HCM City reviews development issues in 10 months

The Ho Chi Minh City People’s Committee held a meeting on October 27 to discuss socio-economic development over the past 10 months and develop strategies for the remaining months of this year.

It was reported that the target economic hub has maintained its growth with major targets fulfilled in the review period.

Total retail sales and services revenue continued to increase considerably, reaching more than VND373 trillion. Its consumer price index (CPI) in October rose by 0.18 percent compared to September. Industrial production value also rose while progress was made in implementing key projects.

In addition, the city effectively carried out programs for the poor and generated jobs for its residents.

The achievements were attributed to the local administration’s efforts in implementing a Government resolution aimed at controlling high inflation, stabilizing the macro-economy and ensuring social welfare.

At the meeting, Mayor Le Hoang Quan directed municipal departments and businesses to proceed with implementation of the Government resolution. He said efforts will be focused on closely monitoring market fluctuation to stabilize goods prices, and preparing an abundant supply of goods for the upcoming traditional Lunar New Year festival (Tet). – VOV

Tags: Vietnam economic, Vietnam economic growth, Vietnam economy, Vietnam economy 2011

Posted by VBN on Oct 28 2011. Filed under Economy News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry