HCM City invests over 30 trillion VND in southern localities

Ho Chi Minh City’s firms have invested over 30.11 trillion VND (1.29 billion USD) in production facilities, factories and farms in southern localities over the past seven years, the municipal People’s Committee has said.

Illustrative image (Photo: VNA)


HCMCity (VNA) – Ho Chi Minh City’s firms have invested over 30.11trillion VND (1.29 billion USD) in production facilities, factories and farms insouthern localities over the past seven years, the municipal People’s Committeehas said.

Theinvestment was made under a trade cooperation programme between the southern metropolisand these localities.

Besides,HCM City has provided about 3 trillion VND (129 million USD) for farmers eachyear in support of their production.

Underthe programme, HCM City and the localities worked together to carry out tradepromotion activities, and developed goods distribution systems and supplychains.

Theconnectivity has contributed to meeting consumption demands of HCM City’sresidents while promoting goods production in the localities, especiallyagro-forestry-fishery products.-VNA
VNA

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