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HCM City’s GDP reaches nearly 12pct in 2010
Ho Chi Minh City’s authorities had a meeting with representatives of foreign agencies at the office of the municipal People’s Committee on January 27.
They briefed the latter on the city’s socio-economic development in 2010 and its orientation for 2011. Last year, despite facing difficulties, the city maintained its GDP growth at approximately 12 percent, and even over fulfilled some targets of the yearly plan by raising its total revenue from retail business and services by 28 percent and its industrial output by 14 percent.
Many important traffic projects were put into operation, such as Nguyen Van Troi-Nam Ky Khoi Nghia road, flyover in A area, Phu My Hung urban area, Binh Trieu 1, An Nghia and Hoang Hoa Tham bridges, Thu Thiem tunnel and Rung Sac-Can Gio route.
Active preparations were made to prepare for construction of some parts of the metro and monorail system to start in 2011 and the following years.
On behalf of foreign representatives, Germany’s consul general, Conrad Cappell, appreciated HCM City’s great efforts in recent years to help develop and strengthen cooperation ties as well as cultural, education and training exchanges between Vietnam and other countries.
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