Ho Chi Minh City economy maintains stable development
(VOVworld)
– Deputy Prime Minister Vu Van Minh on Tuesday hosted a working session with Ho
Chi Minh People’s Committee on the city’s socio-economic development in the
first 5 months and the privatisation of state-run enterprises.
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Deputy Prime Minister Vu Van Minh at the working session with Ho Chi Minh People’s Committee on Tuesday. (Photo: VGP)
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In the first 5
months, the city’s socio-economic development has progressed stably as the
city’s budget achieved 46 per cent of this year’s plan. Export turn-over reached
2.8 million USD and the total of Foreign Direct Investment (FDI) capital is 739
million USD, more than 21 per cent and fourth times larger in comparison to the
same period last year respectively. 79 state-run enterprises were privatised and
30 enterprises are scheduled to be privatised in the next two years.
The
Deputy Prime Minister hailed the city’s attraction for FDI and asked for the difficulties
of 30 enterprises in their privatisation plans to be addressed and the city’s
plan to deal with these difficulties so that Central agencies could help the
city to accomplished planned targets.