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

01 Jul

By: B&Company Vietnam


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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

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