The city targets GDP growth ranging from 10-10.5 percent between 2011 and 2015, 9.5-10 percent in the 2016-2020 period and 8.5-9 percent in the five subsequent years. The GDP per capita will reach $8,430-8,822 by 2020.
In the short term, the city will give priority to upgrading the local infrastructure system and raising its climate change adaptability.
It will also concentrate on developing advantageous fields and fostering economic restructuring with focal points placed on the service, industrial and agricultural sectors.
Especially, services related to banking-finance, trade, logistics, post and telecommunication, information and technology and property will be boosted in the reviewed periods.
Regarding industry, emphasis will be placed on developing mechanical engineering, foodstuffs, and pharmaceutical chemistry and rubber, in addition to clean and energy-saving technologies and support industry.-VNA