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In mid-August, activities to prepare for the first day of school for the new school year contributed to an increase in the consumption index in the third quarter, helping to maintain a strong and stable growth in the service, trade and retail sectors of Ho Chi Minh City. The policy of not increasing hospital fees and tuition fees until the end of 2022, even needing to be a pioneer in supporting and implementing the proposal of the Ministry of Education and Training in considering tuition fee exemption and reduction is an important orientation. important. On the one hand, the city strives to achieve the key goal of stabilizing the consumption index; on the other hand, strengthening the application of price stabilization of goods for the opening ceremony and essential items of the food and food group as a practical move to share the burden with people - parents.
With the total retail sales of consumer goods and services in July in the city increased by 1.4% compared to the previous month and increased by 139.8% compared to the same period in 2021 (estimated at about 100,320 billion VND). ), accumulated over the past 7 months, total retail sales of consumer goods and services increased by 16% over the same period last year (estimated at VND656,119 billion). The recovery momentum of the service industry was continuously maintained and new milestones were established.
The policy of opening up and recovering the economy after the pandemic has been effective. Holding and promoting this positive, stable recovery momentum, the city will soon transition into the accelerated phase with the simultaneous implementation of prepared and prepared measures such as: from reactivating areas. night market, more effective exploitation of pedestrian streets and associated services to the calculation to fully activate the night economy. Along with that are activities and series of events that have great attraction for both locals, visitors and visitors.
These are the "combo" designed to connect with tourism - the field that is considered the strongest recovery point of the last months of the year. The city's tourism industry must immediately seize the strong recovery momentum in recent months to make the most effective use of the big, long holidays and Tet holidays.
In the past 7 months, the total revenue of the city's tourism industry increased by 57.82% over the same period (estimated at VND 60,379 billion); In which, domestic tourists to Ho Chi Minh City were estimated at 13.3 million arrivals, up 71.73% over the same period and international visitors were estimated at 765,585 arrivals. These numbers will continue to increase if we take advantage of activities and policies such as stimulating consumer demand in association with supporting businesses to launch promotions and put products on online commerce platforms; to build more tourist routes combining sightseeing, shopping, entertainment, entertainment, riverside economy, water tourism ... to "reach the destination" at the end of the year successfully.
If the service - retail trade is holding a strong recovery momentum, in the industry - processing shows signs of slowing down.
This temporary downward trend (shown in industrial data, data from export processing zones/high-tech zones) is explained by objective reasons. This decline is forecasted to be clearer in the last 2 quarters of the year, especially in the electronics and textile manufacturing industries.
Vietnam in general and Ho Chi Minh City in particular are looking for ways to keep the processing industry from going down in the last months of the year. In particular, focus on promoting disbursement of public investment in transport - logistics infrastructure projects, reform - shorten administrative procedures. In particular, projects that have been licensed but have not been able to implement procedures, causing large cash flow stagnation can be brought into the city's manufacturing and industrial sectors, especially projects that have been registered but have not been implemented yet. deployed in the High-Tech Park of Ho Chi Minh City.
In the context of the global geo-political-economic situation, which is complicated, facing many impacts from the management of policies of major countries, in terms of prices, energy supply, petroleum, raw materials, etc. input materials..., Ho Chi Minh City in particular, and Vietnam in general must make efforts to control inflation, especially towards the end of the year without reducing the recovery momentum of the service - tourism, and consumer sales. besides maintaining the "flow" of both traditional and alternative supply chains to be able to reverse the decline of the processing industry in the coming period.
NGUYEN QUAN CAT
https://www.sggp.org.vn//tphcm-voi-hai-da-tang-chung-834824.html
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