HCM City targets annual growth of 7 percent in collective economy | Business
At a supermarket in HCM City (VNA) - Ho Chi Minh City has set a target of developing an additional 150 cooperatives and two cooperative alliances during the 2021-2025 period while posting annual average growth of 7 percent in the collective economy. The sector will contribute 0.5 percent to the city's gross regional domestic product ( GRDP) during the period and attract 15,000 more workers to cooperatives. The targets are set out in a collective economy development plan for 2021-2025 approved recently by the municipal People’s Committee. Under the plan, the city will develop new-style coop...