Hanoi economy presents mixed picture
Hanoi’s total retail sales of goods and services increased 18 percent in January compared with the same period last year. The capital has also identified 22 targets for socioeconomic development in 2023.
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Strong recovery of capital's economy
According to a report by the Hanoi People's Committee, the capital experienced a strong economic recovery in 2022 and maintained its leading position among the provinces and cities nationwide in attracting foreign direct investment (FDI).
Accelerating year-end exports
Many sectors of the Vietnamese economy achieved impressive export growth in the first three quarters of 2022 and fulfilled their annual export plans ahead of schedule, despite the complex global economic situation. However, signs have emerged of export slowdown in the fourth quarter.
