Illustrative image (Photo: VNA) HCM City (VNA) – Ho Chi Minh City has achieved its "dual goal" of containing the COVID-19 pandemic and reviving the economy, Nguyen Thanh Phong, Chairman of the municipal People's Committee, told a recent meeting. Speaking at a meeting held on January 9 to discuss the city's socio-economic development plans for 2021, Phong said the city was able to contain the virus while achieving economic growth of 1.39 percent, and all sectors managed to achieve growth. Despite the challenges caused by the pandemic, its revenues topped 371.3 trillion VND (16.1 billion USD) or 91.51 percent of the target, he said. Exports were worth more than 43 billion USD, foreign investment exceeded 4.3 billion USD and remittances were worth more than 5.5 billion USD. More than 40,000 new businesses were established with a total registered capital of more than 1.1 million VND. Some 8,300 resumed operations after suspending business due to the pandemic. The city has been able to quickly bring the recent local transmission of COVID-19 under control. Only eight people are currently being treated, and there has been no death in the city, Phong said. He attributed the excellent results to "the concerted efforts made… Read full this story
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