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Alongside the cultural and artistic festivities marking the end of the war and the reunification of the nation, HCM City is ramping up efforts to achieve its ambitious socio-economic targets and to reflect upon the momentous occasion. Bồ Xuân Hiệp reports.
Measures to achieve this growth target include speeding up public spending, enhancing public services, streamlining administrative reform, controlling inflation and stabilising the macro-economy.
HCM City’s economy is expected to rebound in the second quarter and is likely to achieve a growth of 8 per cent in 2024, according to a report.
The latest news from Latin America as Forecast shows Latin America will face a tough 2023 with just 1% growth, as projected by IDB
The Interamerican Development Bank (IDB) has issued a report forecasting growth for the region in 2023 will barely stand at 1%, much lower than similar studies from the Economic Commission for Latin America and the Caribbean (ECLAC) and the International Monetary Fund (IMF).