Can Tho sees strong economic performance in first half of 2018

The Mekong Delta city of Can Tho has shown strong socio-economic performance in the first half of 2018 with all indications exceeding the targets.

Can Tho's earnings from exports and services reached US$966.85 million in the first half of 2016.
Can Tho's earnings from exports and services reached US$966.85 million in the first half of 2016.

According to Duong Nghia Hiep, Deputy Director of the Can Tho Department of Industry and Trade, in the first six months of 2018, Can Tho enjoyed 13.5% growth in total retail and service revenues to VND63.07 trillion (US$2.77 billion), equivalent to 53.6% of its yearly target.

Earnings from exports and services reached US$966.85 million, fulfilling 54% of the yearly target and representing a rise of 16.37% over the same period last year.

Of the figure, goods export revenue was US$773.48 million, up 20.73% year on year.

Meanwhile, earnings from services hit US$193.37 million, an increase of 1.67% over the same time last year.

In the rest of the year, the city will continue calling on local firms to engage in a programme to sell Vietnamese products in rural areas, industrial parks and residential areas.

The province will also organise Vietnamese goods fairs across the city, while continue seeking measures to support local firms in boosting production and exports.