This morning (December 9), the Ho Chi Minh City People’s Council convened its 12th meeting of the 10th term, for the 2021-2026 tenure.

Reporting on the socio-economic situation at the meeting, Vice Chairman of Ho Chi Minh City People’s Committee Duong Ngoc Hai stated that the economy in 2024 achieved positive results.

Specifically, the growth rate reached 7.17% (target of 7.5%), despite the city facing more challenges than opportunities; state budget revenue exceeded VND 502 trillion; and all industrial production, tourism, and retail indicators showed strong growth.

Vice Chairman Duong Ngoc Hai reporting at the meeting. Photo: Dao Phuong

However, Mr. Hai also noted that public investment disbursement has not met expectations, and the resolution of bottlenecks and difficulties has been slow, impacting the city’s targets.

Based on the achievements of 2024, the People’s Committee of Ho Chi Minh City has set ambitious goals for 2025, including achieving a growth rate of over 10%, disbursing over 95% of public investment, and having a 25% contribution from the digital economy.

The city’s theme for 2025 is “Focusing on organizing a streamlined, strong, efficient, effective, and capable apparatus; promoting digital transformation; implementing Resolution 98 of the National Assembly; and fundamentally resolving the city’s outstanding issues.”

Accelerating the streamlining of the apparatus

Earlier, in her opening speech at the meeting, Chairwoman of the Ho Chi Minh City People’s Council, Nguyen Thi Le, informed that the meeting would hear reports and proposals from the People’s Committee of Ho Chi Minh City.

The delegates focused on objectively assessing the socio-economic and cultural situation, national defense, and security in 2024, as well as the direction and tasks for 2025. They also discussed the settlement of the city’s budget in 2023, the estimated budget revenue and expenditure in 2024, and the budget plan for 2025. In addition, they addressed adjustments and supplements to the medium-term public investment plan for the 2021-2025 period and the public investment plan for 2025.

To achieve the targets for the next year, Ms. Le emphasized the need to continue restructuring key sectors, improving productivity, quality, and efficiency. It is also crucial to expedite the progress of important infrastructure projects and promote green and digital transformation.

Chairwoman of the Ho Chi Minh City People’s Council, Nguyen Thi Le, speaking at the meeting. Photo: Dao Phuong

In parallel, the city will accelerate the streamlining of its apparatus to ensure efficient and effective operations. It will also persist in the fight against corruption, wastefulness, and negativity, and focus on resolving outstanding issues. Additionally, the city will strengthen national defense and security and enhance the effectiveness of foreign affairs and international integration.

Ms. Le acknowledged the anticipated challenges and difficulties in socio-economic development in 2025. She requested the delegates to thoroughly study and consider the reports and proposals presented by the People’s Committee and the verification agencies. She encouraged them to engage in in-depth discussions, analyzing the context and characteristics of 2025, identifying achievements, and recognizing both objective and subjective causes of challenges.

Based on these insights, the delegates are expected to propose policies, decide on key indicators, and suggest solutions to achieve a comprehensive breakthrough in socio-economic development, ensure political stability and social order, and improve the quality of life for the city’s residents. These efforts will contribute to celebrating the success of the Party Congresses at all levels and commemorating the 50th anniversary of the liberation of the South and the reunification of Vietnam. They will also mark the beginning of a “new era of development – an era of Vietnam’s advancement.”

Ho Van