HCM City will continue to speed up the disbursement of public funds and seek to increase budget revenue for the remaining months of the year, the chairman of the municipal People’s Committee has said.
Ho Chi Minh City’s economic growth in the first quarter was only 0.4 percentage points higher than in the same period last year, Nguyen Thanh Phong, Chairman of the municipal People’s Committee, told a recent online meeting.
Foreign and domestic investment in HCM City has significantly increased and industrial production remains robust, a meeting to review the city’s socio-economic development in the first 10 months of this year on October 30 heard.
The Dong Hanh Scholarship Fund in Singapore (Dong Hanh Singapore) on January 15 organised a Gala Dinner to raise scholarship funds for disadvantaged Vietnamese students.
The slowdown in retail and manufacturing sectors has reduced the speed of HCM City’s economic engine despite significant gains in services, trade, industry and agriculture.
The HCM City economy has maintained an increasingly positive trend and a stable economic growth in the first 11 months of the year, creating favourable conditions for the year's socio-economic targets
Thirteen years after it opened, the SaiGon Hi-tech Park (SHTP) has achieved total sales of 13.6 billion USD, including 13.5 billion USD in export value.
Ho Chi Minh City has sustained steady economic growth in August though hit by a spate of difficulties, the municipal People’s Committee said at a meeting discussing local socio-economic situation on
The HCM City economy has
recovered completely and is back at the point where it was before the
economic crisis, city legislators told the opening session of the
People's Council on Dec. 7.
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