Ho Chi Minh City is targeting GRDP growth of 7.5-8 per cent in 2024, according to Deputy Chairman of the municipal People’s Committee Vo Van Hoan.

The southern city will also strive to become one of the five leading localities in the provincial digital transformation index, Mr. Hoan said while addressing the 13th meeting of the municipal People’s Council, which opened on December 6.

It also targets welcoming 6 million foreign tourists and earning tourism revenue of over VND190 trillion ($7.82 billion).

Regarding urban development, it plans to build an additional 8 million sq m of housing to expand the per capita housing area to 22.06 sq m.

GRDP growth in 2023 is expected to be 5.81 per cent.