Abstract
Ho Chi Minh City is the greatest economic, commercial and business centre in Vietnam. Until the late 1980s, the rate of development of the total annual social production was 5.6% on average, gross national income was 4.7%, which was 1.5 times the national development rate. In 1993 Ho Chi Minh City industry accounted for 69% of gross social production (commerce, business, import-export and tourism). It has become an economic power with a widened perspective of development. Up to 1990, compared to the whole country, the city, though possessing 0.6% of the land area, has produced 32% of total industrial value, 32% of commercial returns, 17.5% of construction works, 35% of commodities stocks and passenger quantity, and so on. Average annual incomes per person equalled US$470, which were 2.5 times higher than the national level.
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