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Ho Chi Minh City's GDP growth expected to exceed target

by VTV402 November 2015 Last updated at 14:30 PM

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VTV.vn - Ho Chi Minh City's GDP growth this year may exceed the targeted rate by over 10%.

Figures show that the city's state budget is estimated to have reached over 11.6 billion USD since the beginning of this year. This is an increase of nearly 180 million USD compared to initial target. FDI to the city has also improved with a total of over 3 billion USD in FDI so far this year, up 4.5% compared to the same period last year. Real estate has lured the highest FDI, accounting for nearly 60% total FDI. South Korea are the biggest foreign investor in the city.