Ho Chi Minh City posts economic growth

by PV/VTV05 December 2016 Last updated at 09:22 AM

Ho Chi Minh City (Photo: VNA)
Ho Chi Minh City (Photo: VNA)

VTV.vn - Ho Chi Minh City's economy continued to expand in the period from January to November, with services and trade being major growth engines, according to the city's People's Committee.

In the last 11 months, total retail sales and service revenue reached 28.1 billion USD, a year-on-year rise of over 9 percent.

Nearly 33,000 businesses were established with total charter capital of more than 11.7 billion USD, while 729 FDI projects worth 831.8 million USD were provided with investment registration certificates during the same period. HCM City aims for 50,000 new businesses to be established in 2017.

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