Deputy PM calls for joint efforts to develop HCMC into int'l financial center
VGP – Deputy Prime Minister Vu Duc Dam has asked
ministries and sectors to make joint efforts and offer superior mechanisms and
policies to help develop Ho Chi Minh City into a regional and international
Deputy Prime Minister Vu Duc Dam speaks at the event.
Speaking at the Ho Chi Minh City Economic Forum 2019 on
October 18, Dam hailed the event as being of importance to HCM City and the
whole nation, stating that turning Ho Chi Minh City into a regional and
international financial hub is not only the desire of the city but also a task
of the country.
Ho Chi Minh City is now the largest economic and
financial center in Viet Nam, and has the great potential to become a financial
hub on a regional and international scale, he said.
The official noted that throughout the last 30 years,
Viet Nam has sustained stable growth, and has always been among the
fastest-growing economies in the world.
Viet Nam has reported a growth rate of 6-8% in the past
decades, and is striving to reach annual growth rate of over 7% in the next 10
Despite the fact that Ho Chi Minh City is a center
taking the lead in technology and administrative and educational reforms, other
cities and provinces nationwide, especially those in the Southeastern region,
should join hands to support Ho Chi Minh City for mutual development, Deputy PM