On September 28, the 1st Can Tho City Party Congress, term 2025-2030, entered the closing session, marking an important turning point in the new development stage of the city.
Speaking at the Congress, Mr. Duong Van Ngoanh, Acting Director of the City Department of Finance, assessed that in the 2020-2025 term, Can Tho's economy will recover quickly, overcome many difficulties, with an average growth of 7.41%/year, higher than the national average of 6.2%.
Of which, agriculture - forestry and fishery increased by 3.48%/year, industry - construction increased by 10.26%, services increased by 8.51%. The scale of the economy from 182 trillion VND in 2020 is expected to exceed 320 trillion VND in 2025, ranking 13th out of 34 provinces, leading the Mekong Delta region. The average GDP per capita is nearly 100 million VND, labor productivity increases by 7.7%/year, higher than the national average. The efficiency of public investment capital use with ICOR is estimated at 4-4.3; total retail sales of goods and service revenue is expected to reach 360 trillion VND, nearly double in 2020; Exports are growing rapidly, expected to reach about 5.5 billion USD in 2025, 1.5 times higher than in 2020.
According to Mr. Ngoong, in addition to the achievements and results achieved, the city's economy still has some difficulties and limitations that need to be further focused on: the economic structure is slow to shift, agriculture - forestry and fishery accounts for a large proportion, industry is mainly processing and processing raw materials; modern trade has not been breakthrough; resources and potential have not been exploited effectively; budget/GDP collection rate is low, new growth drivers such as green economy, circular economy, artificial intelligence have not been clearly formed.
Mr. Ngoang said that the 1st City Party Congress, term 2025 - 2030, has a consistent orientation of ensuring an average growth of 10-10.5%/year or more, based on a foundation for rapid and sustainable development, led by science, technology and innovation. To achieve the double-digit growth target, the first years of the term play a fundamental role, requiring maximum mobilization of resources, drastic implementation of solutions in all fields, strict compliance with progress and legal regulations.
In the role of general consulting, the leaders of the Department of Finance are committed to ensuring public financial and investment resources, regulating budget revenue and expenditure appropriately, promoting non-budgetary investment, contributing to comprehensive and sustainable economic growth, while creating a solid foundation for the city's long-term development.
In particular, focus on completing the adjustment of the Can Tho City Planning for the period 2021-2030, with a vision to 2050; developing the central urban area, industrial park, seaport and logistics, forming an inter-regional economic corridor; building a high-tech park, a center for innovation and start-up; innovating the growth model, developing a green, circular, digital and night-time economy, focusing on high-tech agricultural and aquatic processing industry, clean energy, organic ecological agriculture combined with tourism.
Focus on mobilizing and effectively allocating financial resources, improving budget management efficiency, public investment focusing on strategic infrastructure, closely monitoring the progress and efficiency of key projects.
Develop the private economy, reform administration, improve competitiveness, support small and medium enterprises in accessing resources, promote digital transformation, publicize key project portfolios.
Strengthen regional linkages, cooperation in research, application of science and technology, development of innovation projects, building a network for sharing market data and information, making the city a growth pole, a driving force of the Mekong Delta.
