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.
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Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
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A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
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PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
The Prime Minister emphasised the significance of maintaining macroeconomic stability, controlling inflation, promoting growth, and improving the harmony between monetary and fiscal policies.
Illustrative image (Source: VNA)
