Illustrative image (Photo: VNA)

HCM City (VNA) – 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.

The investment was made under a trade cooperation programme between the southern metropolis and these localities.

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

Under the programme, HCM City and the localities worked together to carry out trade promotion activities, and developed goods distribution systems and supply chains.

The connectivity has contributed to meeting consumption demands of HCM City’s residents while promoting goods production in the localities, especially agro-forestry-fishery products.-VNA