Economic situations

          GDP of Hanoi accounted for 12.73% of the country and about 41% of Red River Delta. In ranking of provincial competitiveness index of Vietnam in 2011, Hanoi ranked No. 36/63 provinces.

Year     Majors	2000	2001	2005	2010
- Industry	38,0	38,7	41,5	42
- Service	58,2	57,6	55,5	56
- Agriculture	3,8	3,7	3,0	2,0

 

 

 

 

 

  

                                

  Hanoi’s economic structure 2001-2010

 Unit: %

        Hanoi has the highest Human Development Index among the cities in Vietnam. According to a recent ranking by PricewaterhouseCoopers, Hanoi will be the fastest growing city in the world in term of GDP growth from 2008 to 2025.

           In addition to eight existing industrial parks, Hanoi is building five new large-scale industrial parks and 16 small- and medium-sized industrial clusters. The non-state economic sector is expanding fast, with more than 48,000 businesses currently operating under the Enterprise Law.

          Together with economic growth, Hanoi's appearance has also changed significantly, especially in recent years. Infrastructure is constantly being upgraded, with new roads and an improved public transportation systems.