Ho Chi Minh City strives for 9.5 pct GDP growth
Ho Chi Minh City has set the targets of a 9.5 percent growth rate in gross domestic product (GDP) and annual GDP per capita at US$4,000 for 2013.
The southern economic hub will also strive to increase export turnover by 13.5 percent, mobilise VND248.5 trillion in social development investment, and keep the yearly consumer price index (CPI) at below the nation’s figure.
The targets are set in a resolution adopted by the municipal People’s Council’s 7th session early this month.
During the year, the city will make every effort to create jobs for 265,000 people, reduce unemployment rate by 4.8 percent and poor households to 2.32 percent, as well as supply clean water for 89 percent of urban households.
At the session, Chairman of the municipal People’s Committee Le Hoang Quan said the city administration will continue its efforts to improve the investment and business environment to boost production and trade, strengthen urban planning and management towards sustainable development, together with effectively implement social welfare policies to raise people’s living standards.