Can Tho (VNA)🃏 – A host of measures were proposed at a seminar on December 15 to turn the Mekong Delta city of Can Tho into an industrialised one before 2020.
Tran The Nhu Hiep from the Socio-Economic Institute under the municipal People’s Committee suggested Can Tho focus on industrialisation, human resources and scientific-technological development, urbanisation and environmental protection.
The city should prioritise key industrial sectors with high competitiveness, especially the support industry, he said.
At the same time, the locality was advised to pay more heed to attracting investment to industrial areas and clusters such as Hung Phu I and II, Thot Not and Bac O Mon, as well as agricultural and aquatic product processing in districts.
To win the set status, the city has set forth specific development strategies which emphasise growth model reform, the mobilisation of different resources, industrial restructuring and technological transfer, among others.
According to the municipal People’s Committee, Can Tho has so far fulfilled 15 out of the 16 socio-economic development targets in 2015.
The gross domestic product (GDP) is estimated to reach over 78 trillion VND (3.4 billion USD), a year-on-year increase of 12.28 percent. Industry, construction, and services make up 93.42 percent of the local economic structure while agriculture, forestry, and seafood account for 6.58 percent.
The city has attracted 12 investment projects worth 30.6 million USD into industrial parks this year, raising the total number of valid projects to 220.-VNA
The Mekong Delta city of Can Tho is exerting every effort to increase the competitiveness of local businesses in the regional integration, especially with the formation of the ASEAN Community.
Paris (VNA) – The potential and strengths of Can Tho and other localities in the Mekong Delta region were introduced to French businesses at a trade promotion conference held in Paris on November 30.
Can Tho will push ahead with economic restructuring and shift of growth model in 2016 to increase local competitive edge and sustainable development, heard a meeting in the city on December 11.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
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Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
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Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.
Illustrative image (Source: VNA)
