HCM City to speed up economic recovery by boosting businesses

Growth strategy: Motorcyclists riding past a flower market in Ho Chi Minh City. The authority wants to focus on improving the investment environment and administrative reform. — Bloomberg

HO CHI MINH CITY: Ho Chi Minh City (HCM City) authorities have pledged to improve the business environment and remove difficulties businesses face this year to help revive the economy.

Pham Thi Thanh Hien, chairwoman of the Cu Chi People’s Committee, said her district would work to enhance co-operation between enterprises to leverage their combined advantages, create favourable conditions for them to recover and create an efficient environment for new businesses.