Business

Can Tho city records high growth in trade, tourism

The Mekong Delta city of Can Tho recorded the highest growth in trade and tourism over the past 10 years thanks to effective promotion strategies, Director of the municipal Centre for Investment, Trade and Tourism Promotion Nguyen Khanh Tung reported at a review conference on December 24.
The Mekong Delta city of Can Tho recorded the highest growth intrade and tourism over the past 10 years thanks to effective promotionstrategies, Director of the municipal Centre for Investment, Trade andTourism Promotion Nguyen Khanh Tung reported at a review conference onDecember 24.

The city has so far attracted 22.95trillion VND (over 1 billion USD) and 52.4 million USD from domestic andforeign investors; registered trade value of 71.73 trillion VND (3.24billion USD); and welcomed over 1.36 million tourists, a year-on-yearrise of 16.6 percent, 8.3 percent and 9 percent, respectively.

In 2014, the city has improved infrastructure built for land andwaterway traffic, while adopting incentives for businesses at home andabroad, Deputy Director of the municipal Department of Planning andInvestment Bui Ngoc Vy.

Intensive trade promotionbrought Vietnamese goods to rural areas and encouraged businesses tojoin international trade fairs in the capital Hanoi and the southerneconomic and business hub of Ho Chi Minh City, and other countries andterritories like Cambodia, Taiwan (China), France, and Belgium,according to Deputy Director of the municipal Department of Industry andTrade Duong Nghia Hiep.

Local authorities alsoprovided technical assistance for businesses to create new products,reduce production costs, and increase competitiveness in the domesticand global markets.

By concentrating on exportstaples like rice, seafood and garment, strengthening its foothold intraditional markets, and seeking fresh outlets, the city grossed over 71trillion VND (3.2 billion USD) from domestic goods consumption and 1.35billion USD from foreign exports.

Meanwhile, thetourism sector earned over nearly 1.2 trillion VND (57.1 million USD) inrevenue, exceeding the yearly target of 4.5 percent and registering ayear-on-year rise of 20 percent, Deputy Director of the Department ofCulture, Sport and Tourism Dang Thai Hoa revealed.

He attributed the outcome to the city’s cooperation with 19 cities andprovinces across the country to promote its tourism products andservices. Can Tho also partnered with southern An Giang and Kien Giangprovinces to develop spiritual and ecological tourism, he said.-VNA
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