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HCMC determined to fulfill 2019 economic targets
The Saigon Times Daily
Tuesday,  Oct 22, 2019,19:20 (GMT+7)

HCMC determined to fulfill 2019 economic targets

The Saigon Times Daily

HCMC Chairman Nguyen Thanh Phong. The city must fulfill the budget collection target as soon as possible and work out more effective measures for the growth of each sector, HCMC Chairman Phong said - PHOTO: VNA

HCMC – HCMC’s gross domestic product (GDP) grew 7.8% in January-September, while the full-year target was set at 8.3%-8.5%, according to the city government.

The city must fulfill the budget collection target as soon as possible and work out more effective measures for the growth of each sector, HCMC Chairman Nguyen Thanh Phong told a conference held today, on October 22, to discuss key tasks for the rest of the year.

Phong asked the Department of Natural Resources and Environment to work with the relevant departments and agencies to speed up work on projects in the city and deal with any hindrances to these projects to avoid affecting firms and the business environment.

Phong also told leaders of districts to review delayed projects to remove the bottlenecks they face as soon as possible, VietnamPlus news site reported.

Recently, the central Government passed a resolution allowing the city to pilot the procedures to reduce the time needed for site clearance. The HCMC Department of Natural Resources and Environment is preparing to ask the city government to remove bottlenecks in land price appraisal.

Meanwhile, under the National Assembly’s Resolution 54 which allows the city to embrace a special mechanism on a pilot basis, the department reported on 32 projects to change the purpose of agricultural-land use for a total of 2,000 hectares to the city government.

These projects are in the process of handing over land and calculating land use fees. Payment of land use fees will be completed in 2020.

As for the disbursement of public investment, representatives of the city’s districts said that the pace of disbursement was slow due to obstacles related to site clearance compensation and compensation levels.

Many projects have been put into operation, but payments for compensation have yet to be made.

Speaking at the conference, Le Thi Huynh Mai, director of the municipal Department of Planning and Investment, noted that in the year to September 30, the city’s disbursement had met over 40% of the year's estimate.

Mai also proposed the municipal government raise the capital provided for projects with a good rate of disbursement and reduce capital for projects with lower-than-expected disbursement.

The HCMC Department of Planning and Investment will hold a conference to review the processes of public investment to present solutions to slow disbursement, Mai said.

Director of the HCMC Department of Construction Le Hoa Binh confirmed that the department will soon dispatch an inspection team to construction sites in the city to minimize violations.

Regarding the remaining missions of 2019, Ha Phuoc Thang, the city government office chief, said that the city will enhance its focus on seven breakthrough programs. It is vital to enhance the quality of the city’s steering committee in settling disputes, he said.

The city’s departments, agencies, district authorities and State firms were also asked to promptly complete missions assigned by the municipal and HCMC chairman to contribute to fulfilling the city’s targets.

Besides this, Tran Ngoc Ho, deputy director of the HCMC Department of Agriculture and Rural Development, stated that from now until the end of 2019, the agriculture and rural development sector will focus on turning out key farm produce, enhancing its support for technical transfers among farmers and preventing and fighting crop diseases.

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