The Mekong Delta city of Can Tho earned over 1.55 billion USD from export in 2016, a rise of 5.7 percent over the previous year, but equal only to 94.1 percent of its yearly target. According to the People’s Committee of Can Tho city, the difficulties in markets of agricultural products including rice and frozen aquatic products are the major reason of the below-expectation export in 2016.
In order to meet the target in 2017, the municipal People’s Committee of the city has designed a number of measures, including increasing trade promotion at home and abroad, and tapping all opportunities to develop export markets. Meanwhile, the city will increase the application of new technologies in production, while creating favorable conditions for the export of new products with high value, including footwear, garment and textile, and handicrafts.
In addition, Can Tho is planning to hold regular meetings with exporters to remove the difficulties facing them in terms of mechanisms, capital, market and technology, thus enhancing export value and volume.
Regarding investment, Can Tho will step up administrative reform to attract more investment. This is considered one of the breakthroughs of the city in 2017, aiming to increase production and export value, contributing to boosting local economic growth.
