On March 4, the People's Committee of Can Tho City issued a plan to implement the economic growth scenario (GRDP) in 2025, with the goal of achieving double-digit economic growth.
According to the plan, Can Tho City sets growth targets to strive for in 2025 from 10.5 - 11% compared to 2024, corresponding to an added value at current prices of about VND 19,300 - 19,970 billion compared to 2024.
Of which, the agriculture, forestry and fishery sector is expected to grow from 3.58 - 3.84%; the industry - construction sector will grow from 11.61 - 11.76%; the service sector will increase from 11.86 - 12.39%; product taxes minus product subsidies will increase from 6 - 6.96%.
To achieve the above goal, Can Tho City has set many specific targets for each industry and field. Notably, the targets for total state budget revenue are striving to reach VND14,192 billion, VND1,830 billion higher than the assigned plan.
The industrial production development index increased by 10%, exceeding the plan by 2%. Total social investment capital increased by about 30% compared to 2024. Outstanding credit increased by about 14.5%, total mobilized capital increased by about 11.1% compared to the end of 2024.
The city also proposed a quarterly growth scenario. In the first quarter of 2025, the GRDP rate increased by 9.19 - 9.23% over the same period last year. In the second quarter of 2025, the GRDP rate increased by 10.89 - 11.01% over the same period last year. In the third quarter of 2025, the GRDP rate increased by 10.39 - 11.22% over the same period last year. In the fourth quarter of 2025, the GRDP rate increased by 11.36 - 12.33% over the same period last year.
To realize the above goals, the People's Committee of Can Tho City requires departments, branches, sectors and localities to focus on synchronously implementing the proposed solutions. In particular, priority is given to promoting growth, stabilizing the macro economy, controlling inflation, ensuring large balances and high surpluses.
The city will also focus on renewing traditional growth drivers such as public investment, business development, attracting non-budgetary investment, consumption and export. At the same time, focus on promoting and creating breakthroughs for new growth drivers such as science and technology, innovation, digital transformation and developing high-quality human resources.
