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Image: HCMC seen as pivotal region

HCMC seen as pivotal region

The importance of HCMC does not solely rest on the proportion of the city’s GRDP in the nation’s GDP, but also on the dispersion of the end demand and production of the city to other localities in the country. The Government has issued Resolution 38/NQ-CP proposing the formulation of a National

Image: HCMC’s business confidence predicted to improve in Q2

HCMC’s business confidence predicted to improve in Q2

HCMC – In contrast to bleak financial prospects in the January-March period, reflected in the city’s gross regional domestic product expansion of a mere 0.7%, the financial picture may become bright in the year’s second quarter. Citing data from the HCMC Statistics Office survey, Bui Ta Hoang Vu,

Image: HCMC’s GRDP edges up 0.7% in Q1

HCMC’s GRDP edges up 0.7% in Q1

HCMC – HCMC’s gross regional domestic product (GRDP) expanded a mere 0.7% in the first quarter of this year, the lowest among five centrally-governed cities, showed official data. In January-March, the industry-construction sector contracted by 3.6%, accounting for a fifth of the city’s GRDP,

Image: Politburo wants HCMC’s GRDP per capita to reach US$14,500 by 2030

Politburo wants HCMC’s GRDP per capita to reach US$14,500 by 2030

HCMC – Party General Secretary Nguyen Phu Trong has signed Resolution 31-NQ/TW targeting HCMC’s annual growth of 8-8.5% and gross regional domestic product (GRDP) per capita of US$14,500, the Vietnam News Agency reported. The resolution sets an orientation for HCMC’s development by 2030, with a

Image: HCMC’s GRDP grows over 9% in 2022

HCMC’s GRDP grows over 9% in 2022

HCMC – HCMC’s gross regional domestic product (GRDP) has expanded 9.03% in 2022, according to the municipal Statistical Office. All three main components of the city’s economy have reported a rise. Specifically, the agro-forestry-fishery sector improved by 3.74%, the industry-construction sector