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Can Tho’s Q4 GRDP growth forecast at 2.91 percent

Gross regional domestic product (GRDP) growth in the Mekong Delta city of Can Tho in the fourth quarter of this year has been forecast at 2.91 percent, according to the Director of the municipal Department of Statistics, Le Ngoc Bay.
Can Tho’s Q4 GRDP growth forecast at 2.91 percent ảnh 1A view of Can Tho city (Photo: VNA)

Can Tho (VNA) - Gross regional domestic product(GRDP) growth in the Mekong Delta city of Can Tho in the fourth quarter of thisyear has been forecast at 2.91 percent, according to the Director of themunicipal Department of Statistics, Le Ngoc Bay.

The agro-forestry-fisheries sector is likely to post growth of 1.83percent, while the industry - construction and service sectors are thought torise 3.34 and 2.97 percent, respectively.

The city’s economic growth is to increase 2.2 percent for the year as a whole, Baysaid.

He noted that municipal authorities have paid due regard to promotinginvestment attraction, especially FDI, accelerating the disbursement of publicinvestment, removing difficulties facing business and production sectors, anddeveloping tourism into a spearhead economic industry in the time to come.

It has also focused on developing infrastructure networks, especially thoseserving logistics for processing farm produce for export.

Domestic demand stimulus programmes have been introduced, while culture, sports,and tourism activities will be held over the remaining months of the year tofurther promote consumption and create new value for the service sector.

The department reported that the city’s economy grew 2.49 percent in the thirdquarter, resulting in growth of 1.98 percent in the first nine months of 2020./.
VNA

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