Ho Chi Minh City to promptly deploy special mechanisms for faster growth

 

HCM City (VNA) – Politburo member and Secretary of the Ho Chi Minh City Party Committee Nguyen Thien Nhan said the city should quickly deploy the special mechanisms and policies granted to the city for faster development.

Speaking at the opening of the municipal Party Committee’s 15th conference on December 1, Nhan said the National Assembly’s resolution on piloting special mechanisms and policies for HCM City is of significant meaning to the city.

He noted that the resolution is the result of thorough preparations over the past 12 years by the municipal Party organisation.

It is time for the city to tap creativity and uphold solidarity to fuel the city’s development on the back of breakthrough policies, he said.

Participants focused discussions on inspection work of the Standing Board of the municipal Party Committee, the five-year implementation of the action programmes on social policies for the 2012-2020 period, the Vietnam Marine Strategy 2020 and disciplinary measures against officials with wrongdoings.

A report at the conference said the city saw an 8.25 percent increase in gross regional development product (GRDP) compared to 8.05 percent last year. Its total retail and service revenue is estimated at 920.44 trillion VND (40.9 billion USD), up 10.89 percent while exports rose by 15.1 percent to 35.2 billion USD and industrial development index went up 8.48 percent.

The conference will last till December 2.-VNA