Hanoi enters New Year with fresh optimism

11:46 | 01/01/2023

Facing a range of difficulties and challenges last year, Hanoi has realised and even exceeded all 22 of its socio-economic targets, Secretary of the municipal Party Committee Dinh Tien Dung told the Vietnam News Agency (VNA) in a recent interview.

According to the official, the capital city grew 8.8 percent, higher than the nation’s average level of about eight percent. It saw better-than-expected outcomes in its Gross Regional Domestic Product (GRDP), GRDP per capita, growth rate of export turnover, and reduction of poor households.

Dung said 2023 is key to Hanoi’s socio-economic development plan for the 2020-2025 period and takes the work theme of discipline, responsibility, action, innovation, and development.

This year, Hanoi will strive for an increase of 7 percent and above in GRDP, with its rates of social investment and export growth expected to hit 10.5-11 percent and 7.5-8 percent, respectively.

Concerning tasks to be completed to realise such goals, the official stressed improving the business climate and economic restructuring; developing the quality, effectiveness, and competitiveness of local craft villages; and encouraging the application of technological advances, among others.

The city will also work to complete its planning for 2021-2030 with a vision to 2050 for submission to the Prime Minister.

Dung said in the future, the capital will develop two affiliated cities – one to the north of the Red River (Me Linh-Soc Son-Dong Anh) andother to the west of Hanoi (Hoa Lac-Xuan Mai), serving as a premise for further growth.

Hanoi prioritises fostering cultural and social development to be on par with economic growth, while continuing its plan for investment in education, health, and culture, he affirmed.




Clare  Article: “What is meant by currency float? What are its advantages and disadvantages?” Quote:  “There are millions of traders around the world buying and selling currencies…The basis of the currency floating system is supply and demand. If the supply is greater than the demand, the value of the currency will decrease. On the contrary, if the demand is greater than the supply, its value will increase…”

Pimpy  Article: “Expert: No Concern About The Stability Of The Dinar With The Presence Of large Reserves Of The Dollar And Gold”  Remember I was telling you as they continue to increase their foreign reserve assets and their gold reserves the whole purpose of that was to help stabilize and protect the Iraqi dinar and that’s what this economist is talking about…



CandyKisses:  Sudani stresses immunizing Iraq from currency smuggling and money laundering

Twilight News / Prime Minister Mohammed Shiaa al-Sudani stressed on Monday the need for economic reform and support for the sectors of agriculture, industry, tourism and trade, stressing the fortification of Iraq so as not to be a corridor for smuggling hard currency and money laundering.

The Sudanese Media Office said in a statement received by Shafaq News Agency that the latter conducted an inspection visit to the Ministry of Industry and Minerals to see the progress of work in the ministry’s factories and companies. He also chaired a meeting of advanced owners, and listened to a summary given by the Minister of Industry on the Ministry’s investment plan for development, its vision towards supporting

Al-Sudani stressed that his visit to the ministry at the beginning of the new year reflects the government’s keenness to implement its ministerial platform, which focuses on services and the economy, noting that “economic reform is a prelude to social reform, which is not an intellectual luxury or for media consumption.”

He pointed out that “the fluctuations of the exchange rate and their impact on the Iraqi economy, made us adhere to the inevitability of economic reform, and support agriculture, industry, tourism and trade, instead of Iraq being a market for imported goods and a corridor for smuggling hard currency and money laundering.”

Al-Sudani pointed out that “Iraq has an opportunity to rise as an industrialized country, with an industrial identity, and that the government supports the industrial sector in this path.”

He stressed “the need for industry to be away from political investment, and that partnership with the private sector contributes to the advancement of Iraqi industry,” stressing “the protection of the local product as a means of supporting the private sector, and reducing the dumping of the local market with imported goods.”

Al-Sudani directed to audit industrial development licenses, and to sponsor small and medium enterprises as they establish major projects, and contribute to job creation.

Mot:  .. You Can Always Count on Maxine to Stir da Pot!! ~~~

Mot:  …… on and on and on and on …….

Mot: . Uh Oh! — Got Caught on dat Un! ~~