Summarizing socioeconomic conditions in October, director of the Department of Planning and Investment Su Ngoc Anh said that goods retail sales and services revenue were estimated to reach VND90,546 billion, up 1.7 percent over the previous month and 13.8 percent over the same period last year. Export turnover hit US$3.2 billion, an increase of 3 percent over August. It was US$31.3 billion in the first ten months, up 7.1 percent over the same period last year. Without crude oil, the turnover was estimated to touch $29.2 billion, up 9.7 percent. In industrial field, the city has organized a conference to announce the group of key products for businesses and agencies to have strategies and solutions to develop their industries or fields. The retail market share of local firms has been reducing because of severe competition from global retail chains. Meantime, domestic products have found difficult to enter retail chains for failing to meet quality requirements. So Mr. Phong proposed the … [Read more...] about HCMC speeds up to obtain this year growth target
Meet sales targets
City economy not on course to achieve 8.3 per cent growth target
HCM City must accelerate economic growth to achieve this year’s target of 8.3 per cent, a government meeting held yesterday to review socio-economic development in the first 10 months heard.— Photo vneconomy.vn HCM CITY — HCM City must accelerate economic growth to achieve this year’s target of 8.3 per cent, a government meeting held yesterday to review socio-economic development in the first 10 months heard. “Trade, service and tourism must achieve a high growth rate of 9 per cent in the last two months of this year to achieve the 8.3 per cent target,” Nguyễn Thành Phong, chairman of the city People’s Committee delivered, said. “This is the year-end season and goods produced for festivals are expected to increase by 20 per cent year-on-year,” a Department of Industry and Trade official said. “We believe this would bring significant growth in food and drink and retail sales. In addition, key industries like … [Read more...] about City economy not on course to achieve 8.3 per cent growth target
Can Tho city’s retail sales and services up 12%
Total revenue from retail sales and services in Can Tho city is estimated at VND100.5 trillion during Janury-October. At the municipal People’s Committee’s regular meeting on October 30, Director of the city’s Department of Planning and Investment Nguyen Van Hong said that retail and service revenues are expected to reach US$120.5 trillion (US$5.14 billion) for the whole of 2018, surpassing the set target by 2.47% and surging 12.26% from the previous year. The positive growth in retail sales and services has been spurred by the city’s efforts in improving its transport infrastructure, which in turn has facilitated the transportation of goods and travel for both local people and tourists. Reform of administrative procedures has made the city more attractive to investors, while on the other hand, it has bolstered internal trade activities, especially in the spheres of food, garment and textiles, consumer goods and materials, among others. As the city has … [Read more...] about Can Tho city’s retail sales and services up 12%
Can Tho city’s retail sales and services up 12 percent
Total revenue from retail sales and services in Can Tho city is estimated at 100.5 trillion VND during Janury-October. (Photo: VNA) Can Tho (VNA) – Total revenue from retail sales and services in the Mekong Delta city of Can Tho is estimated at 100.5 trillion VND (4.28 billion USD) during the January-October period, accounting for 85.5 percent of the yearly plan and an increase of 12.5 percent year-on-year. At the municipal People’s Committee’s regular meeting on October 30, Director of the city’s Department of Planning and Investment Nguyen Van Hong said that retail and service revenues are expected to reach 120.5 trillion VND (5.14 billion USD) for the whole of 2018, surpassing the set target by 2.47 percent and surging 12.26 percent from the previous year. The positive growth in retail sales and services has been spurred by the city’s efforts in improving its transport infrastructure, which in turn has facilitated the transportation of goods and … [Read more...] about Can Tho city’s retail sales and services up 12 percent
The Government’s regular meeting-September 2018
THE GOVERNMENT SOCIALIST REPUBLIC OF VIET NAMIndependence - Freedom - Happiness No. 124/NQ-CP Ha Noi, October 06, 2018 RESOLUTION THE GOVERNMENT’S REGULAR MEETING – SEPTEMBER 2018 THE GOVERNMENT Pursuant to the Law on Organization of the Government dated June 19, 2015; Pursuant to the Government’s Decree No. 138/2016/ND-CP dated October 01, 2016 promulgating the working regulation of the Government; Based on the discussion of the delegates and the conclusion of the Prime Minister at the Government’s regular meeting in September 2018, held on October 01, 2018, DECIDES 1. Regarding the document preparation for the 6th working session of the 14th National Assembly The Government requested: - Ministers and Heads of ministerial-level agencies directly instruct and urgently finalize draft laws and reports which will be submitted to the National Assembly under the responsibilities of their ministries and agencies according to the assignment, ensure the … [Read more...] about The Government’s regular meeting-September 2018