More than 19,000 enterprises join, return to market every month

More than 19,000 enterprises join, return to market every month

Generally, there were 133,700 newly registered and reopened enterprises in the first seven months of 2022, up 26.8 percent over the same period last year. On average, there are 19,100 newly-established and reactivated enterprises per month.
HCMC speeds up, recovers robustly

HCMC speeds up, recovers robustly

The People's Committee of Ho Chi Minh City, on the afternoon of April 26, held a meeting on the socio-economic situation in April and the direction and key tasks in May 2022. Mr. Phan Van Mai, Member of the Party Central Committee, Standing Deputy Secretary of the HCMC Party Committee, Chairman of the People's Committee of HCMC, chaired the meeting.
HCMC total budget revenue reaches VND381.53 trillion in 2021

HCMC total budget revenue reaches VND381.53 trillion in 2021

Ms. Pham Thi Hong Ha, Director of the Department of Finance of Ho Chi Minh City, reported that the city's budget revenue in 2021 exceeded VND381.53 trillion, reaching 104.5 percent of the estimate and increasing by 2.73 percent compared to that of more than VND371.38 trillion in the same period last year.
Budget revenue has exceeded estimate

Budget revenue has exceeded estimate

The state budget revenue has increased sharply, even as people and businesses remain depressed due to the ongoing Covid-19 pandemic. 
Director of HIDS suggests spending up to VND40 trillion to support businesses

Director of HIDS suggests spending up to VND40 trillion to support businesses

Vietnam has suffered huge economic losses in the past two years. In 2020, economic growth was expected to be 6.8 percent, but it was only 2.9 percent for the whole year. In 2021, the economic growth target is 6 percent, but the actual achievement will possibly be not higher than 3 percent. It means that within two years, the country has lost about 7 percent of its GDP (GDP is currently about US$343 billion), equivalent to a loss of nearly $24 billion. Mr. Tran Hoang Ngan, Director of the HCMC Institute for Development Studies (HIDS) stated.
PM urges localities to persistently pursue dual goals

PM urges localities to persistently pursue dual goals

Prime Minister Pham Minh Chinh on July 2 asked localities to persistently and resolutely implement the dual goals of preventing the Covid-19 pandemic and promoting socio-economic development.
Ho Chi Minh City targets phenomenal growth

Ho Chi Minh City targets phenomenal growth

The revenue collected by Ho Chi Minh City in 2020 reached VND 371,000 bn, which means that the City received an average of about VND 1,000 bn per day. For 2021, the Central Government has assigned a target for Ho Chi Minh City to ensure a daily income of about VND 1,500 bn. 
Vice Chairman of the People's Committee of Ho Chi Minh City Vo Van Hoan speaks at the Government's meeting. (Photo: SGGP)

HCMC’s budget collection at VND2.9 trillion per day

Reporting to the Government, Vice Chairman of the People's Committee of Ho Chi Minh City Vo Van Hoan affirmed that the city’s economy had positive growth, with budget revenue hitting VND2.9 trillion (US$125.7 million) per day. The city was neither subjective nor panic in the prevention of the Covid-19 pandemic.
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.