
HCMC makes effort to maintain its position as country’s major economic
Efforts to restore economic growth and maintain its position as a major economic center of the country are both immediate and long-term requirements for Ho Chi Minh City. The city government has set a target by 2022 to achieve a growth rate of gross regional domestic product (GRDP) of 6-6.5 percent, creating the necessary conditions to accelerate its growth in the following years for the achievement of the social-economic five years plan.