Sat. Dec 21st, 2024

Ho Chi Minh City has set developing hi-tech and support industries as
the key to realising economic restructuring and growth model shift by
2015.

Vice Chairman of the municipal People’s Committee Le Manh
Ha was speaking at a seminar jointly held on April 16 by the Investment
and Trade Promotion Center (ITPC) and the municipal Hi-tech Park
Management Board to promote investment in these industries.

The
city has also set to increase export value of high technologies and
hi-tech products to account for 30 percent of its GDP so it places
hi-tech and support industries in the cornerstone of preferential
policies offered to the engaged businesses, Ha said.

As the country’s largest economic hub, HCM City aims to increase the
rate of locally-made contents in manufactured product to 25 percent by
2015 and 40 percent by 2020, and made an export value of 10 billion USD
by 2015.-VNA

By vivian