Hanoi 2030 trade village development
The city will restore 21 and build 17 new trade villages as part of its tourism development scheme.
The capital will invest more than VND8.5 trillion ($420 million), support trade villages by opening tours to the villages and creating a tourist market, and connecting them with systems of supermarkets and trade centres.
According to the plans, the villages will make up 8.4 per cent of the city’s total industry and handicraft by 2015, increasing to 8.9 per cent by 2030.
In the coming time, city authorities will restrict the unplanned expansion of trade villages. At the same time, Hanoi will gradually move them to industrial zones to protect the environment and ensure social security.
The development of trade villages will create 200,000 new jobs, increasing the sector’s total workforce to 1 million. Average annual income for labourers is expected to be 25-VND30 million by 2015, 35-VND40 million by 2020 and 50-VND60 million by 2030.
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