Turning Can Tho into an industrial city by 2020

Can Tho City’s Party Committee has drawn up 21 targets and six key tasks to boost socio-economic development by making full use of all the city’s potential and develop the economy on a rapid and sustainable basis.

In a political report presented at the 12th Party Committee’s Congress on September 22, The Chairman of the Can Tho City People’s Committee, Tran Thanh Man, reviewed the outcomes of Party building in the 2005-2010 term and highlighted weaknesses in socio economic development that need to be dealt with in the future.

Can Tho has achieved 17 out of its 21 targets, with an economic growth rate reaching 15.13% /year. The city has also made headways towards developing its infrastructure and improving local people’s living standards. The per capita income is predicted to reach US$2,000 this year, while the number of poor households has dropped to 4.7%.

Over the next term, the Party Committee has drawn up specific plans to develop Can Tho into an industrial city by 2020 with its GDP annual growth rate increasing by 16% and per capita income reaching US$ 2,400 by 2015.

The Secretary of Ho Chi Minh City’s Party Committee, Le Thanh Hai put forward the five main issues that will make it possible for the city to become a driving force behind the development of the whole Mekong Delta region.

Mr Hai called on Can Tho to step up urban planning, mobilise all its resources to take advantage of its all potential and develop the local economy while implementing all the resolutions set out by the city Party Committee for the next term. – VOV

Tags: Can Tho, Vietnam economic, Vietnam economy