Hanoi Department of Planning and Investment revealed that in the first nine months of this year, the city’s GDP growth rate was estimated at 10.6 percent, about 1.86 times higher than the same period of last year.

In details, the industry and construction rate increased by 11.4 percent, services up 10.5 percent, agriculture-forestry up 5.6 percent. The city’s retail value rose 32.4 percent year-on-year.

The city has supported to reduce poverty for 13,500 households, creating jobs for 110,000 people and offered vocational training for 10,000 people.

In Q1, the GDP growth rate was posted at 8.7 percent, and in the first six months of 10.1 percent.

The city expected to gain 2010 GDP growth rate of over 10.5 percent. Therefore, in the last half of this year, Hanoi will try to reach the economic growth rate of 11-11.5 percent.