Ho Chi Minh City strives for an average Gross Regional Domestic Product (GRDP) growth of 7 percent a year. Specifically, GRDP per capita will reach US$8,500 a person by the end of 2025, aiming to reach the target of $14,500 per head by 2030.
Revenue in the luxury goods market in Vietnam will amount to US$957.2 million in 2023, and grow annually by 3.23 percent in the 2023-2028 period, according to Statista, a statistics portal for market data.
Vietnam’s total retail sales of goods and services in the first two months of this year were estimated at VND994.2 trillion (US$41.88 billion), up 13 percent year-on-year, according to the General Statistics Office (GSO).
The Ministry of Industry and Trade today organized a conference to gather opinions of state management agencies, localities, industry associations, businesses, and economic experts for the unification of keeping stable production-distribution chain and ensure supply chain in production and circulation in the coming time.
Mr. Nguyen Thanh Phong, member of the Central Party Committee, Chairman of the People's Committee of Ho Chi Minh City, on November 3 chaired a meeting on economic, cultural, and social situation and national defense and security in October and the first ten months of the year, and deploy missions and solutions for November.
The industry and trade fields have obtained outstanding growth rates this year with an 8.48 percent increase of growth rate in the industrial production index (IPI) and 10.89 percent growth in the total retail sales of goods and services.
