Results of implementation of several important items after first 6 months in Ho Chi Minh city

01 Jul 2014

By: B&Company Vietnam

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08-08-2014

In the 2nd quarter of 2014, economy in Ho Chi Minh city continues to grow, especially construction industry propers considerably. Commerce & service has no remarkable change but rises stably. Real estate has recovered to some extent especially in segmentation of low-price apartment block which is evaluated as to be potentially  vigorous.
GDP this quarter is 8.7 % which was 7.7% last quarter.  In general GDP after first 6 months of 2014 is 8.2% higher than the same period last year (which is 7.9%). Industrial production reaches 5.6% (same period last year it was 5.2%). Total investment capital stands at  60.134 billion VND, rises 3.2% (same period last year it was 3.1%). Except for crude oil, export increases 5.7% compared to same period last year. Foreign investment of newly registered projects reach 794 million USD. Total revenues of retail and service increases 12.8%. National budget income is 14.9% higher than the same period last year meanwhile national budget spending rises 3.9% (last year – 10%)
 
Source: HCMC Statistics Office

The information and statements contained herein, including any expression of opinion, are based upon sources believed to be reliable but their accuracy, completeness or correctness is not guaranteed. B&Company Vietnam accepts no liabilities whatsoever for any direct or consequential loss arising from any use of this document or its contents.
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