Illustrative image (Source: VNA)Marked hikeswere seen in wood, bamboo, and rattan processing (excluding beds, wardrobes,tables, and chairs) (up 97.4 percent), the production of metallic mineralproducts (87.6 percent), and motor vehicle manufacturing (86.4 percent).
Of majorindustries, electronics expanded 61.9 percent, pharmaceutical chemistry 51.7percent, mechanics 44.3 percent, and food and beverages 27.3 percent.
The consumptionindex of the processing and manufacturing industry in the month increased 37.4percent against the same period last year but its stockpile index rose 22.1percent.
Nguyen PhuongDong, Director of the municipal Department of Industry and Trade, said that thanksto COVID-19 prevention and control measures, the southern metropolis hasgradually recovered its economic activities.
The city should,however, further study new policies, most notably the resolution on theEU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam InvestmentProtection Agreement (EVIPA).
He also urgedenterprises to keep a close watch on the pandemic, keep in touch with customers,and raise proposals on market opening, while focusing on major exports.
The municipalStatistics Office reported that total export turnover of enterprises based inHCM City exporting via border gates around the country reached some 3.63billion USD, down 15.2 percent against December 2020.
China remainedthe largest market for HCM City’s enterprises, buying over 716.6 million USDworth of goods during the month, up 20.3 percent year-on-year.
Meanwhile, HCMCity’s exports to the European market stood at 463.9 million USD in January, ayear-on-year increase of 23.7 percent.
Experts said theseachievements will create a foundation for enterprises in the southern economichub to conquer markets in 2021 and adapt to changes in their customer base./.
Nguyen PhuongDong, Director of the municipal Department of Industry and Trade, said that thanksto COVID-19 prevention and control measures, the southern metropolis hasgradually recovered its economic activities.
The city should,however, further study new policies, most notably the resolution on theEU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam InvestmentProtection Agreement (EVIPA).
He also urgedenterprises to keep a close watch on the pandemic, keep in touch with customers,and raise proposals on market opening, while focusing on major exports.
The municipalStatistics Office reported that total export turnover of enterprises based inHCM City exporting via border gates around the country reached some 3.63billion USD, down 15.2 percent against December 2020.
China remainedthe largest market for HCM City’s enterprises, buying over 716.6 million USDworth of goods during the month, up 20.3 percent year-on-year.
Meanwhile, HCMCity’s exports to the European market stood at 463.9 million USD in January, ayear-on-year increase of 23.7 percent.
Experts said theseachievements will create a foundation for enterprises in the southern economichub to conquer markets in 2021 and adapt to changes in their customer base./.
VNA
