IIP merely increases 1.8 percent in July

IIP merely increases 1.8 percent in July

The General Statistics Office of Vietnam, this morning, announced that the index of industrial production (IIP) in July merely rose by 1.8 percent over the previous month and 2.2 percent year-on-year, the lowest increase in the past seven months, except February with the fewest number of working days.
The processing and manufacturing industry rose by 10.4 percent, contributing 8 percentage points to the general growth. (Photo: SGGP)

Industrial production still increases 7.4 percent in first two months

The General Statistics Office of Vietnam (GSO) has just said that thanks to a fairly high increase in industrial production in January this year compared to January last year, the index of industrial production (IIP) in the first two months of this year still rallied 7.4 percent year-on-year.
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’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.
Egg packaging line at Ba Huan Joint Stock Company. (Photo: SGGP)

Government needs to be more drastic to save businesses

Nearly 93,500 enterprises have had to leave the market since the beginning of this year, an increase of 15.6 percent over the same period last year. The Covid-19 pandemic has developed complicatedly and has been negatively affecting the production of domestic enterprises.
Binh Duong Province pledges to accompany enterprises

Binh Duong Province pledges to accompany enterprises

The Provincial Party Committee, People's Council, People's Committee of Binh Duong Province recently held a meeting with associations and enterprises located in the province.
Mr. Nguyen Thanh Phong, Chairman of the People's Committee of Ho Chi Minh City, speaks at the meeting. (Photo: SGGP)

HCMC creates favorable conditions for enterprises to recover, develop

Mr. Nguyen Thanh Phong, member of the Central Party Committee, Chairman of the People's Committee of Ho Chi Minh City, on November 3 chaired a meeting on economic, cultural, and social situation and national defense and security in October and the first ten months of the year, and deploy missions and solutions for November.
Customers go shopping at a supply-demand connection program between Ho Chi Minh City and other cities and provinces in 2020. (Photo: SGGP)

Enterprises feel concern about weak purchasing power

The purchasing power in the market has shown signs of improvement, but in general, it remains extremely weak. Especially in markets, purchasing power is significantly decreasing. The situation that small traders hand back their stalls or stop their business to avoid taxes and fees has commonly happened.
Customers go shopping at a supermarket in Ho Chi Minh City. (Photo: SGGP)

HCMC’s economy in recovery

The report of the Department of Industry and Trade of Ho Chi Minh City on the situation of industrial production and commercial activities in the city in the first eight months of this year has shown many bright spots with basic indexes of industry, retail sales, and exports all making increases, although the increases were not as high as those in the same period of previous years.
HCMC’s industrial production grows 1.18 percent

HCMC’s industrial production grows 1.18 percent

The Department of Industry and Trade of Ho Chi Minh City said that in the first six months of this year, the city's industrial production index (IIP) still maintained a good growth rate, an estimated increase of 1.8 percent increase over the same period last year with four key industries, including electronics manufacturing, food, foodstuff, and beverage processing, chemicals, rubber, and plastic, and mechanics, estimated to increase by 2 percent.