HCMC speeds up, recovers robustly

Highest budget revenue in the past four years

Ms. Le Thi Huynh Mai, Director of the Department of Planning and Investment of HCMC, said that the city's economy continued to recover robustly, helping people and businesses to feel secure in production and business activities. Especially, in April, some economic sectors showed signs of prosperity, acceleration, and strong recovery compared to previous months and over the same period.

Specifically, the index of industrial production (IIP) in April 2022 is estimated to increase by 2 percent compared to the previous month and 9.7 percent over the same period. Total retail sales of consumer goods and services in the month exceeded VND95.6 trillion, up 3.2 percent over the previous month and 6.2 percent over the same period.

Generally, all economic sectors had good growth rates in the first four months. Total export turnover through the HCMC border gate was estimated at US$13.9 billion, up 3.6 percent year-on-year. The IIP was estimated to rise by 2.6 percent year-on-year. Of which, four key industries were estimated to climb by 6 percent year-on-year.

Meanwhile, Ms. Pham Thi Hong Ha, Director of the Department of Finance of HCMC, said that the total State budget revenue was estimated at nearly VND168.2 trillion, reaching 43.5 percent of the estimate, up 13.87 percent year-on-year, the highest increase in the past four years.Paying attention to housing development Mr. Phan Van Mai, Chairman of the People's Committee of HCMC, assessed the socio-economic situation in the city to continue to recover more strongly and more synchronously and achieve good results. In May 2022, Mr. Phan Van Mai requested to continue to monitor and control the Covid-19 pandemic situation in the city, and at the same time, focus on solutions to control the dengue fever epidemic and some other diseases that may occur at the beginning of the 2022 rainy season.

Regarding the implementation of the theme of 2022, Chairman of the municipal People's Committee Phan Van Mai requested to prepare conferences and seminars to receive opinions from agencies, experts, the business community, and citizens to summarize the Politburo's Resolution 16-NQ/TW on the directions and tasks for the development of HCMC until 2020 and to summarize the National Assembly's Resolution 54/2017/QH14 on piloting specific mechanisms and policies for the development of HCMC. In addition, the Office of the People's Committee of HCMC and the Department of Home Affairs of HCMC need to review and immediately advise on the decentralization and authorization of Thu Duc City and be drastic in administrative reform. Mr. Phan Van Mai requested the Department of Home Affairs to urgently complete the HCMC online public service portal, especially to achieve the goal of implementing 100 percent of online public services at levels 3 and 4. According to him, it has not been over yet by just converting public services to the online form, but it is necessary to propagate and create favorable conditions for citizens to achieve the highest rate of using online public services.

To improve the quality of people's lives, Mr. Phan Van Mai emphasized that the city would continue to implement the housing development program in HCMC. On the occasion of April 30, 2022, HCMC will start construction to replace some old apartments, worker accommodation, and social housing. However, if there are only a few thousand apartments to be built, this figure remains modest compared to the housing needs of up to millions of units of citizens. Therefore, it is necessary to promote housing development. Especially, the city must initiate and carry out the relocation of houses on and along the canals, striving to basically resolve this issue by 2025. He also directed to speed up the completion of procedures for the Ring Road 3 construction project and some other projects and drastically adopt measures to disburse public investment capital. In the field of tourism, Mr. Phan Van Mai assessed the movements of tourism enterprises as very good. He asked the Department of Tourism to continue to accelerate activities to recover tourism, especially in the summer of 2022. He also requested to ensure absolute safety for the fireworks display on the occasion of the National Reunification Day, April 30, and the International Labor Day, May 1.