On the afternoon of September 9, the Ho Chi Minh City People's Committee held a Socio-Economic Conference for August and the first 8 months of 2025, and discussed key tasks and solutions in September and the last months of the year.
Reporting at the conference, Director of the Department of Finance Nguyen Cong Vinh said that Ho Chi Minh City's industrial production index (IIP) in August 2025 is estimated to increase by 4.3% compared to the previous month and increase by 10.2% compared to the same period in 2024. Accumulated for 8 months, IIP of the entire industry increased by 6%.
Notably, 4 key industries (mechanical, electronics - information technology, chemicals - rubber - plastic, food starch processing) are estimated to increase by 11%. The three traditional industries including textiles, garment, leather and related products also grew by 10.6%.
According to the leader of the Department of Finance, this result reflects the positive recovery of Ho Chi Minh City's industry, thanks to business support policies and appropriate development strategies.
Total retail sales of goods and consumer service revenue in August 2025 reached VND166,243 billion, up 15.8% over the same period. Of which, retail sales of goods reached VND84,838 billion (up 17.3%); accommodation and catering services VND19,559 billion (up 20.8%); travel services continued to be a bright spot, reaching VND5,395 billion (up to 38.9%).
In the first 8 months, total retail and consumer services reached VND1.238 trillion, up 15.6% over the same period in 2024.
Export activities in August are estimated at 8.17 billion USD, up 4.7% over the previous month. Accumulated for 8 months, export turnover reached 61.21 billion USD, up 6.35% over the same period.
On the other hand, import turnover in August reached 8.93 billion USD, up 4.32%. Accumulated for 8 months, imports reached 65.67 billion USD, up 9.03%. Import demand is mainly to meet domestic production and consumption.
Ho Chi Minh City has completed the detailed allocation of public investment capital of about VND151,431 billion, reaching 127% of the capital assigned by the Prime Minister (VND118,948 billion).
As of August 29, the city has disbursed VND51,533 billion, reaching 43.3% of the capital plan assigned by the Government and 34% of the capital plan implemented by the city. Of which, the central budget capital disbursed is VND6,711 billion (43.9%), local budget capital is VND44,822 billion (43.2%).
At the conference, delegates focused on discussing many key issues such as financial management, budget and public assets in the initial stage of implementing the two-level government model; promoting disbursement of public investment capital, attracting domestic and FDI investment; removing difficulties after two months of operating the new model, and at the same time evaluating the initial activities of the Commune-level Public Administration Service Centers with a focus on implementing borderless administrative procedures.
In addition, the conference also discussed solutions to implement economic growth targets in the last four months of the year, focusing on green transformation, building Ho Chi Minh City International Financial Center, responding to US tariffs, supporting export enterprises, reforming administrative procedures in project implementation...
