en.Wedoany.com Reported - At the third session of the 11th Ho Chi Minh City People's Council on June 19, Vice Chairman of the Ho Chi Minh City People's Committee Nguyen Cong Rong reported that in the first half of 2026, the city's economy maintained growth, with total social investment reaching approximately 312.429 trillion VND, a year-on-year increase of 10.9%; the industrial production index rose by 11.5%.

Key industrial sectors continued to play a driving role, with production capacity further expanded. Tourism activities recovered and grew strongly, with tourism revenue reaching approximately 213 trillion VND, fulfilling 64.8% of the annual plan, a year-on-year increase of 63.9%; total international visitors reached about 6.39 million, up 48.5% year-on-year. Digital infrastructure has been invested in synchronously, and 5G network coverage has exceeded 95%.

In terms of administrative reform, the city's administrative procedure resolution system processed nearly 1.5 million dossiers, of which approximately 1.29 million were handled online, with a timely resolution rate of 97.4%; the city has reduced and simplified 491 administrative procedures, while strengthening the connection and implementation of shared databases. State budget revenue is estimated to reach about 500 trillion VND, completing 81% of the 2026 budget target; total state budget expenditure reached 98.575 trillion VND, completing 30.1% of the budget; public investment capital disbursement reached approximately 44 trillion VND, achieving 30% of the annual plan.

Nguyen Cong Rong stated that in the second half of 2026, the city is determined to achieve a regional gross domestic product growth target of over 10% and strives for state budget revenue to reach approximately 1,000 trillion VND. The city will continue to review and update growth plans, clearly identify room for growth in the processing and manufacturing industry, pharmaceutical industry, logistics industry, and the financial-banking sector, while removing difficulties in production and business activities, especially bottlenecks related to land, planning, site clearance, supply of construction materials, and investment procedures.

This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com