a smart city, training high-quality human resources with the focus to train 300,000 information technology engineers by 2025.
Referring to the challenges that Hanoi faces, Chung said that the capital is trying to handle water and air pollution, traffic congestion and fire prevention. Therefore, Hanoi always attaches great importance to cooperation with foreign enterprises, including those from Singapore with experience in handling the issues.
Besides, Hanoi’s authority annually organizes an investment promotion conference to call for investment in smart city building, Chung stressed.
He expects Singapore investors to join smart city projects in Hanoi, including air quality control, water source monitoring, fire prevention as well as investment in smart transportation, tourism cooperation, shopping mall construction, among others.
Hanoi has implemented many preferential mechanisms and policies to support investors such as supporting vocational training for employees and building houses for workers and so on.
For his part, Teo Siong Seng emphasized that Singaporean businesses not only look for opportunities in the time ahead and increase investment but also want to help enterprises in Hanoi to develop and expand their business, contributing to promoting strategic partnership between Vietnam and Singapore.
Teo Siong Seng and Singaporean groups’ leaders also invited Hanoi’s leaders to visit Singapore in September on the occasion of the Formula 1 race (F1) in the island country to exchange and share experiences, in preparation for the first race to be held in Hanoi in April 2020.
- Hanoi hopes fees will reduce congestion
- First ever Hanoi Int’l Marathon scheduled next April
- Hanoi - venue of important events
- Hanoi Flag Tower – the most intact architecture in Thang Long Imperial Citadel
- Discover Hanoi Flag Tower
- 'Korea Night' to take place in Hanoi
- Sasikumar: Diversity is key for Fandi, if Singapore are to win the AFF Suzuki Cup
- Singapore GP: Sebastian Vettel Says 'The Biggest Enemy Is Me' Not Hamilton
- Vietnam comments on Singapore PM’s speech at Shangri-La Dialogue
- NFL Kickoff: Can Amari Cooper become an elite receiver under Jon Gruden?