Ho Chi Minh City plans to help enterprises, especially small-and-mediumsized ones (SMEs), gain access to loans worth 20 trillion VND (952million USD) to renovate their technologies for higher production andbusiness performance.
Since early this year, loans worth 12 trillion VND (571 million USD) have come to business owners.
Chairman of the municipal People’s Committee Le Hoang Quan revealedthis year’s plan at the 18th meeting of the municipal Party Committeeexecutive board on July 4.
He predicted that a flow of capitalwill be poured into the city between now and the rest of the year, goingparticularly to hi-tech parks and the support industry.
Quansaid though the agriculture sector recorded slower growth than lastyear, it is embracing technological advances and bio-technology to turnout quality products.
HCM City contributed 121.9 trillion VND(5.8 billion USD) to the State budget, or 54 percent of its 2014 plan,which is in part thanks to better taxation management and incentives forproduction and trading.
Standing Deputy Secretary of themunicipal Party Committee Vo Van Thuong, in his opening remarks, alsoacknowledged the city’s encouraging accomplishments during the period,especially in economic growth, social investment, public health care,education-training, construction of new rural areas, sustainable povertyreduction and social welfare.
Thuong said the meeting is acrucial start to prepare for the 40 th anniversary of the southernliberation and the 10 th Congress of the Party Committee.
About the construction of a monument dedicated to President Ho Chi Minh,Thuong demanded that it be done before March 31, 2015.-VNA
Since early this year, loans worth 12 trillion VND (571 million USD) have come to business owners.
Chairman of the municipal People’s Committee Le Hoang Quan revealedthis year’s plan at the 18th meeting of the municipal Party Committeeexecutive board on July 4.
He predicted that a flow of capitalwill be poured into the city between now and the rest of the year, goingparticularly to hi-tech parks and the support industry.
Quansaid though the agriculture sector recorded slower growth than lastyear, it is embracing technological advances and bio-technology to turnout quality products.
HCM City contributed 121.9 trillion VND(5.8 billion USD) to the State budget, or 54 percent of its 2014 plan,which is in part thanks to better taxation management and incentives forproduction and trading.
Standing Deputy Secretary of themunicipal Party Committee Vo Van Thuong, in his opening remarks, alsoacknowledged the city’s encouraging accomplishments during the period,especially in economic growth, social investment, public health care,education-training, construction of new rural areas, sustainable povertyreduction and social welfare.
Thuong said the meeting is acrucial start to prepare for the 40 th anniversary of the southernliberation and the 10 th Congress of the Party Committee.
About the construction of a monument dedicated to President Ho Chi Minh,Thuong demanded that it be done before March 31, 2015.-VNA
