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The service sector maintained a fairly high increase: total retail sales of goods and consumer service revenue in September increased by 2.4% compared to August and 7.5% over the same period; Overall, 9 months increased by 9.7%. International visitors reached 8.9 million, 4.6 times higher than the same period (exceeding the 2023 plan). Lotterywest media release, Based on two important keywords, "economic cycle" and "policy lag," Deputy Director of the Ho Chi Minh City Institute for Development Studies, Truong Minh Huy Vu, analyzed that there is a very high possibility that the city will not achieve achieve the growth target of 7.5-8% as set out. Despite the City's efforts, it cannot escape the "economic cycle" of decline and policy lag.
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