Business

HCM City’s enterprises keep pace with growth momentum

With flourishing economic results in the first six months of this year, many enterprises in Ho Chi Minh City expect to keep pace with the growth momentum to accelerate their production and business activities in the coming months.
HCM City’s enterprises keep pace with growth momentum ảnh 1Illustrative image (Photo: VNA)
HCM City (VNA) - With flourishing economic results in the first six monthsof this year, many enterprises in Ho Chi Minh City expect to keep pace with thegrowth momentum to accelerate their production and business activities in thecoming months.

According to the municipal Statistics Office, in the period,total retail sales of goods rose by 9.7% year-on-year, revenue fromaccommodation and food services increased by 36.2%. In particular, the numberof foreign tourists to the city tripled over the same period, contributing to the boost in domestic demand and economic growth.

HCM City’s enterprises keep pace with growth momentum ảnh 2HCM City's total retail sales of goods in H1 rose by 9.7% year-on-year (Photo: VNA)
The index of industrial production (IIP) in June rose by2.3% month-on-month, and 4.8% against that of the same month of last year. Inthe January-June period, the IIP increased by 1.9% year-on-year.

A survey on business trends of manufacturing and processing enterprisesin Ho Chi Minh City also showed an improvement in production and businessactivities in the second quarter of 2023 compared to the previous one.Specifically, 19.3% of the enterprises rated their production and businesssituation as better; 34.1% held steady and 46.6% more difficult.

HCM City’s enterprises keep pace with growth momentum ảnh 3HCM City’s enterprises keep pace with growth momentum (Photo: VNA)
State-owned enterprises were the most optimistic with 66.7%of the respondents saying that their operations were better and kept stable. Meanwhile, therates in foreign-invested and non-state enterprises are 56.2% and 50.3%,respectively.

For the third quarter, 26.4% of the respondents predictedthat their production and business will be better, 35.1% stable, and 38.5% moredifficult./.
VNA
#Ho Chi Minh City #growth momentum #production and business activities #Vietnam #Vietnamplus #Vietnam News Agency Ho Chi Minh City
Follow VietnamPlus

Related News

HCM City’s economy sees rosy signs: meeting

HCM City’s economy sees rosy signs: meeting

Ho Chi Minh City’s economy showed significant improvements in the first half of this year, especially in retail, services and tourism, heard a meeting held by the municipal People’s Committee on June 29.
HCM City supports hi-tech agricultural start-ups

HCM City supports hi-tech agricultural start-ups

Ho Chi Minh City will give priority to supporting and nurturing high-tech agricultural production start-ups of young entrepreneurs in an aim to raise the proportion of high-tech agriculture in the city's total agricultural land.

See more

The Nguyen Van Linh–Nguyen Huu Tho intersection fully opens both underpasses to traffic, helping ease congestion in the area. (Photo: VNA)

Ho Chi Minh City pushes for full public investment disbursement

Ho Chi Minh City was allocated a record 147.599 trillion VND (5.6 billion USD) in public investment capital for 2026, up 22.6% from last year and accounting for nearly 14.6% of the nation’s total public investment budget. However, disbursement by the end of April remained below the national average.

Visitors explore Quang Tri province’s OCOP products (Photo: VNA)

Quang Tri links OCOP products with tourism to expand farm produce markets

The central province currently has 160 OCOP products developed by cooperatives, cooperative groups and businesses, including two five-star and 31 four-star products. These locally distinctive products are gradually becoming "ambassadors" showcasing Quang Tri’s culture and identity to domestic and international visitors.

Work starts on Hanoi’s Red River Landscape Boulevard Axis project on December 19, 2025. (Photo: VNA)

Hanoi approves nearly 28-bln-USD Red River landscape boulevard project

Covering more than 11,400 hectares and requiring an estimated 736.96 trillion VND (nearly 28 billion USD), the project is expected to reshape urban development along both banks of the Red River over the coming decades while improving transport connectivity and public spaces in the capital.

Deputy Prime Minister Nguyen Van Thang and delegates perform the ground-breaking ceremony for the Northwest Dien Bien Phu New Urban Area, Resort and Sports Complex project. (Photo: VNA)

Vingroup launches largest-ever urban development project in Dien Bien

Under the master plan, the project will span more than 228.5ha and accommodate around 12,000 residents. It is designed under a “city within a city” model integrating residential areas, commercial and service facilities, resorts, schools, healthcare services, public spaces and sports infrastructure.

Deputy Prime Minister Nguyen Van Thang and delegates press the button to launch construction of the Dien Bien Phu cultural-historical tourism and cable car complex project in Dien Bien province on May 10, 2026. (Photo: VNA)

Dien Bien Phu cultural-historical tourism, cable car complex project launched

The project aims to effectively tap the area’s natural landscapes, geographical advantages and distinctive historical value, while creating a high-quality tourism product with strong competitiveness. It is also intended to preserve, honour and promote the value of the Dien Bien Phu Victory special national historical relic site.

Politburo member Nguyen Duy Ngoc (third, right), who is Standing Deputy Head of the Central Steering Committee for Science-Technology Development, Innovation and Digital Transformation, holds a working session with the Colombo Port City Management Board. (Photo: VNA)

Vietnam studies Colombo smart port city model

Ngoc praised Sri Lanka’s orientations in developing seaport infrastructure, digital infrastructure, digital economy and international service centres, describing them as valuable references for Vietnam in developing strategic infrastructure, innovation centres, smart urban areas and digital economy ecosystems.

Tan Cang – Cat Lai Port in Ho Chi Minh City (Photo: VNA)

MoIT issues decision recognising Vietnam Logistics Day

The move is aimed at raising awareness across government agencies, businesses and the wider public of the vital role logistics services play in socio-economic development, international integration and strengthening national competitiveness.