Can Tho, (VNA) – The Mekong Delta city of Can Tho earned anestimated 618.5 million USD from exports in the first five months of this year,up 20 percent year on year.
Director of the city’s Planning and Investment Department Nguyen VanHong reported to the regular meeting of the municipal People’s Committee on May30 that the figure was equal to 43.9 percent of the yearly export value target.
Most staple goods posted good growth compared to the same period lastyear, such as rice with increases of 26.5 percent in volume (316,050 tonnes)and 24.2 percent in value (nearly 134 million USD). Aquatic products broughthome 226.4 million USD, up 18.56 percent with shipment volume rising nearly 33percent to 63,484 tonnes.
Some other minor exports also enjoyed high increases in value, such asfine art and handicraft up 31.2 percent, garment 41.3 percent, and steelproducts 147.4 percent.
The good performance of export is attributable to efforts of relevantagencies and enterprises in the city in seeking new markets and improvingproduct quality.
In 2017, trade promotion activities helped Can Tho lure investment andincrease export revenue.
The city earned nearly 1.8 billion USD from export and service revenue,5.9 percent above its goal and 13.9 percent higher than the figure in 2016.
Can Tho is the only city in the Mekong Delta and a development drivingforce of the Southwest region.-VNA
Leaders of the Mekong Delta city of Can Tho on May 18 held a working session with managers of AEON Vietnam Co. Ltd., an affiliate of AEON Japan, about the possibility of building a shopping mall in the locality.
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The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
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This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
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With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Illustrative image (Photo: VNA) 
