Ca Mau's Q1 growth is not as expected

NHẬT HỒ |

Ca Mau - GRDP in the first 3 months of the year only reached 5.64%, lower than the set scenario. The province sets a target to accelerate from the second quarter to achieve double-digit growth in 2026.

Setting targets for acceleration from Q2

According to a report by the Department of Finance, in the first quarter of 2026, Ca Mau province's GRDP is estimated to increase by 5.64%, lower than the proposed scenario. All three economic sectors, including agriculture, forestry and fishery; industry - construction; and services, are growing slowly, not reaching the plan and lower than the national average.

Faced with this situation, departments and sectors have developed a second-quarter growth scenario with the goal of reaching 11 - 12% or more. In which, the agriculture, forestry and fishery sector strives to increase from 5 - 5.3%; the industry - construction sector increases from 19 - 20%; the service sector increases from 12 - 12.3%. This is considered an important foundation for the province to aim for double-digit growth in 2026.

Xuất khẩu thuỷ sản tăng trưởng khá nhất trong các hạng mục tăng trưởng của tỉnh Cà Mau. Ảnh: Nhật Hồ.
Seafood exports grew the best among the growth items of Ca Mau province. Photo: Nhat Ho.

Chairman of Ca Mau Provincial People's Committee Lu Quang Ngoi requested all levels and sectors to focus on overcoming difficulties and obstacles, and drastically implement tasks right from the beginning of the second quarter to reduce pressure for the last quarters of the year. At the same time, review and update growth data for each region to ensure accuracy, and develop specific solutions for each sector and field.

The Chairman of the Provincial People's Committee also assigned the Department of Finance to advise on quarterly growth targets; request departments, branches, and localities to conduct monthly preliminary reviews and promptly report to serve direction and administration work. Tasks to promote growth must be linked to the actual production and business activities of people and businesses.

Decisively remove difficulties, create motivation for development

The province is accelerating the progress of investment projects, disbursing public investment capital; publicizing investment projects, selecting capable investors according to regulations to promote economic growth.

Ca Mau outlined 8 key task groups, emphasizing improving the quality and efficiency of operations of local authorities at two levels; tightening discipline and administrative order; enhancing the responsibility of heads. The province identifies 2026 as the "year of improving the quality of grassroots cadres", focusing on training and fostering high-quality human resources.

Cà Mau quyết liệt giải ngân vốn đầu tư công để tăng trưởng trong quý II. 2026. Ảnh: Nhật Hồ.
Ca Mau drastically disburses public investment capital for growth in the second quarter of 2026. Photo: Nhat Ho.

Although growth has not met expectations, the business investment environment in Ca Mau still recorded many positive signs. In the first quarter, the province issued new business registration certificates for 447 businesses, an increase of 108.9% compared to the same period; attracted 13 new investment projects with a total registered capital of more than 11,379 billion VND. State budget revenue is estimated at 3,810 billion VND, reaching 33.4% of the estimate, ensuring resources for development investment.

The province will continue to urge disbursement of public investment capital, especially for key projects with spillover effects; strengthen investment promotion, support businesses, improve the business environment, and enhance competitiveness.

Cà Mau tiếp tục tăng cường kiểm soát đánh bắt thuỷ sản, hỗ trợ ngư dân khai thác thuỷ sản đúng quy định. Ảnh: Nhật Hồ.
Ca Mau continues to strengthen fishing control, supporting fishermen to exploit fish in accordance with regulations. Photo: Nhat Ho.

In the field of agriculture and fisheries, Ca Mau focuses on closely monitoring weather developments, proactively preventing and combating drought and saltwater intrusion; continue to effectively implement solutions to combat illegal fishing (IUU), and develop the sustainable fisheries sector. At the same time, promote trade promotion and expand consumption markets.

The cultural and social fields continue to be concerned with a focus on improving the quality of healthcare, education, vocational training, and job creation; effectively implementing social security policies. Cultural and tourism activities are promoted in conjunction with stimulus programs and local image promotion.

With synchronous solutions, Ca Mau expects to create a foundation to restore growth momentum in the following quarters, towards completing the socio-economic development goals in 2026.

NHẬT HỒ
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