The contribution proportion of Ho Chi Minh City to the national economy has been steadily increasing over the past 25 years. In the period from 2011 to 2019, this city created the added value 35 times higher than the national average.
Ho Chi Minh City also plays an leading role in the budget contribution, with the contribution of about 26% of the national budget in the period of 2011-2019.
This city has launched new models in economic development such as the hi-tech park, the software park or the new creative urban area …
As a result, the city always remains innovative and pioneering in the economic field.
During the outbreak of Covid-19, the city has suffered many strong impacts, which directly affected the socio-economic development. Many economic sectors have low growth or even decrease compared to the same period of 2019.
However, with the efforts of the whole political system and all classes of people, the socio-economic situation of Ho Chi Minh City still has many bright spots, which creates a premise for the better recovery and growth in the coming time./.
