In Q1/2025, Hanoi's state budget revenue was estimated to gain 69% on-year to VND250 trillion (US$9.6 billion), reported Nguyen Xuan Luu, Director of the Hanoi Department of Finance, on April 25.

The figure was equal to nearly half of the full-year target set by the city at the beginning of the year.

According to Luu, Hanoi's Gross Regional Domestic Product (GRDP) grew by 7.35% in the first quarter, surpassing the same period's target of 5.44% and exceeding the early-year forecast of 7.21%.

Other indicators such as the industrial production index, total retail sales, service revenue, and development investment capital also showed strong growth.

Tourism in the capital experienced a notable rebound, with total visitor arrivals increasing by 18.7% year-on-year to more than 1.8 million. Among these, international tourist arrivals reached 1.3 million, up 17.29%.

Urban and rural transport infrastructure development remains a key focus. The city government has directed the rapid implementation of major projects.

One of the most prominent is the Ring Road 4 – Capital Region project, which has gradually taken shape more than a year after its groundbreaking. As of April 3, 2025, 15% of the project's allocated capital had been disbursed, with Hanoi disbursing 56% of its share.

The city has disbursed 51% of the capital for the first phase of the Hoang Cau – Voi Phuc section of Ring Road 1, 14% for the upgrade of National Highway 6 from Ba La to Xuan Mai, and 25% for the Thang Long Boulevard extension linking National Highway 21 to the Hanoi-Hoa Binh expressway.

In 2025, Hanoi plans to begin construction of three new bridges over the Red River, namely Tu Lien, Tran Hung Dao, and Ngoc Hoi.

The Yen Xa wastewater treatment project has made significant progress. The sewage pipeline transferring wastewater from the To Lich River to the treatment plant has been mostly completed. The plant itself has entered its trial operation phase and will be tested throughout the first half of 2025.

In terms of governance, Hanoi has merged and reorganized eight departments and equivalent agencies, reducing the number of departments to 15 (down by six from 2024) and retaining one agency with department-level authority – the management board for high-tech and industrial parks.

All departments and agencies in the city have registered to provide open data and have made 45 datasets available to support the development of a digital government, digital economy, and digital society.

To streamline administrative procedures, the city has launched a "green lane" mechanism for 10 key infrastructure projects. These are required to be processed within 24 hours of receiving a complete application.

Communication channels including hotlines, websites, email, Facebook, and Zalo have been set up to handle complaints about delays. Agencies must respond or redirect cases to the relevant authority within 48 hours.

The city has been allocated VND87 trillion ($3.3 billion) in public investment capital for 2025, 1.13 times higher than the 2024 plan and accounting for 10.5% of the national total.

In Q1, Hanoi disbursed nearly VND8 trillion ($307.6 million), or 9.1% of the plan. This includes VND8.8 billion ($340,000) from the central budget (0.06% of its plan) and more than VND7.9 ($304 million) trillion from the local budget (10.9% of its plan).

In Q2, Hanoi will continue reviewing and refining functions and tasks, streamlining its organizational structure, and restructuring its civil service to better meet development demands.

Agencies will revise internal regulations and procedures to ensure reorganized units operate more efficiently and effectively.

The city will also develop implementation plans for the Central Committee's Conclusion No.137-KL/TW dated March 28, 2025, on restructuring administrative units and the two-level local government model.

Hanoi will also continue improving its business environment and support the private sector. The city is committed to enforcing administrative reforms that shorten processing times and facilitate GRDP growth of at least 8% for 2025.