HCMC strives for GRDP growth rate of 8% - HCMC strives for GRDP growth rate of 8% - Website Ho Chi Minh City
On September 29, HCMC People’s Committee organized the preliminary summing up of implementation of socio-economic-cultural-national defense-security missions, budget collection and spending situation in the first 9 months of 2016. The summing up was chaired by Chairman Nguyen Thanh Phong.
In a report, Director of Planning and Investment of HCMC Su Ngoc Anh said the city’s socio-economic development situation in the first 9 months is very positive with GRDP growth rate of VND 732,437 billion, up 7, 76% compared to the same period of last year. With such a growth rate, it is expected that the city will reach target of GRDP growth rate of 8% as planned.
Consumer price index in the first 9 months of 2016 is well controlled with an average increase of 1, 38% compared to the same period of last year, goods demand and supply were well-ensured. The city’s budget revenue reaches 73, 46% of the plan, up 10, 2% compared to the same period of last year. Banking and credit activities maintains smoothly. There is sign of positive changes in domestic and foreign investment. Export volume slightly increases with US$ 20, 84 billion excluding crude oil, up 7, 5% compared to the same period.
In a conclusion, Chairman Nguyen Thanh Phong requested departments-agencies-districts and related enterprises to bring into play achieved results, to quickly overcome shortcomings maintained in the last 9 months, carrying out tasks and solutions issued by the city in the last 3 months of 2016 to achieve the targets of socio-economic development, to create development motivation for following years and to successfully implement the city’s 10th Party Resolution.