keonhacai net1
keonhacai net1

HO CHI MINH CITY'S EXPORT TURNOVER GROWS 10.2% OVER keonhacai net1 SAME PERIOD

On keonhacai net1 afternoon of October 1, at keonhacai net1 meeting on keonhacai net1 socio-economic situation in keonhacai net1 first 9 months of 2024, keonhacai net1 Department of Planning and Investment of Ho Chi Minh City said that many economic indicators have grown steadily. Notably, export turnover is on a recovery trend and has grown.

Director of keonhacai net1 Department of Planning and Investment of Ho Chi Minh City, Ms. Le Thi Huynh Mai, said that in keonhacai net1 first 9 months of 2024, keonhacai net1 total product in keonhacai net1 area (GRDP) is estimated to increase by about 6.7 - 6.9% over keonhacai net1 same period last year; keonhacai net1 index of industrial production (IIP) is estimated to increase by 6.9%; trade and service activities in keonhacai net1 area continue to grow steadily. Total retail sales of goods and consumer revenue in September is estimated to increase by 10.5% over keonhacai net1 same period last year.

As of September 27, 2024, keonhacai net1 total disbursed state budget investment capital was more than VND 15,802 billion, reaching 19.9% of keonhacai net1 2024 capital plan. keonhacai net1 total state budget revenue for keonhacai net1 first 9 months of 2024 is estimated at VND 371,307 billion, reaching 76.9% of keonhacai net1 estimate and increasing by 14.3% over keonhacai net1 same period last year.

Ho Chi Minh City is focusing on removing difficulties and obstacles, unblocking resources and speeding up keonhacai net1 compensation and site clearance progress of projects. As of September 27, keonhacai net1 total disbursed state budget investment capital was more than VND 15,800 billion, reaching 19.9% of keonhacai net1 annual plan.

In keonhacai net1 first 9 months of keonhacai net1 year, Ho Chi Minh City granted licenses to establish more than 37,800 new enterprises, with registered capital reaching nearly VND295,000 billion, down 13.9% in capital compared to keonhacai net1 same period. keonhacai net1 number of enterprises participating in keonhacai net1 market increased by 4.6%, but keonhacai net1 number of enterprises withdrawing from keonhacai net1 market increased by 6.2%. It is estimated that for every 100 enterprises participating in keonhacai net1 market, 56 enterprises withdraw.

keonhacai net1 total export turnover of Ho Chi Minh City enterprises through border gates nationwide in keonhacai net1 first 9 months of 2024 is estimated at 33.82 billion USD, up 10.2% over keonhacai net1 same period (down 14.2% over keonhacai net1 same period). Exports are still on a recovery trend, with many textile and garment enterprises receiving enough orders until keonhacai net1 third quarter and keonhacai net1 end of 2024. keonhacai net1 total import turnover of Ho Chi Minh City enterprises through border gates nationwide in keonhacai net1 first 9 months of 2024 is estimated at 44.1 billion USD, up 6.4% over keonhacai net1 same period last year.

Chairman of keonhacai net1 Ho Chi Minh City Business Association, Mr. Nguyen Ngoc Hoa, said that keonhacai net1 business operations in keonhacai net1 city have recorded positive signs. Business orders have been restored. Most businesses have enough orders from now until keonhacai net1 end of keonhacai net1 year and businesses are accelerating keonhacai net1 implementation of these orders. For example, in keonhacai net1 textile and garment sector, agricultural products...

Commenting on keonhacai net1 export situation of keonhacai net1 industry in keonhacai net1 last months of keonhacai net1 year, Vice President of keonhacai net1 Handicraft and Wood Processing Association of Ho Chi Minh City (HAWA), Mr. Nguyen Chanh Phuong also noted certain optimism. He predicted that from now until keonhacai net1 end of keonhacai net1 year, keonhacai net1 total turnover will reach about 14.5 - 15 billion USD.

On keonhacai net1 business side, keonhacai net1 Director of Dony Company was excited, Mr. Nguyen Quang Anh said that keonhacai net1 business results in 8 months increased by more than 50% compared to keonhacai net1 same period last year and orders received to be processed until keonhacai net1 end of keonhacai net1 year. This achievement, in addition to retaining traditional customers in keonhacai net1 country and exporting to keonhacai net1 US, keonhacai net1 Middle East. In addition, keonhacai net1 enterprise also exploits in countries in keonhacai net1 region such as Cambodia, Thailand, Malaysia and Singapore.

However, businesses are also facing difficulties and challenges such as high unit prices of goods, technical barriers such as green standards, traceability... from importing countries. In addition, keonhacai net1 growth in export orders comes mainly from FDI enterprises, while purely Vietnamese enterprises are still "living hand to mouth".

Chairman of keonhacai net1 Ho Chi Minh City People's Committee, Mr. Phan Van Mai, commented that in keonhacai net1 third quarter of 2024, Ho Chi Minh City still maintained its growth rate but had no breakthrough. Disbursement of public investment capital was very low, reaching only 20% of keonhacai net1 annual plan. Therefore, keonhacai net1 task set for keonhacai net1 fourth quarter is very large, keonhacai net1 city must focus highly, "sprint" to complete keonhacai net1 annual plan.

In addition, through keonhacai net1 data, it shows that keonhacai net1 City's growth in keonhacai net1 third quarter was more than 7%. To achieve keonhacai net1 growth target of 7.5% this year, Ho Chi Minh City needs to have a growth rate of over 9% in keonhacai net1 fourth quarter, this is a very heavy task and difficult to complete if a breakthrough solution is not identified, Chairman of keonhacai net1 Ho Chi Minh City People's Committee Phan Van Mai emphasized.

Source:General Statistics Office of Vietnam

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