Ho Chi Minh City eyes new growth drivers to achieve double-digit expansion
Ho Chi Minh City, July 7 -- Ho Chi Minh City is banking on new growth drivers, faster public investment disbursement and higher-quality foreign investment to achieve its target of double-digit economic growth in 2026. The city's gross regional domestic product (GRDP) expanded 8.55% in the first half of the year, the highest six-month growth rate in a decade. However, officials said the city must grow by more than 11% in the third quarter and about 12% in the fourth quarter to meet its annual target. Speaking at the seventh conference of the municipal Party Committee for the 2025-2030 term on July 6, Secretary Tran Luu Quang stressed that the goal would be difficult to be achieved without breakthrough measures and new approaches. He called...
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