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.
Workers at an aquatic product processing plant for exports in Can Tho (Photo: 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 have
gradually recovered, announced the municipal statistics office on June 28.
Head of the office Le
Ngoc Bay said that it is a positive sign for the economy amid the ravages of
the COVID-19 pandemic.
The services sector
saw the highest expansion in the period by rising 6.64 percent and contributing
3.4 percentage points to the city’s growth. Meanwhile, the industrial sector
and construction increased by 5.69 percent, taxes on products 3.72 percent, and
agro-forestry and fishery sector 1.82 percent.
To obtain a GRDP growth
rate of between 7.5-8 percent in this year as targeted by a resolution of the
city, Can Tho needs to implement concerted efforts in a swift and effective
manner to facilitate production.
The city must continue
carrying out preventive measures to curb the spread of COVID-19 in the
community and foster economic development.
It is also asked to
further reform administrative procedures to help local businesses access to
incentives, thereby accelerating public investment disbursement in 2021, and
removing bottlenecks for projects which are lagging behind, especially major
ones./.