The Mekong Delta city of Can Tho is leading regional localitiesin per capita income , with 62.9 million VND (2,989 USD), 357 USDabove last year’s level.
The result shows the cityhas successfully met its economic targets, bringing its total GDP in thefirst eleven months of this year to 62.6 trillion VND (2.94 billionUSD), up 11.6 percent over the same period last year. Industrial andconstruction areas account for 90 percent of the GDP.
Along with investing continuously in modern machinery, Can Tho cityhas worked to reduce production costs and lower the price of products,making an industrial production value of 87 trillion VND (about 4billion USD).
In addition, the city also focused onimproving the competitiveness of exports, while promoting internationaleconomic integration, bringing its export turnover in 2013 to 1.5billion USD and service turnover to 62 trillion VND (2.91 billion USD).
During the year, Can Tho has helped businessesoperating in the locality integrate into international markets, bytraining human resources, promoting foreign trade relations, proposingstrategies of production and business in a new market, and issuingpreferential policies on capital.
The city alsopoured money in building and upgrading its infrastructure system,especially roads and ports; health, culture and education facilities andnew residential and resettlement areas. It also created jobs andprovided vocational training courses for ten thousands of labourers.
For the agricultural sector, Can Tho sped up the structure change offarm production to create high-quality farm products through thesustainable polyculture model, while applying advanced technologies inproducing, preserving and processing.
It also promoted the development of biotechnology by creating new varieties of plant that can meet the huge demand.-VNA