Growth quality in focus at HCM City People’s Council session

The Ho Chi Minh City People’s Council opened the fifth session in the ninth tenure on July 4 with the quality of local economic growth among issues high on the agenda.
Growth quality in focus at HCM City People’s Council session ảnh 1The Ho Chi Minh City People’s Council opened the fifth session in the ninth tenure on July 4 (Photo: VNA)

HCM City (VNA) – The Ho Chi Minh City People’sCouncil opened the fifth session in the ninth tenure on July 4 with the qualityof local economic growth among issues high on the agenda.

Opening the session, Chairwoman of the People’sCouncil Nguyen Thi Quyet Tam said the local political and social situation wasensured while important socio-economic achievements were obtained in the firsthalf of 2017.

Aside from the attainments, the city is alsoworking hard to tackle existing problems such as limited resources fordevelopment investment, unsustainable growth and mechanisms and policies notproviding enough momentum for development. Flooding, traffic congestion,pollution, urban management, administrative reform, food safety, corruption,crimes also remain issues of public concern.

That fact has hampered HCM City’s developmentand affected local residents’ living standards, she noted.

She asked members of the People’s Council todevise solutions to improve economic growth quality so as to achieve the grossregional domestic product (GRDP) target of 8.4 – 8.7 percent in 2017. 

They also need to look into ways to restoreorder on both roads and pavements, make breakthroughs in administrative reformwhile ensuring social welfare and social order and safety, Tam added.

Reporting on the local socio-economic developmentin the year’s first half, Vice Chairman of the municipal People’s Committee LeThanh Liem said HCM City’s economy continued to grow at a faster pace than thesame period of 2016 with a GRDP growth rate of 7.76 percent.

The implementation of a plan on developing500,000 enterprises by 2020 has created a more favourable business climate,resulting in the establishment of more than 20,000 companies. Foreign directinvestment reached 2.3 billion USD, doubling the figure in last year’scorresponding period.

Liem said in the remaining six months, the citywill continue to drastically carry out socio-economic development solutions. Itis determined to gain a GRDP growth rate of 8.4 – 8.7 percent, have 50,000 newfirms set up, and promote its Public Administration Performance Index,Provincial Competitiveness Index and Public Administration Reform Index.

The fifth session of the municipal People’sCouncil is scheduled to last through July 6.-VNA
VNA

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