HCMC attracts investment in innovative district

Ho Chi Minh City will strengthen special economic diplomatic activities with the aim to attract investment in its seven breakthrough programs, four key industries, smart city and innovative district project in 2019.

HCMC attracts investment in innovative district

In the municipal People’s Committee’s report to the Ministry of Foreign Affairs, these above –mentioned contents are important.
City authorities also affirmed to warmly receive heads of nations and international delegations  to strengthen ties with all countries in the world.
According to the People’s Committee, the city’s diplomatic activities are in all fields especially economic diplomacy playing vital role in 2018.
Specifically, HCMC has pushed up economic diplomatic activities to promote Vietnamese-made commodities, trade, investment and tourism in 2018.
The city has also taken advantage of outside sources for its socio-economic development and smart city and innovative district projects.
In 2018, HCMC has organized 17 investment, commerce, tourism promotion conferences. Moreover, it has implemented the imitative Economic Forum HCMC 2018, the first of its kind, to introduce its eastern innovative district plan.
City leaders had meetings with foreign enterprises to listen to their opinions and resolve their difficulties in business activities in HCMC.
Statistically, HCMC has relation with 51 foreign localities. In addition to promoting friendly relations to improve its diplomatic position in the world, HCMC has also signed agreements with foreign localities in a bid to seek outside support for its socio-economic growth.
In 2018, HCMC’s total export turnover is estimated to reach $38.32 billion, a year-on-year increase of 7.8 percent.

By GIA MINH - Translated by UYEN PHUONG

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