Ho Chi Minh City maintains decent economic growth in four months

  • A Louis Vuitton boutique is located on Dong Khoi-Le Loi intersection, District 1. VNA Photo: Hồng Đạt
    A Louis Vuitton boutique is located on Dong Khoi-Le Loi intersection, District 1. VNA Photo: Hồng Đạt
  • A Lacoste boutique on Dong Khoi street, District 1. VNA Photo: Hồng Đạt
    A Lacoste boutique on Dong Khoi street, District 1. VNA Photo: Hồng Đạt
  • Many luxury boutiques are located on Dong Khoi street, District 1. VNA Photo: Hồng Đạt
    Many luxury boutiques are located on Dong Khoi street, District 1. VNA Photo: Hồng Đạt
  • Luxury boutiques are concentrated on busy streets of the city. VNA Photo: Hồng Đạt
    Luxury boutiques are concentrated on busy streets of the city. VNA Photo: Hồng Đạt
Ho Chi Minh City's economic indicators showed decent growth in the first four months, although the disbursement rate of public investment remained low. Between January and April, the industrial production index (IIP) of the southern economic hub went up by 5.1% compared to the same period last year. Its total retail sales of goods and revenue from consumer services, and tourism earnings reached some 366.95 trillion VND (14.67 billion USD) and 60.04 trillion VND, up 12% and 17.4% year-on-year. The city's export and import turnover, meanwhile, was estimated at 15.05 billion USD and 18.06 billion USD, year-on-year increases of 18.1% and 6.57%, respectively. The metropolis collected close to 183.45 trillion VND for the State budget, equivalent to 38% of the estimate and an annual growth of 7.5%. VNA Photo: Hồng Đạt

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