A corner of Ho Chi Minh City (Photo: VNA)
HCM City (VNA) – Chairman of the Ho Chi Minh CityPeople’s Committee Nguyen Thanh Phong has requested more efforts to perform thedual task of recovering the economy while fighting COVID-19.
During a conference held on June 4 to launch the city’s socio-economictasks during the month, Phong said short-term measures will help businessessurvive in the market in the first stage. Later, the city’s economy and marketwill be restructured to serve post-pandemic development.
About long-term policy, the city will optimise publicinvestment by fiscal measures, ensure social welfare for all citizens andprevent workers from losing their jobs.
Also in June, the city will basically deal with existingproblems in Thu Thiem new urban area project in accordance with the GovernmentInspectorate’s conclusions, he said.
According to the municipal Department of Planning andInvestment, the total retail of goods and services in the city surpassed 506trillion VND (22 billion USD) in five months of this year, down 4.9 percentyear-on-year.
The city’s industrial production index went down 7.16percent annually.
However, its exports rose by 6.3 percent yearly to about 17billion USD, mostly thanks to increases in earnings of computers, electronicsand spare parts, vegetables and fruits.
The output of agro-forestry-fisheries topped 5 trillion VNDduring five months, up 2.2 percent year-on-year.
Among four key industries, electronics grew by 11.83percent while chemicals, rubber and plastics expanded by 8.37 percent./.
