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Ho Chi Minh City will implement 7 groups of solutions to develop the economy.

(PLVN) - The Ho Chi Minh City Department of Finance has just issued a document informing about Ho Chi Minh City implementing 7 groups of solutions to achieve the double-digit growth target in 2025.

Báo Pháp Luật Việt NamBáo Pháp Luật Việt Nam17/03/2025

Accordingly, currently, Ho Chi Minh City is urgently directing the completion of the Plan to promote double-digit growth in the area in 2025 on the basis of closely following, fully, consistently and synchronously implementing documents of the Central Committee, the City Party Committee and the City People's Council on socio-economic tasks in 2025, with 7 groups of solutions as follows: One is to focus on drastically, synchronously and effectively implementing the Resolutions and Conclusions of the Central Committee, the Politburo , the National Assembly and the Government, effectively promoting the new and breakthrough mechanisms, policies and regulations that have been issued, removing and immediately releasing resources of the economy.

Next is to continue to prioritize research focusing on perfecting institutions, mechanisms, policies, and legal regulations; streamlining, arranging, and reforming the organization and apparatus.

In addition, the City will mobilize and effectively use resources for development; promote disbursement of public investment capital, take public investment as the leading force, activate and attract all social resources; promote private investment and attract FDI.

Ho Chi Minh City will form new growth drivers, attract large-scale, high-tech investment projects, invest in important infrastructure projects; develop dynamic regions, urban areas, and local growth cores.

Fifthly, focus on rapidly developing high value-added service industries, the City's strengths; expanding export markets; promoting consumption; attracting tourists .

Next is to promote the development of science and technology, innovation, digital transformation, and high-quality human resources.

Finally, the City continues to build and perfect digital government and streamline the state apparatus.

Regarding the private economic sector, the Department of Finance said that the City will continue to implement solutions on mechanisms, remove difficulties and obstacles, and support business development, contributing to the set growth target.

In the coming time, Ho Chi Minh City will shift to an effective governance model, in which businesses are not only the objects of service but also the important resources and driving forces for development. However, this is a long-term process, and the development of the City requires the support of the business community.

In Resolution No. 25/NQ-CP, the Government assigned the City a growth target of 8.5%, but since the end of 2024, the City has proactively researched and set a growth target of over 10%. The City has issued a Plan to implement the Project to mobilize social resources to invest in infrastructure development in the area in 2025 with the goal of mobilizing total social investment resources to reach at least 600,000 billion VND, striving to reach 620,000 billion VND in 2025, serving the target of double-digit growth.


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