

Starting from the fourth quarter, when the city gradually reopens the economy, socio-economic activities gradually return to normal pace, but according to the forecast, the agriculture, forestry and fishery sectors the industrial and construction sector, the service sector, etc. However, by the third quarter, when the city drastically implemented measures to prevent and control the epidemic, the growth rate decreased by 24.3% over the same period. In which, in the first 6 months of 2021, the city’s GRDP increased by 5.5% over the same period. However, due to the impact of the COVID-19 epidemic, GRDP in 2021 is estimated to decrease by 6.7% over the same period, failing to meet the set plan.

Gross domestic product ( GRDP) in the 2016-2020 period increased by 6.4% on average, the city’s economic proportion contributed over 22%.

Ho Chi Minh City continues to maintain its role as the economic locomotive. Basically based on the foundation of innovation and application of science and technology. Le said that this is an important time to comprehensively evaluate the city’s efforts in the past time and find a direction for the new period.Īccording to the Chairman of the City People’s Council, in the past 5 years, the economy of Ho Chi Minh City has grown quite well, the quality of economic growth has improved. Up to now, the epidemic situation has been basically controlled. Nguyen Thi Le – Chairwoman of the People’s Council of Ho Chi Minh City – assessed that in 2021, the outbreak of COVID-19 will cause negative impacts on many socio-economic fields, affecting people’s lives. On the morning of December 7, the People’s Council of Ho Chi Minh City, term X, opened the 4th session, the regular meeting at the end of the year. Chairwoman of the People’s Council of Ho Chi Minh City Nguyen Thi Le discussed with Chairman of the People’s Committee of Ho Chi Minh City Phan Van Mai, delegates – Photo: TU TRUNG
