HCM intensifies efforts to complete socio-economic development goals

HCM City intensifies efforts to complete socio-economic development goals

Ho Chi Minh City is exerting more efforts to complete the 2019 socio-economic development goals, heard a meeting of the municipal Party Committee on October 2.
HCM City intensifies efforts to complete socio-economic development goals ảnh 1A corner of dynamic Ho Chi Minh City (Photo: VNA)

HCM City (VNA) – Ho Chi Minh City isexerting more efforts to complete the 2019 socio-economic development goals,heard a meeting of the municipal Party Committee on October 2.

Politburo member Nguyen Thien Nhan, Secretary ofthe municipal Party Committee, chaired the 32nd meeting of the 10th-tenure municipalParty Committee.

Vice Chairman of the municipal People’sCommittee Tran Vinh Tuyen reported that the city’s economy continued growing inthe first nine months of 2019 with the gross regional domestic product (GRDP)estimated at over 1 trillion VND (43.1 million USD), up 7.81 percent.

In January-September, the State budget collectionproved effective, surpassing 287 trillion VND, up 7.23 percent, fulfilling 71.9percent of the yearly projectioni. The total retail sales of goods and servicesrose by 11.9 percent over the same period last year. The export turnoverexceeded 31 billion USD, a yearly rise of 10.5 percent.

During the period under review, the citywelcomed over 6.2 million foreign tourists, up 14.3 percent year-on-year. Itdrew 5.43 billion USD of foreign investment, a year-on-year increase of 3.48percent.

The positive results were attributed to localefforts in removing difficulties for investors and speeding up theimplementation of projects.

Local authorities also visited businesses tocollect their opinions to improve investment environment, business production,and competitiveness as well as address public matters.

According to Tuyen, the city proactivelycoordinated with ministries to unlock bottlenecks in the implementation of keyprojects.

So far this year, it has held 10 internationalworkshops and conferences on various fields such as artificial intelligence,schemes to develop trees, parks, public lighting, human resources training, andsmart tourism.

The city is also focusing on administrativereform and striving to build itself into a smart urban area./.
VNA

See more

Consumers shop at the WinMart Vo Thi Sau supermarket in Hanoi's Hai Ba Trung district. (Photo: VNA)

Hanoi keeps CPI well under control

The CPI for the first quarter of 2025 increased by 2.75% compared to the same period last year, indicating that inflation remains well under control.

Vietnam’s KRX trading system is set to go live on May 5. (Photo: VietnamPlus)

Vietnam to launch KRX trading system on May 5

The KRX system is currently in its final testing phase before full implementation. During this period, securities firms are conducting simulated trading sessions as if on a normal trading day.

Vietnam has proactively reviewed and adjust tariffs, particularly on US imports, as part of efforts towards balanced trade relations. (Illustrative photo - Source: VNA)

Vietnam reviews, adjusts import tariffs to promote trade balance

The Ministry of Finance is now working closely with other agencies to evaluate policy options that support businesses. Possible solutions include market diversification, supply chain optimisation, and leveraging opportunities from Vietnam’s existing free trade agreements.

Illustrative photo (Photo: VNA)

Retail petrol prices up in latest adjustment

Under the new pricing structure, E5 RON92 and RON95-III have increased by 341 VND and 495 VND per litre to a maximum of 20,373 VND (0.79 USD) and 20,919 VND per litre, respectively.

The Lumitel brand is being promoted on walls across Burundi. (Photo: Viettel)

Lumitel – A bright spot in Vietnam-Burundi collaboration

After a decade of operations, Lumitel has become the leading telecommunications provider in Burundi and one of the largest contributors to the Burundian government's budget, providing stable employment for over 60,000 workers and indirectly creating around 100,000 jobs.

Belarusian Deputy Prime Minister Anatoly Sivak speaks at the forum. (Photo: VNA)

Ample room remains for Vietnam - Belarus trade cooperation

To further develop the Vietnam-Belarus economic and trade relationship, it is essential to enhance trade promotion and investment initiatives such as trade fairs, forums, thematic workshops, and trade connections, which serve as an important bridge for businesses from both sides to meet, connect, and seek cooperation opportunities.

The 5th Exhibition of Ho Chi Minh City and Friendship Provinces and Cities in Savannakhet takes place from April 2 to 6. (Photo: VNA)

Vietnam, Laos boost trade at Savannakhet expo

Vice Governor of Savannakhet Saensak Soulisak highlighted the exhibition’s role in expanding trade collaboration, enabling businesses to connect, share experience, and explore investment prospects. He also noted its significance in promoting local products to a wider market.

Visitors at the exhibition (Photo: VNA)

Vietnam Expo 2025 opens, spotlighting digital transformation, innovation

This year’s edition, themed “Step together in a digitised world,” has attracted around 400 businesses from 18 countries and territories, with over 500 booths. Alongside traditional networking, it introduces online business-to-business (B2B) matching, enabling year-round connections.

Prime Minister Pham Minh Chinh speaks at the second meeting of the National Steering Committee for building the private economic sector development project (Photo: VNA)

Private sector encouraged to join major national programmes, projects

It must fully unleash the productive capacity and resources of the country through the private sector; mobilise all private resources for national development; harness the effectiveness of internal forces, including human, natural resources, history, and culture, while effectively combining them with external resources such as capital, technology, human resources, and management experience, he said.

At the annual Vietnam-Cambodia business dialogue in Phnom Penh on April 4 (Photo: VNA)

Annual Vietnam-Cambodia business dialogue held in Cambodia

The annual business dialogue in Cambodia attracted around 150 delegates, including Vietnamese businesses and Vietnamese-origin companies operating in Cambodia across various sectors such as finance, banking, insurance, telecommunications, agriculture, construction, interior design, food services, transportation, logistics, trade, healthcare, and tourism.