Ho Chi Minh City targets 7.5% growth by accelerating public spending, boosting consumption, and expanding export markets.

Ho Chi Minh City aims for 7.5% growth this year by speeding up public spending, boosting consumption, and expanding export markets. The city has disbursed only 14.9% of its annual public investment plan in the first seven months and must accelerate disbursements to reach the target. Export markets like the US and China are expected to grow, but challenges could affect recovery. To improve total demand, HCMC will prioritize high-tech and green industries, and promote domestic consumption and investment.

August 04, 2024
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