As reported by the Statistical Office of Hanoi, in November and 11 months of 2015, the economy continues to recover, total retail sales of merchandise and service revenues of 11 months is estimated at 1,753 billion, up 11.5% over the same period of last year. Export turnover reached more than US$ 10.2 billion, up 3.1% over the same period. Some items have a high growth rate as glass group rose 8%, textiles 15.3%, footwear and leather products increased by 9.2%, agricultural exports increased by 6%.
These positive factors help to stabilize commodity prices in November as commodity supply continues to be stable, the deposit rate and the lending rate at a low level and the city has hosted many large programs such as trade program to stabilize the market of essential commodities; affiliate programs and regional trade connections between Hanoi and other provinces; bring Vietnamese goods to rural areas, export processing zones and industrial parks in the Capital. November is also the time the Department of Trade named Hanoi Promotion Month with 31 points that are electronics supermarkets, shopping mall, synthesized supermarket, major apparel brands in the city to serve shopping needs of the people and contribute to limit price growth, curb inflation, promote market, etc.
Outstanding bank linkage programs and businesses have active support and capital investment by businesses innovate equipment, procurement of raw materials for production, business and market expansion, the model for replication nationwide. Accordingly, nine credit institutions registered credit packages with a total registered over 11,700 billion, while short-term loans was 9379 billion (rate from 4.4% - 7.5 %), long-term loans 2 372 billion (from 5.99% interest rate - 10%). In addition, there are 2 companies registered in the program in the form of non-capital advance.
Besides, the retail sector sales of goods and services, agriculture, livestock, tourism, total deposits, the state budget revenues to continue positive change, has brought many a positive impact for the economy in the last months. The latest statistics, the total budget revenue in 10 months in the city reached 87.4% and 116.9% over the same period.
In December, the situation of preparing goods for Tet is the main problem, so that is the main segment of this month's domestic trade, foreign trade, transport and market prices. To implement the directive of the City, Hanoi Department of Trade and Industry plans to deploy and balance supply - demand for goods and stabilize the market in the end of 2015 and New Year 2016. At the same time, in close collaboration with the industry, the level and enterprise manufacturing to distribute goods in the province to carry out this task effectively. It is expected that the total volume of goods essential for the Lunar New Year in the city reached 15,000 billion. The City also decided on a capital advance of 236 billion for 10 companies to hoard essential commodities, including: glutinous rice, pork, chicken, eggs, seafood, edible oils and fresh vegetables for stabilizing markets, to meet the consumer demand of the people in the last days of 2015.
In addition, the commercial center, supermarkets like Big C, Vinmart, Fivimart, Intimex, Hapro, Citimart, etc will increase reserve selling with essential commodities to accommodate the year-end and New Year preparations. The new big commercial center put into operation as Lotte Mart, Vincom Center Nguyen Chi Thanh, AEON Mall commercial center, etc plan to attract and welcome people to have fun, shopping for Tet.
