The HCM City Union of Business Associations has proposed authorities to resolve difficulties faced by businesses suffering from a sharp in export orders.
The capital comprises $196.6 million in foreign investment and over VND8.15 trillion ($352.48 million USD) in domestic investment, the HCM City Export Processing and Industrial Zones Authority (HEPZA) said on January 5.
HCM City exported US$4.1 billion worth of goods in January to again rank first in the country after doing so in December, according to statistics from the General Department of Viet Nam Customs.
Right from the first days of the new year, many export enterprises in HCM City have exported tonnes of products to new markets, signalling a good start for the city''s export performance for the year.
Exports by HCM City companies in the first eight months of the year topped US$28.4 billion, a 4 per cent increase year-on-year, according to the local Department of Industry and Trade.
HCM City’s Export Processing and Industrial Zones Authority (HEPZA) is working to add more land for supporting industries, according to the city’s Department of Industry and Trade’s Centre for Supporting Industry Development.