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