Page 311 - Ebook HTKH 2024

period 2011-2020 with a vision to 2050; the Government set out three strategic tasks:
reducing the intensity of greenhouse gas emissions and promoting the use of clean and

renewable energy; greening production; and greening lifestyles and promoting
sustainable consumption. As an economic center and a driving force for developing the
Red River Delta and the whole country, Hanoi is also a leading locality in green
transformation. According to the Hanoi Department of Planning and Investment, in
2023, there were 357,046 enterprises in Hanoi, and gross domestic product (GDP)
increased by 6.27% compared to 2022. The economic structure continued to shift in a
positive direction, gradually decreasing the agriculture, forestry, and fishery sectors and
increasing the industrial and service sectors. Specifically: The service sector in 2023

will account for 64.06% of GRDP; industry and construction accounted for 23.65%;
agriculture, forestry and fisheries accounted for only 1.97%; product tax minus product
subsidies accounted for 10.32%.
In the period of 2021 - 2015, Hanoi decided to establish 2 to 5 more industrial
parks to meet the needs of industrial development in the area.
Chart 1. The gross regional domestic product of Hanoi in 2023

Source: Hanoi statistical yearbook, 2023
Among operating enterprises, the number of small and medium-sized enterprises
accounts for 97.2%, of which 85-90% are micro and small enterprises. Although
Hanoi enterprises are large in number, they are limited in business efficiency and

competitiveness. Many businesses face difficulties in capital; only about 35% of
enterprises have access to loans from commercial banks, and the rest use their own
capital or borrow from outside. Production and business activities happen in a densely
populated city. Many businesses cannot expand their scale due to a lack of space. Most
of them operate production and business near residential areas. The shortage of
high-caliber human resources in management and administration is also a challenge
for Hanoi businesses. This is because most small-scale enterprises do not have enough

finance to train and improve professional qualifications for employees. Production

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