Illustrative image (Source: VNA)
HCM City (VNA) - The index of industrial production
(IIP) of major industries in
Ho Chi Minh City increased 7.5 percent year-on-year in
the first quarter of this year, 3.7 percentage points higher than the sector’s overall
growth.
Such figures reflect the fact that
COVID-19 has been contained
in the city and an optimal business and production environment created for
enterprises.
Nguyen Nguyen Phuong, head of the bureau of planning
and finance under the municipal Department of Industry and Trade, said the
city’s IIP in March jumped 29.4 percent month-on-month and 2.2 percent
year-on-year.
The index rose 3.8 percent year-on-year in the first quarter.
Shifting the marine economic model in the coastal
district of Can Gio towards ecological
environment conservation and humanity
would be a breakthrough of the city, according to the official.
At the workshop (Photo: VNA)
There is an evitable need for HCM City to turn itself
into a hub of finance and commercial services of regional and international
standards, he said.
Dr. Nguyen Duc Hien, deputy head of the Party
Central Committee’s Economic Commission, said Vietnam has a coastline of more
than 3,600km, covering 28 out of 63 cities and provinces.
The coastal localities make up 58.2 percent of
national FDI, 36.6 percent of the country’s export-import value and 58 percent