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Hanoi needs more assistance for infrastructure development: city leader | Politics


Wednesday, November 04, 2020 22:04
Hanoi (VNA) – Secretary of the Hanoi Party Committee
Vuong Dinh Hue told Carolyn Turk,
World Bank (WB)’s Country Director for Vietnam that Hanoi is in need of great resources for
infrastructure development amidst its fast urbanisation, during their meeting in
Hanoi on January 12.
He said that in the past five years, the city attracted 25
billion USD of foreign direct investment (
FDI), with 4 billion USD in 2020 alone.
Towards the goal of a growth rate of 7.5 percent in
the next five years, total development investment of the city is expected
to expand 12 percent per year.
To this end, the city needs to call for more resources, ....

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