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Can Tho records growth of 5.61 percent in H1

The Mekong Delta city of Can Tho posted a gross regional domestic product (GRDP) growth rate of 5.61 percent in the first half of 2021, as many sectors have gradually recovered, announced the municipal statistics office on June 28.
Can Tho records growth of 5.61 percent in H1 ảnh 1Workers at an aquatic product processing plant for exports in Can Tho (Photo: VNA)
Can Tho (VNA)– The Mekong Delta city of Can Tho posted a gross regional domestic product (GRDP)growth rate of 5.61 percent in the first half of 2021, as many sectors havegradually recovered, announced the municipal statistics office on June 28.

Head of the office LeNgoc Bay said that it is a positive sign for the economy amid the ravages ofthe COVID-19 pandemic.

The services sectorsaw the highest expansion in the period by rising 6.64 percent and contributing3.4 percentage points to the city’s growth. Meanwhile, the industrial sectorand construction increased by 5.69 percent, taxes on products 3.72 percent, andagro-forestry and fishery sector 1.82 percent.

To obtain a GRDP growthrate of between 7.5-8 percent in this year as targeted by a resolution of thecity, Can Tho needs to implement concerted efforts in a swift and effectivemanner to facilitate production.

The city must continuecarrying out preventive measures to curb the spread of COVID-19 in thecommunity and foster economic development.

It is also asked tofurther reform administrative procedures to help local businesses access toincentives, thereby accelerating public investment disbursement in 2021, andremoving bottlenecks for projects which are lagging behind, especially majorones./.
VNA

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