HCM CITY (VNS)— Municipal leaders said yesterday HCM City has been focusing on stabilising prices and ensuring adequate supply of goods this year.
The City People’s Committee chairman, Le Hoang Quan, said official agencies have been monitoring changes in prices, exports, and fluctuations in the global market to help businesses cope with the economic downturn and maintain their exports.
They have also helped businesses by eliminating barriers to export and through market stimulus programmes, he said.
Despite difficulties the city has managed to sustain its high growth rates this year, he said.
The trading and service sectors saw lower growth rates, manufacturing growth was higher, and agricultural growth was stable, he said.
The report said work on major infrastructure projects has been accelerated, especially those set to be finished this year — like the Sai Gon Bridge No 2, Tan Son Nhat – Binh Loi Beltway, steel flyovers at major intersections, Thanh Da Bridge, Do Bridge, and flood-control projects.
In the first seven months of the year retail sales and services were worth VND337.8 trillion (US$15.9 billion), a year-on-year increase of 11.8 per cent, and exports topped $15.78 billion, unchanged year-on-year.
The city welcomed over 2.15 million foreign visitors, up 5.5 per cent, while revenues from tourism rose by 15 per cent.
Industrial production was up 5.3 per cent while agriculture – forestry – fishery grew by 6.6 per cent. —VNS
Đăng ký: VietNam News