On the occasion of April 30, Can Tho is expected to start the project of 230 million USD

Mr. Vo Nhut Quang - Deputy Director of Can Tho City Department of Finance - said that GRDP of Can Tho in the first quarter of 2025 increased by 7.15% over the same period. The economic structure shows that the service sector continues to play a leading role, accounting for 53.01%, followed by industrial and construction sector (30.38%), agriculture, forestry and fisheries (10.25%), and product tax subsidy (6.36%).

Notably, the city's industrial production index (IIP) also recorded a growth of 6.78%. In particular, the processing industry led with an increase of 7.95%, showing that the recovery and strong development of the production sector.

Other industries such as producing and distributing electricity, gas, hot water, steam and air conditioning increased by 1.29%, along with water supply, waste management and treatment of waste and wastewater increased by 0.48%.

The trade and service field continues to play an important role in Can Tho's economic growth, with a total retail of goods and service revenue is estimated at VND 35,267.02 billion, up 12.99% compared to the first quarter of 2024, and has completed 24.32% of the year plan.

In the context of economic development, Chairman of Can Tho City People's Committee Truong Canh Tuyen shared about new growth drivers in the near future.

According to the Chairman of the City People's Committee, on the occasion of the 30th anniversary, Can Tho is expected to organize the groundbreaking ceremony of VSIP Secondary Factory on April 25, expanding the industrial development potential of the region.

Following this momentum, on April 28, AEON Mall will start a USD $ 230 million in Binh Thuy District, Can Tho City; With a total floor area of ​​the whole project, about 195,073 m2 (excluding basement). The Aeon Mall Can Tho Trade Center Project promises to blow a new breeze into the city's retail and service market.

Not stopping there, Can Tho is accelerating the completion of land procedures for O Mon Thermal Power Project Cluster, creating a solid premise for the implementation of two large -scale power plants in 2025. Each factory has an estimated total capital of US $ 1.3 billion. In particular, the city aims to start the construction of O Mon 4 Power Plant (capacity of 1.500 MW, capital of 1.3 billion USD) in September 2025.

In addition, promoting support to remove difficulties for businesses to motivate the growth in the remaining quarters to achieve the growth target of 9.5% according to the resolution of the City People's Council delivered in 2025.