Ho Chi Minh City needs growth surge to hit 2026 double-digit target

Ho Chi Minh City is facing significant pressure to achieve its economic growth target of 10.2 percent by 2026. To meet this ambitious goal, the city must record an economic growth rate of 13.23 percent in the fourth quarter of the current year. This requirement highlights the urgency for the city's administration to implement measures that can significantly boost its economic performance.

Key strategies include accelerating investment across various sectors, which is crucial for stimulating economic activity and creating new opportunities. Furthermore, there is a pressing need to clear stalled projects, which often tie up capital and resources without yielding economic benefits. By resolving these bottlenecks, the city can free up assets and encourage further development. Boosting overall business activity is also a critical component, involving policies and initiatives that support enterprises and foster a dynamic commercial environment. These combined efforts are essential for Ho Chi Minh City to reach its projected double-digit growth target.

Key points
* HCMC needs 13.23% Q4 growth for 2026 target.
* The city aims for a 10.2% economic growth by 2026.
* Pressure to speed up investment, clear stalled projects, and boost business.

Nguồn / Source: Tuổi Trẻ News