HCM City sets 2023 growth target of 7.5-8%

  • A footwear factory of the Gia Dinh Group JSC in Thu Duc city. VNA Photo: Hồng Đạt
    A footwear factory of the Gia Dinh Group JSC in Thu Duc city. VNA Photo: Hồng Đạt
  • A footwear factory of the Gia Dinh Group JSC in Thu Duc city. VNA Photo: Hồng Đạt
    A footwear factory of the Gia Dinh Group JSC in Thu Duc city. VNA Photo: Hồng Đạt
  • A footwear factory of the Gia Dinh Group JSC in Thu Duc city. VNA Photo: Hồng Đạt
    A footwear factory of the Gia Dinh Group JSC in Thu Duc city. VNA Photo: Hồng Đạt
  • A footwear factory of the Gia Dinh Group JSC in Thu Duc city. VNA Photo: Hồng Đạt
    A footwear factory of the Gia Dinh Group JSC in Thu Duc city. VNA Photo: Hồng Đạt
  • A footwear factory of the Gia Dinh Group JSC in Thu Duc city. VNA Photo: Hồng Đạt
    A footwear factory of the Gia Dinh Group JSC in Thu Duc city. VNA Photo: Hồng Đạt
Ho Chi Minh City People’s Committee has proposed a growth target of 7.5-8% for its Gross Regional Domestic Product (GRDP) in 2023. The committee also set a target to attract 4.5-5 million foreign tourists next year for a revenue of 120 trillion VND (about 5.03 billion USD). In 2022, despite difficulties and challenges, HCM City reached a GRDP of about 9.03%, surpassing the approved target of 6-6.5%. Its Index of Industrial Production (IIP) so far this year is estimated to increase by 14.2%. The city has received 3.5 million foreign visitors so far this year, earning a total revenue of about 120 trillion VND, a year-on-year increase of 171.2%. Its budget revenue posted positive growth, estimated at VND 457.5 trillion, 18.35% higher than the target set by the city. VNA Photo: Hồng Đạt

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