Can Tho records growth of 5.61 percent in H1

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.
Can Tho records growth of 5.61 percent in H1 hinh anh 1Workers at an aquatic product processing plant for exports in Can Tho (Photo: VNA)
Can Tho (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./.
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