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HCM City's major industries regain growth momentum | Business


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. ....

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