HCM City sees economic stability

Total retail sales, services sales, export turnover and the industrial development index increased compared to the same period last year. Domestic revenues saw the most significant increase.

Regarding credit growth, total loans for the past 11 months increased 11%. Loans for businesses in production accounted for 80% of credit. Registrations for establishing new businesses increased by over 30% in terms of the number of new firms, and over 40% in registered capital. GDP growth in the city is expected to reach 9.8% this year.