The Mekong Delta city of Can Tho is leading regional localities in per capita income , with 62.9 million VND (2,989 USD), 357 USD above last year’s level.

The result shows the city has successfully met its economic targets, bringing its total GDP in the first eleven months of this year to 62.6 trillion VND (2.94 billion USD), up 11.6 percent over the same period last year. Industrial and construction areas account for 90 percent of the GDP.

Along with investing continuously in modern machinery, Can Tho city has worked to reduce production costs and lower the price of products, making an industrial production value of 87 trillion VND (about 4 billion USD).

In addition, the city also focused on improving the competitiveness of exports, while promoting international economic integration, bringing its export turnover in 2013 to 1.5 billion USD and service turnover to 62 trillion VND (2.91 billion USD).

During the year, Can Tho has helped businesses operating in the locality integrate into international markets, by training human resources, promoting foreign trade relations, proposing strategies of production and business in a new market, and issuing preferential policies on capital.

The city also poured money in building and upgrading its infrastructure system, especially roads and ports; health, culture and education facilities and new residential and resettlement areas. It also created jobs and provided vocational training courses for ten thousands of labourers.

For the agricultural sector, Can Tho sped up the structure change of farm production to create high-quality farm products through the sustainable polyculture model, while applying advanced technologies in producing, preserving and processing.

It also promoted the development of biotechnology by creating new varieties of plant that can meet the huge demand.-VNA