Recovering in Q1, accelerating in Q2: Positive economic figures

Recovering in Q1, accelerating in Q2: Positive economic figures

By the end of the first quarter of 2022, industrial production in Ho Chi Minh City has prospered, with the added value of the whole industry increasing by 5.5 percent. Along with that, export turnover of goods is estimated at nearly US$11.9 billion, up 3.5 percent; foreign direct investment capital reaches nearly VND10 trillion. This shows that HCMC's economic growth is recovering strongly.
GRDP growths of five centrally-run cities over years

GRDP growths of five centrally-run cities over years


Among the five centrally-run cities, the northern port city of Hai Phong took the lead in the gross regional domestic product growth in 2021, registering a rise of 12.38 percent.
HCMC continues to post economic growth

HCMC continues to post economic growth

A recently released report by the Statistics Office of Ho Chi Minh City shows that despite being heavily affected by the Covid-19 pandemic, the socio-economic situation remains stable in the first six months of the year. Noticeably, the gross regional domestic product (GRDP) in the first six months of the year increased by 5.46 percent, higher than the estimated growth of 1.02 percent in the same period last year.
Exhibitions for innovative startups are regularly held in HCMC. (Photo: SGGP)

HCMC creating firm foundations for innovative startups

Ho Chi Minh City at present is running the project ‘Supporting the Development of Innovative Startup Ecosystems in HCMC from 2021-2025’ in order to upgrade the capability of 3,000 current businesses and incubate 1,000 startup projects until 2025. This has displayed the strong determination of the municipal authorities to boost the growth of innovative startups here.

Hanoi seeks measures to help tourism recover

Hanoi seeks measures to help tourism recover

Before the coronavirus outbreak, Hanoi’s tourism industry contributed 12.54 percent of Gross Regional Domestic Product (GRDP) but 2020 saw a decline of 3.4 percent due to Covid-19, said Secretary of the Hanoi Party Committee, Vuong Dinh Hue.
Customers go shopping at Emart supermarket in Go Vap District. (Photo: SGGP)

HCMC’s total retail sales of goods rise 11.9 percent in 2020

The Department of Industry and Trade of Ho Chi Minh City, on January 13, held a conference to summarize its activities in 2020, deploy the plan for 2021, and honor the typical industrial and supporting industry products in HCMC in 2020.
HCMC has no sectors with negative growth

HCMC has no sectors with negative growth

The Department of Industry and Trade of Ho Chi Minh City said that by the end of this year, the city got a positive economic growth, with the gross regional domestic product (GRDP) estimated at VND1.4 quadrillion, an increase of 1.39 percent over the same period. Besides, no sectors saw negative growth.
HCMC’s economy still has bright spots amid difficulties in 2020

HCMC’s economy still has bright spots amid difficulties in 2020

The Statistics Office of Ho Chi Minh City held a press conference to announce the socio-economic statistics of the city in 2020 on December 29 with the attendance of Ms. Phan Thi Thang, Vice Chairwoman of the municipal People's Committee.