Cat Lai Port in HCM City. Exports in the city have gone up in the first five months of the year in comparison with the same period last year (Photo: VNA) Exports have gone up in comparison with the same period last year.
International and domestic investment in the city continues to grow, with thelatter surging by 2.4 times. FDI was worth nearly 1.37 billion USD, anincrease of 45.8 percent.
Job creation, vocational training and support for poor people have beenefficient to ensure social welfare.
The city’s revenues were 147.5 trillion VND (6.6 billion USD), an increase of 18.4percent.
Total exports turnover of enterprises in the city was around 14 billion USD, anincrease of 17.1 percent compared with the same period in 2016.
The star performers were rubber whose export value rose by 39.8 percent,computers and electronic equipment (67.3 percent), and transport vehicles andaccessories (95.1 percent).
Imports cost 16.6 billion USD, an increase of 18 percent.
Services and retail sales grew by 10.6 percent and industrial output increasedby 7.1 percent.
Some 15,492 new companies with a combined registered capital of 453.6 trillionVND (20 billion USD) were licensed in the first five months, 2.4 times thenumber incorporated in the same period last year.
“The rainy season is approaching and the flooding situation is still bad,” Vo VanHoan, head of the Office of the People’s Committee, said.
“Encroachment of the drainage system should be dealt with.”
After a meeting held on May 29 to review the socio-economic performance, areporter asked why the city’s campaign to clear pavements of encroachers andhawkers seems to have gone quiet.
He replied that the next measures have been thoroughly considered forimplementation to ensure poor people are not affected while also maintainingurban order.
“The city will soon announce parking regulations with fixed fees. Themanagement will be improved through technology and cameras.”
When another reporter asked about the quality of the nearly 250km of Chinesepipes used in the city’s water supply system -- or 53 percent – a Department ofTransport official assured that all pipes meet safety criteria and thewater quality is often checked.
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He revealed that the department plans to recommend a temporary halt tolicensing of ride hailing companies to reduce the number of cars on thestreets.
An official from the city Anti-Flooding Centre reported that the centremaintains 80 percent of the drainage system, 10.3km of canals and all waterpumping stations.
“We have arranged for workers to clean the drainage system during heavy rainsbut encroachment of the drainage network is severe,” he said. -VNA
VNA
