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Saturday, June 22, 2024

HCMC eyes 7.5-8% GRDP growth in 2024

The Saigon Times

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HCMC – The government of HCMC has set a target to achieve an annual gross regional domestic product (GRDP) growth rate of 7.5% to 8% in 2024.

During a meeting on December 6, Vo Van Hoan, vice chairman of the HCMC People’s Committee, delivered a report on the city’s socio-economic performance in 2023, along with the directions and growth targets for the coming year.

In addition to the GRDP growth target of between 7.5% and 8%, the city aims to successfully reach 100% of its State budget revenue target and generate tourism revenue of VND190 trillion, with six million international visitors expected in 2024.

The city is also striving to secure a position among the top five provinces and cities leading in digital transformation across the country.

Regarding social aspects, the government of HCMC aims to create 140,000 new job opportunities and achieve a rate of 87% for trained and certified workers in the upcoming year. Three general hospitals are scheduled to commence operations at the city’s gateways in the districts of Thu Duc, Hoc Mon, and Cu Chi.

For 2023, the city anticipates its GRDP growth rate to reach 5.8%, way below the 7.5-8% target.

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