Specific mechanisms, policies needed to drive HCM City’s growth

HCM CITY — HCM City needs to be supported by specific mechanisms and policies that are strong enough to remove bottlenecks faced by the city and enable it to create breakthrough developments, experts said. Over the past decades, the city has always maintained its role as the country’s economic locomotive, but its economic growth has slowed down in recent years. Speaking at the seminar ‘Removing obstacles to drive HCM City’s economic development' held in HCM City on Tuesday, Assoc. Despite its economic growth slowing down, the city still has abundant internal resources. "We need to identify and address long-term problems to enable HCM City to regain its position and growth," he said.