High growth rates of industrial production, trade and services, and State budget collection in the January-October period reflected strong economic activities.
HCM City authorities have urged the city’s Department of Planning and Investment to propose solutions to achieve a Gross Regional Domestic Product (GRDP) of between 8.4 and 8.7 per cent this year.
HCM City has maintained economic growth in the first seven months of
2014, with increases in wholesale and service turnover, and expansion of
industrial production, heard a meeting to review socio-economic
development of HCM City yesterday.
The HCM City administration has promised to implement a series of
measures that will focus on the quality of economic growth rather than
merely numbers.