Can Tho industrial production hits 855 mln USD in two months

Source: Pano feed

The industrial production value of the Mekong Delta city of Can Tho hit 18.2 trillion VND (855.4 million USD) in the first two months of this year, an 11.7 percent increase from the same period last year, according to the municipal Department of Planning and Investment.

The locality is currently restructuring its industry sector in an effort to raise the industrial production value between 12-14 percent each year through 2020. The city ultimately hopes to become an industrial centre of the region in accordance with approved Government plans.

To reach this goal, Can Tho will mobilise capital from various sources to support its enterprises in upgrading equipment and technologies to manufacture good quality, highly-competitive products to meet domestic and export demand.

The locality will focus on quality management in line with international standards and expanding the distribution network of local commodities both within and outside the Mekong Delta region.

Additionally, local authorities will focus on developing and promoting trademarks while intensifying the connections between sectors in order to fully maximise its potential.

New industrial parks and infrastructure systems serving industry development will be constructed and upgraded to attract additional internal and external investment inflows in the sector.

The locality will also concentrate on providing preferential investment policies while accelerating administrative reform to facilitate local enterprises’ production and business.

The city’s industrial production value reached 97.6 trillion VND (4.6 billion USD) in 2014, up 12 percent from 2013 and ranking among the top regional earners in the sector.-VNA

Đăng ký: VietNam News