HCM City (VNA) – The Ho Chi Minh City Party Committee, tenth tenure, convened its 16th meeting on April 17 to discuss the local socio-economic development in the first quarter of 2018 and a mid-term review plan.

Nguyen Thien Nhan, Secretary of the HCM City Party Committee, chaired the meeting.

During the event, delegates focused their discussion on the implementation of the National Assembly’s Resolution No.54 to pilot special mechanisms and policies for the city’s development, how the city handled complaints over actions of local governmental officials in breach of the Party’s regulations and the State’s law in the first three months, and the five-year implementation of the city’s action plan on climate change response and enhancement of natural resources management and environmental protection.

They also evaluated their mid-term performance over the last two and a half years.

In his remarks, Secretary of the municipal Party Committee Nguyen Thien Nhan said the mid-term review will give a comprehensive assessment of the leadership and management in enforcing the resolution of the municipal Party’s Committee’s Congress for the 2015-2020 tenure. It aims to evaluate what have been achieved since 2015 and outlined shortcomings and lessons learned from that. Solutions for the shortcomings will also be proposed, he added.

Vice Chairman of the municipal People’s Committee Le Thanh Liem delivered a report on the city’s first-quarter socio-economic and cultural development, saying the local economy continued to expand against the same period last year with positive signals in the fields of industry, agriculture and services, business climate improvement and better support for enterprises.

The city’s GRDP hit over 260.3 trillion VND (11.45 billion USD), up 7.64 percent year-on-year, while the total social investment amounted to 65.3 trillion VND (2.87 billion USD), up 8.5 percent. More than 8,000 new businesses were registered with the total capital exceeding 100 trillion VND (4.4 billion USD) and the foreign direct investment was estimated at 1.28 billion USD, he added.

The municipal People’s Committee set ten key tasks for the second quarter, including continued enforcement of Resolution No.54, improving the local economy’s competitiveness and business climate, developing mechanism for capital mobilisation for development, accelerating trade and investment promotion overseas to seek new markets, and ensure social welfare.-VNA