City People's Committee Ho Chi Minh City held a meeting on the socio-economic situation in April and implemented tasks in May 2022

City. Ho Chi Minh City has determined that 2022 will focus on economic recovery, creating momentum to accelerate development in 2023 and the following years, in which businesses will be the center of economic growth. With positive signs of change in recent times, the production situation at enterprises in the city continues to have a positive trend.

Up to now, most industrial production enterprises in the city. Ho Chi Minh City has resumed production after a period of interruption due to the Covid-19 epidemic. Many businesses and retailers in the city have planned to coordinate with manufacturers and suppliers to increase the amount of essential goods to prepare goods to serve the market.

In particular, manufacturing enterprises have stabilized production, especially staple foods, garments, chemicals, food technology, etc. to stimulate consumer demand. Accordingly, the index of industrial production (IIP) in April is estimated to increase 2% over the previous month, up 9.7% over the same period. Generally, the first four months of 2022 are estimated to increase by 2.6% over the same period (in the same period, by 9.7%), of which four key industries are estimated to increase by 6% over the same period.

Notably, the import and export activities of the city. Ho Chi Minh continued to achieve many prosperity. Accordingly, the total export turnover of goods of HCMC enterprises in the first four months of the year was estimated at 13.9 billion USD, up 3.6% over the same period (up 12.8% in the same period). In which, the main export products are computers, electronic products and components, up 20.2% over the same period; textile and garment increased by 88.2% over the same period; machinery, equipment, tools & spare parts increased by 47.7% over the same period; vegetables and fruits increased by 103.4 % over the same period...

Textile and garment export turnover of enterprises in Ho Chi Minh City. Ho Chi Minh City in the first 4 months of 2022 increased by 88.2% over the same period in 2021

In the service sector: Total retail sales of consumer goods and services in the month were estimated at about VND 95,612 billion, up 3.2% over the previous month and up 6.2% over the same period last year. However, the total retail sales decreased slightly by 0.46% compared to the previous month, mainly because the price of raw materials, gasoline, gold and silver fluctuated in March, affecting the price as well as the revenue of the company. many product groups.

In general, although there are still difficulties and challenges in the production recovery process after the epidemic, many enterprises in the city. Ho Chi Minh City has confidently, flexibly and quickly found a way to maintain production and resume a smooth supply chain in the context that the Covid-19 epidemic still tends to be complicated. In particular, some FDI enterprises have started looking for domestic suppliers to replace. This is also a good opportunity for domestic supporting industry enterprises to deeply participate in the global supply chain and increase their competitiveness with foreign enterprises.

Enterprise - the center of economic growth

Regarding the key tasks in May and the following months in 2022, according to Mr. Phan Van Mai - Chairman of the City People's Committee. In Ho Chi Minh City, the city continues to implement more drastically and synchronously the Government's Resolution No. 11 in 2022 on the Program to implement Resolution No. 43 of the National Assembly on fiscal and monetary policies to support the Program of Rehabilitation. recovery and socio-economic development in 2022...

Mr. Phan Van Mai - Chairman of the City People's Committee. Ho Chi Minh, speaking to direct the session

In addition, synchronously deploying solutions to manage and exploit revenue sources, strengthen spending control, and improve the efficiency of budget use. In which, the City Customs Department needs to promote the effectiveness of the Working Group to support import-export enterprises. To step by step perfect the application of digital signatures to the issuance of electronic documents. Strengthen public services online 24/7; The Management Board (MB) of the Export Processing Zone - Industrial Park and the Management Board of the Hi-Tech Park will focus on reviewing administrative processes and procedures, helping to remove difficulties and creating favorable conditions for enterprises to invest in expansion according to regulations. . At the same time, regularly exchange and receive opinions of associations and foreign investors in order to share difficulties and create conditions for quickly stabilizing production and business activities.

At the same time, well organized a conference to review and summarize the program of socio-economic development cooperation between the city. Ho Chi Minh City with provinces and cities, as well as speeding up the completion of procedures for the Ring Road 3 construction project. At the same time, continuing to carry out Covid-19 epidemic prevention activities. Strengthen treatment, especially in severe cases; strengthen investigation and surveillance activities for suspected cases, close contacts, cases returning from epidemic areas, etc.

Minh Khue