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Number of HCM City-based firms resuming operations skyrockets 500pct

by 198 Vietnam News
February 9, 2022
in VIETNAM MANUFACTURE NEWS
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The Folks’s Committee of Ho Chi Minh Metropolis has introduced that 4,850 companies within the metropolis resumed their operations in January, up 36.3 % year-on-year, and practically 500 % month-on-month.

 

The Folks’s Committee of Ho Chi Minh Metropolis has introduced that 4,850 companies within the metropolis resumed their operations in January, up 36.3 % year-on-year, and practically 500 % month-on-month.

Within the month, over 3,190 new corporations have been established, an increase of 24.6 % in opposition to the identical month of 2021, whereas 382 dissolved, down 7.73 % year-on-year and 27.2 % month-on-month.

Many enterprises made constructive strikes in January. The Saigon Hello-Tech Park, for instance, reported a manufacturing worth of over 1.65 billion USD and an export worth of 1.54 billion USD, each up 5 % year-on-year.

As well as, town’s January agro-forestry-fishery manufacturing worth inched up 1.5 % year-on-year.

The biggest Vietnamese metropolis additionally loved a year-on-year improve of 19.4 % in finances income in January, amounting to 47.8 trillion VND (2.1 billion USD).

In February, town will undertake varied options to soundly and flexibly adapt to and successfully management the COVID-19 pandemic and proceed enhancing the standard of city governance and funding atmosphere and assist enterprises.

The municipal Folks’s Committee is predicted to situation a plan to restructure State-owned enterprises and people with State capital within the metropolis within the 2021-2025 interval, and focus extra on restoring outdated flats and constructing social housing initiatives, dashing up development on the metro line No.1, and investing in constructing the metro line No.2 and belt roads No.3 and 4.

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