HCM City to foster production, investment climate
The southern Ho Chi Minh City will foster production and improve the investment climate in an attempt to attract financial resources and manpower and encourage a business start-up movement among people in the city.
The Chairman said authorised bodies should join hands with enterprises to evade inefficient administrative procedures which could affect the investment climate and businesses.
He said talks between the city’s officials and enterprises should be conducted promptly to solve difficulties for enterprises and investors in order to bolster investment activities and economic development.
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It will also target to improve growth quality, and increase its economic effectiveness and competitiveness with a view to developing the domestic market and controlling its consumer price index (CPI).
Vice Chairman of the municipal People’s Committee Le Thanh Liem said the city’s total value of goods during the Lunar New Year (Tet) festival was VND16.2 trillion (US$736.3 million), up VND462 billion (US$21 million) compared with the same period in 2015.
