Hanoi, the capital of Vietnam, has a GDP of 31.2 billion, which is the level in China

Mondo Finance Updated on 2024-03-07

Vietnam, a neighboring country of China, has a long and narrow land area of about 330,000 square kilometers, and many people have known Vietnam as tourism in recent years, and it has become the world's processing factory. But there are many people who still don't know much about the capital of Vietnam, and today we will take a look at what a real Vietnamese capital looks like.

The capital of Vietnam, which many people think is Ho Chi Minh City, is the most economically developed city, but it is actually Hanoi, the second largest city in Vietnam. Hanoi is actually underdeveloped, and Ho Chi Minh City, located in the Mekong River Basin, is the most prosperous place in Vietnam. Ho Chi Minh City's GDP in 2017 was 5039.4 billion US dollars, equivalent to 308.9 billion yuan, and Ho Chi Minh has the same presence in Vietnam as Shanghai, China. In 2017, Hohhot, ranked 68th in China, had a GDP of 310 billion yuan, which is the situation of Vietnam's largest city.

What about Hanoi, Vietnam? In 2017, Hanoi's GDP was only 31.2 billion US dollars, equivalent to 212.8 billion yuan, which is a little far from Ho Chi Minh City, in China's major cities, it is not too high, probably about the 100th in China's urban GDP ranking, because China's GDP ranks 100th city is Jiaozuo, Henan, with a GDP of 239.5 billion yuan, so the level of Hanoi is still a short distance from Jiaozuo in Henan, China. Hanoi's per capita GDP is only $4,031, less than half of our country's per capita GDP. This is the real capital of Vietnam, Hanoi.

Hanoi, located in the Red River Delta in northern Vietnam, covers an area of 3,340 square kilometers and has a population of 7.56 million, making it the second largest city in Vietnam. Hanoi is an ancient city with a history of more than 1,000 years, and the area around Hanoi began to be inhabited about 3,000 years ago. It has been the political, economic and cultural center of Vietnam since the 11th century, and is rich in historical relics and places of interest, and is known as the "Land of Cultural Relics for a Thousand Years".

Similar to Ho Chi Minh, Hanoi's real estate market is developing rapidly. The rate of economic growth in Hanoi does not match the level of its infrastructure. The overpopulation creates a great demand for housing, yet the pace of construction of transportation systems and new urban areas is seriously lagging behind. Therefore, the high temperature of real estate is believed to be difficult to subside. In 2017, the average price of real estate in Hanoi was 1,344 US dollars per square meter, equivalent to about 9,261 yuan, and it is expected that in 2018, the housing price in Hanoi will soon exceed 10,000 yuan, which is really high for Vietnam's per capita GDP.

In recent years, Hanoi's infrastructure has been upgraded and upgraded, with new roads and a continuous improvement of the public transport system. The area of the city has expanded from 152 square kilometers in 1954 to more than 1,000 square kilometers. Nowadays, Hanoi is becoming a tourist destination for people.

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