Prime Minister Nguyen Tan Dung has urged Ho Chi Minh City – theeconomic hub of the nation - to sustain its GDP growth with a gradualshift from breadth to further depth in economic development byrestructuring all sectors and adopting technological advances in bothindustry and farming.
Holding a working session in the city onDecember 7 with the municipal authorities about its 2013 socio-economicand cultural performances and tasks for 2014-2015, the PM insisted onmacro-economic stability with inflation hovering about 7 percent in thenext two years, during which the gold market and value of Vietnamesedong must be stabilised .
He demanded that the city retain its price stabilisation scheme and liquidity in the banking sector improve.
He asked for strong actions to achieve next year’s goals as theglobal economy is expected to perform better than this year and HCMCity is in a good position to move forward against the backdrop of arecovering home economy and socio-political stability, he said.
Dung also hailed what the city has gained from 2011-2013, with anannual economic growth of 9.6 percent, 1.74 times higher than thecountry’s average. Social welfare, education, health care and employmenthave also fared well.
According to Chairman of themunicipal People’s Committee Le Hoang Quan, the gross domestic product(GDP) per capita hit over 4,500 USD in late 2013, 1.4 times higher thanthe 3,200 USD recorded in late 2010.
Over the past threeyears, the city’s economic structure has witnessed a shift to morehigh-value and competitive sectors like finance-banking-insurance,tourism, post and telecommunications, science-technology, education andhealth care, reported Chairman of the municipal People’s Committee LeHoang Quan.
Its goods and service sales grew by 17.6 percent,earning over 1.6 trillion VND (76 million USD) while the consumer priceindex rose by 6.9 percent, lower than the nation’s average of 9.15percent.
Quan informed the Government leader that around 1.4million households, or 89 percent of the local population, have accessto clean water supplies. In rural areas, the rate reached 99.2 percent.
In the next two years, the city plans to achieve a GDP growthof 10.5-11 percent. The annual value-added growth of the service,industry and agriculture sectors is estimated at 12.5 percent, 9 percentand 5 percent respectively.
Vice Chairwoman of the municipalPeople’s Committee Nguyen Thi Hong also briefed the PM of localpreparations for the upcoming lunar New Year.-VNA
Holding a working session in the city onDecember 7 with the municipal authorities about its 2013 socio-economicand cultural performances and tasks for 2014-2015, the PM insisted onmacro-economic stability with inflation hovering about 7 percent in thenext two years, during which the gold market and value of Vietnamesedong must be stabilised .
He demanded that the city retain its price stabilisation scheme and liquidity in the banking sector improve.
He asked for strong actions to achieve next year’s goals as theglobal economy is expected to perform better than this year and HCMCity is in a good position to move forward against the backdrop of arecovering home economy and socio-political stability, he said.
Dung also hailed what the city has gained from 2011-2013, with anannual economic growth of 9.6 percent, 1.74 times higher than thecountry’s average. Social welfare, education, health care and employmenthave also fared well.
According to Chairman of themunicipal People’s Committee Le Hoang Quan, the gross domestic product(GDP) per capita hit over 4,500 USD in late 2013, 1.4 times higher thanthe 3,200 USD recorded in late 2010.
Over the past threeyears, the city’s economic structure has witnessed a shift to morehigh-value and competitive sectors like finance-banking-insurance,tourism, post and telecommunications, science-technology, education andhealth care, reported Chairman of the municipal People’s Committee LeHoang Quan.
Its goods and service sales grew by 17.6 percent,earning over 1.6 trillion VND (76 million USD) while the consumer priceindex rose by 6.9 percent, lower than the nation’s average of 9.15percent.
Quan informed the Government leader that around 1.4million households, or 89 percent of the local population, have accessto clean water supplies. In rural areas, the rate reached 99.2 percent.
In the next two years, the city plans to achieve a GDP growthof 10.5-11 percent. The annual value-added growth of the service,industry and agriculture sectors is estimated at 12.5 percent, 9 percentand 5 percent respectively.
Vice Chairwoman of the municipalPeople’s Committee Nguyen Thi Hong also briefed the PM of localpreparations for the upcoming lunar New Year.-VNA
