The Ho Chi Minh City People’s Council (ninth tenure) set a gross regional domestic product (GRDP) growth rate of 8.3-8.5 percent for 2018 during its sixth session that took place from December 4-7.
The sixth session of the HCM City People's Council (ninth tenure) took place from December 4-7 (Source: qdnd.vn)
HCMCity (VNA) – The Ho Chi Minh City People’s Council (ninth tenure)set a gross regional domestic product (GRDP) growth rate of 8.3-8.5 percent for2018 during its sixth session that took place from December 4-7.
It has also set other tasks for the city, including completely fulfilling theestimate of budget collection, establishing 46,000 new enterprises, cutting povertyrate by 1 percent in line with the sustainable poverty reduction programmeduring 2016-2020, and generating jobs for 130,000 labourers.
At the meeting, the council also approved a resolution on implementing theNational Assembly’s Resolution No. 54 on piloting specific mechanisms and policiesfor the city’s development.
It has assigned the municipal People’s Committee to promptly work on projectsregarding wage reform, fees and taxes, social investment mobilisation anddecentralisation, among others.
In her closing remarks, Chairman of the HCM City People’s Council Nguyen ThiQuyet Tam, pointed to difficulties and challenges facing the southernmetropolis, saying its competitive edge is reducing.
She underlined the need for the People’s Committee to take stronger measures tomaterialise resolutions, with attention paid to creating an open andtransparent investment environment, raising public trust and fightingcorruption and wastefulness effectively.
Earlier, the council approved a resolution on support for officials taking earlyretirement, under which the city will spend about 380 billion VND (16.72million USD) from now till 2021 on 1,062 officials who retire before the usualage.
According to the municipal People’s Committee, the city recorded 41,217newly-established businesses with a total registered capital of 577.36 trillionVND this year, up 13.4 percent in volume and 92.4 percent in value. The cityencouraged 3,062 business households to switch their status to businesses.
The local economic growth is expected to hit 8.25 percent this year whilerevenue to the State budget would near 348 trillion VND (15.46 billion USD), or100.03 percent of the estimate, up 12.94 percent.- VNA
The slowdown in retail and manufacturing sectors has reduced the speed of HCM City’s economic engine despite significant gains in services, trade, industry and agriculture.
Prime Minister Nguyen Xuan Phuc has asked the southern largest economic of Ho Chi Minh City to create a favourable start-up environment for those with great willpower.
Foreign and domestic investment in HCM City has significantly increased and industrial production remains robust, a meeting to review the city’s socio-economic development in the first 10 months of this year on October 30 heard.
The trip will be made at the invitations of Chinese Premier Li Qiang and WEF President and CEO Børge Brende, according to an announcement from the Ministry of Foreign Affairs.
Long spoke highly of the dynamic, positive, and comprehensive development of Vietnam – Russia relations in recent years. He affirmed that the Vietnamese Party and State place great importance on further strengthening the comprehensive strategic partnership with Russia in a substantive and effective manner, in line with the development needs of both nations.
At the conference, participants reported that the Government has so far issued 28 decrees on the delegation of responsibilities and powers between the central Government and two-tier local administrations. Several localities have already piloted the new governance model.
Reality is the ultimate benchmark for success, he said, urging drafting agencies to work out policies that foster development, reduce bureaucratic hurdles, and respect practical conditions.
Under the official dispatch signed on June 20, ministers, heads of ministerial-level agencies, and chairpersons of provincial and municipal People’s Committees are requested to concentrate efforts on implementing core measures to ensure the smooth operations of the new administrative framework.
The Party chief underscored the need for the press to innovate relentlessly, evolve to keep pace with the country's development, transform into a truly professional, humanistic, and modern sector that serves the cause of the Party, the State, and the people on the path to national construction and development.
The UN Secretary-General praised Vietnam’s remarkable achievements in socio-economic development and international integration in recent years, noting that the country has emerged as a model in implementing the Sustainable Development Goals (SDGs), promoting international peace and security, and engaging in key UN processes.
Nghia affirmed that this is a milestone of special significance, affirming and honouring the the Vietnamese revolutionary press’s glorious tradition of 100 years of serving the revolutionary cause of the Party, serving the Fatherland, and serving the people.
The Party and State of Vietnam always attach great importance to and give top priority to the development of Vietnam–China relations. Vietnam is ready to work with the Chinese Party and State to further deepen the Comprehensive Strategic Cooperative Partnership and promote the building of the Vietnam-China community with a shared future that carries strategic significance.
Under the leadership of President Ho Chi Minh and the CPV, President Cuong said, the press has been a steadfast force on the ideological and cultural front, rallying the masses to pursue national aspirations.
NA Chairman Tran Thanh Man stressed the need to accelerate the application of artificial intelligence and smart teaching equipment, innovate teaching and assessment methods, and further improve the quality of formal education.
He also pledged that the NA will promote its ongoing supervision, making sure that every promise must lead to results, and every commitment must bring about real changes.
Minister of Industry and Trade Nguyen Hong Dien welcomed the proposals put forward by the US side and reiterated Vietnam’s request for consideration of key areas of interest, including reciprocal tariff policies and access for Vietnamese key export products to the US market.
Deputy PM Le Thanh Long proposed countries promote shared values, including building trust, sincerity, and solidarity among nations and peoples; fostering cooperation spirit and responsible behaviour as well as upholding international law and the UN Charter; and placing people at the centre and as the goal, the key player, and the driving force of all policies.
The show, together with a grand parade to be held silmutaneously at Ba Dinh Square in Hanoi, will celebrate the 80th anniversary of the August Revolution, the National Day, and the General Staff of the Vietnam People’s Army (VPA).
In particular, in April 2023, the two sides successfully carried out a joint operation that dismantled a major organised, transnational drug trafficking ring involving both Vietnamese and Cambodian suspects.
The Vietnamese Embassy in Israel is closely coordinating with relevant local agencies to stay informed and provide the utmost support possible for Vietnamese nationals.
The launch of Thanh Nien (Young People) newspaper in 1925, even before the founding of the Communist Party of Vietnam, is considered a testament to President Ho Chi Minh’s strategic foresight and strong belief in the guiding power of the revolutionary media.