Resolution 98/2023/QH15 on special mechanisms and policies for the development of HCMC is expected to solve long-standing obstacles and difficulties to create a premise for the city to enter a new period of development.

Mr. Nguyen Van Hieu, Alternate Member of the Party Central Committee, Deputy Secretary of the Ho Chi Minh City Party Committee, said that HCMC would continue to promote the spirit of developing for and with the country.

In 2023, the city is determined to successfully implement its yearly socio-economic goals and realize part of the 2021-2025 key development tasks.

Hanoi, HCM City and several other localities can be proud of always being at the top of rankings on budget collections, FDI attraction, competitiveness, and people’s wealth.

Hanoi will take advantage of a shift in investment capital worldwide to attract foreign direct investment into the city.

Ben Tre is the homeland of coconuts. It also has shrimp production and the largest seedling gardens in the country. With such treasures, the province could develop these into multi-billion dollar products.

“What should we do – continue to complain about difficulties to get subsidies from the state budget, or become self-reliant to rise up,” said Ben Tre Provincial Party Committee Secretary Phan Van Mai.

A 10-member working group to promote digital economic development has been established by the Ministry of Information and Communications (MIC), led by Deputy Minister Nguyen Huy Dung.

The central city of Da Nang saw its GRDP for the first half of the year contract by 3.61 percent from the same period in 2019, the first time since the city became a centrally-run locality in 1997.

The People’s Committee of Ho Chi Minh City unveiled the top 10 events of the southern metropolis in 2019 at a recent press conference.

Ho Chi Minh City People's Committee has officially announced ten outstanding events in 2019 in economic field, society, culture, national defense and security and diplomacy.

HCM City has set a target of achieving a growth rate of 8.5 per cent for Gross Regional Domestic Product (GRDP) next year, with total private investment accounting for 35 per cent of GRDP.

 PM meets French Communist Party, companies’ representatives; President seeks new rural development; Assembly of the Francophone meets for Asia-Pacific meeting in HCM City