Vietnam Hanoi to Spend VND92.68T on New Rural Development by 2025

Vietnam’s capital city of Hanoi will spend as much as VND92.68 trillion ($3.99 billion) on developing new-style rural areas in 2021-2025, up 15% compared to the previous five-month period, local media reported. The figure is comprised of VND83.7 trillion from the state budget and VND8.98 trillion from off-state-budget sources. As of end-2020, Hanoi had 355 out of 382 communes recognized as new-style rural areas. (Ha Noi Moi,