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HCM City economy

HCM City economy hits sharpest decline on record: Statistics Office

HCM City economy hits sharpest decline on record: Statistics Office

The HCM City economy shrank by 6.78 per cent in 2021, the sharpest yearly decline on record, according to its Statistics Office, as stringent COVID-19 restrictions took their toll.
Businesses reopen in HCM City, but challenges remain

Businesses reopen in HCM City, but challenges remain

 After months of social distancing the reopening of the HCM City economy on October 1 has brought cheer to both businesses and the public.
HCM City economy remains strong despite COVID

HCM City economy remains strong despite COVID

Despite struggling to cope with a COVID-19 resurgence, HCM City managed to achieve positive economic growth in the first seven months of the year, according to the city Statistics Office.
HCM City sets scorching economic pace in first half

HCM City sets scorching economic pace in first half

HCM City’s economy grew by 7.86 per cent year-on-year in the first half of the year to VND611.5  trillion (US$26.3 billion).
City leaders admit to problems despite fair economic performance

City leaders admit to problems despite fair economic performance

HCM City needs to address shortcomings like low and unstable growth in some sectors and tardy progress in restructuring its economy, the head of its legislature has said.