HCMC’s exports plunged to a 22-year low due to a nearly 17% year-on-year drop in the first quarter of this year, exposing the local manufacturing and export sectors to formidable challenges. Along with their efforts, businesses are seeking practical and timely support policies from the Government
In the past decade (2012-2022), the number of dollar millionaires in Ho Chi Minh City has increased by 82%.
Industrial production and commercial-service activity fell sharply as 2022 came to a close, indicating a daunting year ahead for HCMC’s economy. Amid mounting challenges, internal momentum in the city’s core industries seems to be essential to retain its economic vibrancy. Evaluating economic