Can Tho’s economy grows by 8.32 percent in Q1

The Mekong Delta city of Can Tho enjoyed an economic growth rate of 8.32 percent in the first quarter of 2014, relatively high compared to other centrally run cities, the municipal Party Committee said on March 31.

Over the period, industrial production rose by 8.35 percent with a total value of nearly 16.5 trillion VND (784.2 million USD), up 7.9 percent from a year earlier.

Can Tho’s retail sales and service revenue amounted to over 16.1 trillion VND (767.6 million USD), representing an annual increase of 14.5 percent.

Meanwhile, turnover from tourism reached 254 billion VND (12.1 million USD) in the three months, expanding by 13 percent against the same period last year.

Also in the first quarter, Can Tho collected more than 2.4 trillion VND (116.2 million USD) for the State budget, which is said to be fuelled by the trade-service sector’s rapid growth rate.

However, its export takings recorded only 257.6 million USD, down 15.8 percent annually, with volume and value declines seen in rice, tra fish and garments.

Source: VNA

Other news

Most view

185 leading domestic & in't enterprises join in VN ETE 2018

185 leading domestic & in't enterprises join in VN ETE 2018

The Vietnam Exhibition of Electrical Technology and Equipment (Vietnam ETE 2018) and the Exhibition of Products, Technologies for Energy Saving and Green Power (ENERTEC EXPO 2018) yesterday kicked off in HCMC’s Saigon Exhibition Convention Center in district 7.

Banking-finance

VNPT & SeABank cooperate to enhance connections

The Vietnam Posts and Telecommunications Group (VNPT) and SeABank just co-signed cooperation agreement, aiming to develop the two sides’ economic, business and investment potential.


Self - introduction

VNPT targets to be leading digital service provider in Vietnam

The grand opening ceremony of the VNPT-Information Technology Company (VNPT-IT), a new member of the Vietnam Posts and Telecommunications Group (VNPT), was held yesterday in Hanoi. With thousands of IT engineers and the focus on developing state-of-the-art technological products related to Artificial Intelligence (AI), Bigdata, and Blockchain, the new company is considered the main force to help VNPT fulfill the goal of becoming a leading digital service provider in Vietnam and an important Digital Hub of the neighborhood as well as the world.

Stock market

SAS profits VND 118bln

The Southern Airports Service Joint Stock Company (Sasco) which is listed under code SAS on the Unlisted Public Company Market (UPCoM), announced its second quarter’s financial report with net revenue at VND 634.5billion, an increase of 14 percent compared to last year.