Southern hub solves business difficulties
HCM CITY (VNS)— HCM City authorities will continue to remove barriers in the real estate market and closely co-operate with the State Bank to offer loans for firms in prioritised sectors.
These include agriculture businesses – particularly those in rural areas –as well as support industries and those producing goods for export.
Besides implementing “the Vietnamese value Vietnamese goods” campaign to help enterprises improve their business in the local market, the city will also boost industrial production and help companies sell products and reduce inventories.
Improving the local investment climate and drawing more foreign investment will also be major priorities.
HCM City’s gross domestic product (GDP) rose by 7.6 per cent in the first quarter of this year, a little higher than last year’s corresponding period, said the municipal People’s Committee chairman Le Hoang Quan.
“This growth shows that the city’s production has gradually recovered. However, more challenges lie ahead,” Quan said.— VNS