Ca Mau sees considerable economic transformation after 25-year establishment

The southernmost province of Ca Mau has transformed itself from an agricultural province to a hub for aquaculture and seafood export in the Mekong Delta and Vietnam at large 25 years after it was established (January 1, 1997 – 2022).
 Ca Mau sees considerable economic transformation after 25-year establishment ảnh 1Da Bac Island in the Ca Mau district of Tran Van Thoi is an emerging tourist destination. (Photo: VNA)

Ca Mau (VNA) – The southernmost province of Ca Mau has transformed itself from an agricultural province to a hub for aquaculture and seafood export in the Mekong Delta and Vietnam at large 25 years after it was established (January 1, 1997 – 2022).

From 2015 – 2020, the province exported some 700,000 tonnes of aquatic products to earn nearly 5.6 billion USD in revenue. It remained as one of the country’s leading exporters of shrimp and experienced robust growth of sea-based economy.

 Ca Mau sees considerable economic transformation after 25-year establishment ảnh 2Shrimp processing for export at Minh Phu Seafood Corp in Ca Mau city. (Photo: VNA)

Its income per capita now stands at 2,277 USD per year, seven times higher than 25 years ago. The poverty rate plunged to 1.5% in 2022 from 30% in 1997.

Last year, Ca Mau posted a GDP growth of 0.92%, with exports exceeding 1.11 billion USD, up 63% from 1997.

The southernmost province has heavily invested in developing transport infrastructure, irrigation and electricity networks, and building schools and healthcare facilities, giving a major push to local socio-economic growth.

 Ca Mau sees considerable economic transformation after 25-year establishment ảnh 3Mui Ca Mau National Park in Ngoc Hien District is Vietnam's fifth Ramsar site. (Photo: VNA)

It has made considerable improvement in public administration reform as well as provincial governance, climbing eight places on the Public Administration Reform (PAR) Index rankings to the 41st place in 2020 and to the 31st position on the Provincial Governance and Public Administration Performance Index (PAPI) rankings, up nine spots, the same year.

According to Director of the provincial Department of Planning and Investment Phan Hoang Vu, the province currently houses more than 430 FDI projects with a total registered investment of more than 5.6 billion USD.

 Ca Mau sees considerable economic transformation after 25-year establishment ảnh 4Ca Mau Gas-Power-Fertiliser Complex contributes some 40% of the province's budget revenue annually. (Photo: VNA)

It is also home to various national strategic projects, including wind power farms and the Ca Mau Gas-Power-Fertiliser Complex developed by the Vietnam Oil and Gas Group (PetroVietnam), which consists of two gas thermal power plants with total capacity of 1,500MW, one fertiliser plant and 3,252km of gas pipeline.

Ca Mau holds great potential in agriculture, fisheries and marine economy, Secretary of the provincial Party Committee Nguyen Tien Hai told Chairman of the National Assembly Vuong Dinh Hue when Hue visited Ca Mau in January. In the coming time, the province will continue focusing on developing transport infrastructure and attracting foreign investment to bring its potential into full play, Hai said.

The province is set to achieve 6.5 – 7% in annual GDP growth and over 3,000 USD in income per capita for the 2020 – 2025 period./.

VNA

See more

Truong Huy San (Photo: Ministry of Public Security)

Man prosecuted for abuse of freedom, democracy rights

Truong Huy San, 64, residing in Ho Chi Minh City, has been prosecuted for “abusing the rights to freedom and democracy to violate interests of the State, rights and legitimate interests of organisations and individuals” under Article 331 of the Penal Code.

Illustrative image (Photo: VNA)

Vietnam conducts citizen protection in Japan assault

The labour management board at the Vietnamese Embassy in Japan on February 12 contacted labour unions to gather updates and implement citizen protection measures for a Vietnamese worker who was assaulted by a Japanese national.

Vietnamese Ambassador Pham Viet Hung meets with the OVs in Sakaeo province, Thailand. (Photo: VNA)

OVs in Thailand preserve cultural legacy

The Vietnamese community in Sakaeo province, Thailand has maintained traditional practices, from wearing Ao dai (traditional long dress) during major celebrations to preserving authentic cooking methods, heard a recent meeting between Vietnamese Ambassador Pham Viet Hung and the overseas Vietnamese (OV) as part of the diplomat’s visit to the locality.

Vice Chairman of the Dien Bien People’s Committee Pham Duc Toan speaks at the event. (Photo: VNA)

Dien Bien provides training for northern Lao cadres

Additional training sessions will be conducted at local educational institutions to help participants improve professional skills and the capability of using teaching technology, meeting the training needs of cadres from northern Lao provinces.