Chairman Quan Reveals City’s Growth Despite Economic Hardship

Chairman of Ho Chi Minh City’s People’s Committee Le Hoang Quan revealed in a meeting with foreign representatives that the city has seen a gradual recovery from the economic recession.

Despite the hard economic conditions, the city achieved 21 of 25 goals with the gross domestic product increase of 9.3 percent and average income of US$4,520.

In 2013 the city attracted 495 foreign investments with a total value over US $1.7 billion, an increase of 30 percent since 2012.

About 4.1 million international tourists visited HCMC in 2013. This accounts for 55 percent of the tourism sector of the city.

The city recently held an event to celebrate the anniversary of diplomatic relations and received 146 delegations from 25 countries including England, France, Japan, Australia, Netherlands and Singapore.

Chairman Quan thanks the contribution of international allies and organizations to promote the city’s growth.  He also hopes good relations for the future.

By Thuy Vu – Translated by Uyen Phuong

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