Representatives from central agencies and Hanoi attend the meeting. Hanoi, (VNA) – Over the past 40 years of national renewal, Hanoi's economy has transformed from a subsidised economy to a socialist-oriented market economy, with mechanisms and policies for market development being steadily improved, thus enhancing the capital city’s position in the international arena, said Deputy Secretary of the Hanoi municipal Party Committee Nguyen Van Phong.
Hanoi has gained outstanding achievements in cultural development, education and training, and science and technology, Phong said at a conference on October 17 to summarise theoretical and practical issues to the socialist-oriented renewal over the past 40 years in the city.
Hoan Kiem lake in the centre of Hanoi.(Photo: VNA)Health care has improved and social security has been guaranteed, while administrative procedures have been reformed and the investment environment has improved significantly. The potential and strength of national defence has been improved, he added.
In addition, Hanoi has expanded its relationships with many capitals and major cities around the world, he further said.
Based on its achievements over the past 40 years, the Hanoi Party Committee will work on priorities for the new development period.
Addressing the event, Nguyen Xuan Thang, Politburo member, Chairman of the Central Theory Council and Director of the Ho Chi Minh National Academy of Politics, said over the past 40 years, the capital city has made breakthroughs that show its long vision.
He highlighting Hanoi’s breakthough innovations such as expanding administrative boundaries along with focusing on human resources and cultural industry development, and promoting science, technology and innovation./.
