Video: Ho Chi Minh City targets first-quarter economic growth of over 7%

Trade and services have recovered strongly, with total retail sales of goods and consumer service revenue up 13.1%. Tourism revenue in the first two months exceeded 102 trillion VND, with the Lunar New Year period alone rising by 64% compared with the same period last year. Export turnover increased by more than 10%, foreign direct investment inflows rose by 28.4%, and the number of newly established enterprises surged by 63%.

Public investment disbursement reached 8.8%, significantly higher than in the same period last year. The city is focusing on removing bottlenecks and accelerating key projects to create a breakthrough in the first quarter.

With a clear recovery momentum and determined governance, Ho Chi Minh City expects to meet and surpass its growth target.