HCM City targets economic growth of 83.-8.5 pct in 2019

The People’s Committee of Ho Chi Minh City - the country’s southern largest economic hub – has unveiled several ambitious targets for 2019.
HCM City targets economic growth of 83.-8.5 pct in 2019 ảnh 1HCM City is striving to develop its urban infrastructure to provide safe water, control flooding and reduce traffic congestion. (Photo: thesaigontimes.vn)

HCM City (VNA) - The People’sCommittee of Ho Chi Minh City - the country’s southern largest economic hub – hasunveiled several ambitious targets for 2019.

The targets included administrative reform,e-governance, improvement in public administration, creation of a healthybusiness environment, encouragement for innovation, start-up, and mitigatingclimate change, flooding, traffic congestion, and pollution.

The city aims to achieve 8.3-8.5 percentgrowth and have 46,200 new enterprises in 2019, Le Thanh Liem, Vice Chairman ofthe municipal People’s Committee, told  ameeting on January 4 to deploy socio-economic tasks this year.

Liem said 130,000 jobs would be created andpoverty would be reduced by 0.7 percent. Of the city’s workforce, 83 percentwould have been trained and the jobless rate will be under 3.8 percent, headded.

Around 8 million square metres of housingspace would be added in 2019, and each resident would have an average of 20sq.mof space, he said.

The city will have 19 doctors and 42 beds forevery 10,000 persons and 100 percent of the population will have healthcareinsurance, Liem said.

All households would get clean water andgroundwater use would be only 25 percent of the 2018 level, he said.

Liem told the meeting that hundred percent ofhousehold solid waste and industrial wastewater will be treated as will 98 percentof hospital wastewater. The city will try to enter the top 20 in the Public Administration Performance Index, top 10 in the Public Administration Reform Index and top five in the ProvincialCompetitiveness Index.

Meanwhile, Chairman of the municipal People’sCommittee Nguyen Thanh Phong said the city collected 378.5 trillion VND (16.3billion USD) for the state budget, 0.47 percent higher than the target. Thefigure is estimated to rise to 399.1 trillion VND (17.2 billion USD).-VNA
VNA

See more

Furusawa Yasuyuki, General Director of AEON Vietnam Company Limited, speaks at a meeting with Can Tho city's leaders. (Photo: VNA)

Can Tho creates enabling environment to attract Japanese investors

The Mekong Delta city of Can Tho is committed to creating the best possible conditions for Japanese companies to study, invest and develop projects, Standing Vice Chairman of the municipal People’s Commitee Duong Tan Hien said at a January 20 meeting with representatives from the Japanese Embassy and businesses in Vietnam.

Representatives of the Vietnamese Ministry of Industry and Trade and the Office of the US Trade Representative sign an agreement regarding anti-dumping on Vietnamese fish fillets on January 20 (Photo: moit.gov.vn)

US anti-dumping duty removed from Vietnamese fish fillets

A bilateral agreement between the Vietnamese and US Governments regarding anti-dumping duties on Vietnamese fish fillets was signed on January 20, marking the end of relevant disputes in Case DS536 at the World Trade Organisation (WTO).

The red carps for the ritual remain reasonably priced at 25,000-75,000 VND for three fish, depending on sizes. (Photo: VNA)

Hanoi markets bustle as residents prepare for Kitchen Gods’ Day

Markets across the capital city of Hanoi are teeming with fresh produce and traditional offerings as locals are preparing to bid farewell to the ong Cong (Land Genie) and ong Tao (Kitchen Gods) to the heaven, an important precursor to the Tet (Lunar New Year) celebrations.

Illustrative image (Photo: cafef.vn)

Banks step up capital mobilisation policies

Many banks have promoted capital mobilisation policies right from the beginning of 2025 to improve financial strength and meet the credit demand that is forecast to increase sharply this year.

Illustrative image (Photo: VinFast)

VinFast officially enters India market, unveils two EVs

Vietnamese electric vehicle manufacturer VinFast has unveiled two all-electric B-segment and C-segment SUVs, VF6 and VF 7, that will be sold in the Indian market within the framework of the Bharat Mobility Global Expo 2025 on January 18.

WEF’s Head of Regional Agenda for Asia-Pacific Joo-Ok Lee. (Photo: VNA)

WEF expert believes in Vietnam’s new era

As the world transitions into a new era, Vietnam is emerging as a key player in multilateral cooperation mechanisms and a beacon of growth and development, said the World Economic Forum (WEF)’s Head of Regional Agenda for Asia-Pacific Joo-Ok Lee.

VinFast's green bus fleet is ready to supply to three transport companies. (Photo: VNA)

VinFast launches new e-bus model

VinFast, a leading Vietnamese electric vehicle manufacturer, on January 17 launched a new electric bus model with the capacity to carry up to 60 passengers.