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City tops budget revenue forecast

Update: November, 28/2014 - 07:47

The consumer price index (CPI) increased by only 2.02 per cent. — Photo baomoi

HCM CITY (VNS) — The city's budget collection reached VND231 trillion (US$10.8 billion) by November. This amounts to 102 per cent of the budget forecast.

At a recent municipal meeting on the city's socio-economic situation, the city's service sector, with a strong growth rate of 10.9 per cent, was praised as a significant factor behind the budget haul.

Foreign investment continues to be in the spotlight. In the past 11 months it brought in $2.9 billion.

Meanwhile, the consumer price index (CPI) increased by only 2.02 per cent.

City authorities told agencies and State-owned enterprises to increase promotional activities and ultilise advantages from trade agreements. — VNS

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