City Statistics Department. Ho Chi Minh City said that the city's total GRDP in 2023 is estimated to reach 1.621.191 billion VND, an increase of 5,81% over the same period in 2022.
Of which, the commercial and service sector increased by 6,79%; The industrial and construction sector increased by 4,42%, the industrial sector increased by 4,41%, product tax increased by 3,57% and the agricultural, forestry and fishery sector increased by 1,53%.
 |
| The city's total GRDP in 2023 is estimated to reach 1.621.191 billion VND, an increase of 5,81% over the same period in 2022. |
According to the City Statistics Department, except for the real estate business with a negative growth rate of 6,38%, the remaining industries all had good growth rates such as wholesale and retail increased by 10,17%; transportation and warehousing increased by 7,64%; information and communication increased by 5,94%; education and training increased by 7,03%; Scientific and technological professional services increased by 6,61%; finance, banking and insurance increased by 5,69%; Scientific and technological professional services increased by 6,61%; medical and relief activities increased by 3,24%. The accommodation and food service industry alone has the highest increase (+16,38%) compared to 2022.
Regarding economic structure, based on current prices, the industrial and construction sector accounts for 21,9%; Product tax minus product subsidies accounts for 12,7%; Agriculture, forestry and fisheries sector accounts for 0,5%; and the trade and service sector accounts for 64,9%;
Explaining the positive numbers of service trade activities, the leader of the City Statistics Department said that in recent times, the city has built many promotion programs to stimulate consumption, especially for the salary goods group. food, garments, and means of transportation, so domestic purchasing power continues to be maintained. However, people still have the mentality of tightening spending and the market for shopping and consuming goods in the month leading up to Tet is not yet vibrant.
Total retail sales of goods and consumer service revenue in December 12 are estimated to reach VND 2023 billion, an increase of 110.798% compared to the previous month (commercial revenue increased by 4,2%, accommodation and food services increased 5,1%, travel services decreased 3,0%, other services increased 4,7%) and increased 3,3% over the same period. Retail sales of goods in December are estimated at 15,4 billion VND, up 12% over the previous month and up 64.198,5% over the same period. In particular, most product groups had a high increase of over 5,1% over the same period such as: Food and foodstuffs increased by 18,1%; garments increased by 10%; Household appliances, tools and equipment increased by 14,1%; Cultural and educational items increased by 13,2%; gasoline and oil increased by 20,6%; wood and construction materials increased by 14,1%; passenger cars increased by 34,6%; precious stones and metals increased by 13,0%; Motor vehicle repair increased by 26,5%.
It is estimated that for the whole year 2023, retail sales of goods will reach 697.604,7 billion VND, accounting for 58,6% of total retail sales of goods and service revenue, an increase of 11,6% compared to 2022, of which many Product groups with high increases include food and beverage products (+20,7%); Household items, tools, and equipment (+12,4%); Group of cultural and educational items (+15,5%); passenger car group (+13,0%); Petroleum product group (+20,9%); gemstones and metals (+42,5%) and motor vehicle repair (+55,5%).
Mr. Nguyen Khac Hoang, Director of the City Statistics Department. Ho Chi Minh said that, from practical lessons in 2023, continuing the growth momentum from Resolution No. 98/2023/QH15, to achieve the City's GRDP growth target from 7,5% to 8%. , The city needs to focus on solving many problems well.
According to Mr. Hoang, the city needs to focus on handling land bottlenecks; Resolve legal conflicts regarding land allocation procedures, determination of compensation unit prices, and capital construction payment procedures to speed up the disbursement of public investment capital; Continue to review and propose to Ministries, branches and the Central Government to amend the inadequacies of overlapping regulations in Law projects, giving priority to removing regulations related to the implementation of assigned tasks in Resolution No. 98/2023/QH15; continue to implement well and synchronously solutions to stimulate public investment, encourage consumption among the population, support businesses to expand export markets, deploy promotion programs on a larger scale...; Strengthen forecasting, inspection and price stabilization, develop solutions to promptly respond to market fluctuations, especially import-export trends in the City's major markets, keeping Stabilize the financial market and real estate market; Promote the application of information and communications technology in all administrative activities of State agencies, take advantage of opportunities to accelerate the digitization of data in all agencies, especially population data and public data. Does the business…
