Ho Chi Minh City Economic Forum 2019 to be held
07:09 | 09/10/2019

VGP – The Ho Chi Minh City Economic Forum 2019 (HEF2019) aims to create a forum for the city’s authorities and foreign and domestic professionals and financial organizations to discuss and evaluate the local economics’ status, prospects, opportunities and challenges.

A corner of Ho Chi Minh City - Illustration photo

The information was released at a press conference on October 8 in Ho Chi Minh City about the upcoming organization of the HEF2019. 

The forum heads to orient and establish the master plan to develop Ho Chi Minh City into the financial center of the region and the world. The plan is set up by the Ho Chi Minh City Financial Investment Company and Fulbright University. 

The forum is expected to attract the participation of more than 800 delegates who are leaders of the Government, ministries, representatives of diplomatic agencies, leaders of the World Bank, the International Monetary Fund and the Asian Development Bank and businessmen. 

The economy of Ho Chi Minh City increased by 7.81% in the first nine months of 2019, according to official figures announced at a meeting of the municipal Party Committee.

The city’s exports brought in more than US$31 billion, up 10.5% while its tax revenues reached VND287.173 trillion (US$12.35 billion), a year-on-year increase of 7.23%.

The city attracted US$5.43 billion of foreign investment during the January-September period, up 3.48% year on year while total retail sale and service revenues also went up 11.9%.

Ho Chi Minh City also welcomed more than 6.2 million of foreign visitors, up 14.3% year on year./.

By Thuy Dung 

 


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