Illustrative image (Source: VNA) HCM City (VNA) – Ho Chi Minh City’s exports-imports and industry keptthriving in January, contributing to its economic growth, as heard a meeting ofthe municipal People’s Committee on February 1.
During themonth, the total export value hit 3.4 billion USD, up 3.8 percent year-on-yearwhile import value rose by 62.9 percent annually to 4.42 billion USD.
About theState budget collection, Director of the municipal Department of Finance PhanThi Thang said the total revenue to the State budget reached 36,541 billion VND(1.62 billion USD), up 10.29 percent annually. Meanwhile, revenue to the localbudget reached 7,318 billion VND, marking a 1.12 percent increase.
The industrialdevelopment index expanded 15.04 percent in the reviewed month.
Pham ThanhKien, Director of the municipal Department of Industry and Trade said four keyindustries of mechanical engineering, electronics, rubber, plastics and foodprocessing grew by 19.6 percent year-on-year. In particular, the garment sectorstruck a number of export deals, 70 percent of them were signed with USpartners.
According tothe municipal Department of Industry and Trade, the city recorded 2,817newly-established firms with a total registered capital of 19,580 billion VND,up 23 percent in volume. As many as 3,640 enterprises adjusted businessregistration, with additional capital tripling to 40,567 billion VND.
There were41 foreign-invested projects worth 81.12 million USD while 13 others adjustedcapital worth 24.36 million USD.
Chairman ofthe municipal People’s Committee Nguyen Thanh Phong said January economicfigures have signaled positive signs to realise the city’s 2018 plan.
As thetraditional Lunar New Year festival is days away, he asked the municipalDepartment of Industry and Trade to strengthen market inspection to prevent theshortage of goods and necessities and the availability of counterfeit goods.-VNA
During themonth, the total export value hit 3.4 billion USD, up 3.8 percent year-on-yearwhile import value rose by 62.9 percent annually to 4.42 billion USD.
About theState budget collection, Director of the municipal Department of Finance PhanThi Thang said the total revenue to the State budget reached 36,541 billion VND(1.62 billion USD), up 10.29 percent annually. Meanwhile, revenue to the localbudget reached 7,318 billion VND, marking a 1.12 percent increase.
The industrialdevelopment index expanded 15.04 percent in the reviewed month.
Pham ThanhKien, Director of the municipal Department of Industry and Trade said four keyindustries of mechanical engineering, electronics, rubber, plastics and foodprocessing grew by 19.6 percent year-on-year. In particular, the garment sectorstruck a number of export deals, 70 percent of them were signed with USpartners.
According tothe municipal Department of Industry and Trade, the city recorded 2,817newly-established firms with a total registered capital of 19,580 billion VND,up 23 percent in volume. As many as 3,640 enterprises adjusted businessregistration, with additional capital tripling to 40,567 billion VND.
There were41 foreign-invested projects worth 81.12 million USD while 13 others adjustedcapital worth 24.36 million USD.
Chairman ofthe municipal People’s Committee Nguyen Thanh Phong said January economicfigures have signaled positive signs to realise the city’s 2018 plan.
As thetraditional Lunar New Year festival is days away, he asked the municipalDepartment of Industry and Trade to strengthen market inspection to prevent theshortage of goods and necessities and the availability of counterfeit goods.-VNA
VNA
