According to Duong Nghia Hiep, Vice Director of the city’s Department of Industry and Trade, in the first six months of 2018, Can Tho enjoyed 13.5 percent growth in total retail and service revenues to VND 63.07 trillion (USD 2.77 billion), equivalent to 53.6 percent of its yearly target.
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Harvesting rice in Can Tho |
Earnings from exports and services reached USD 966.85 million, fulfilling 54 percent of the yearly target and representing a rise of 16.37 percent over the same period last year.
Of the figure, goods export revenue was USD 773.48 million, up 20.73 percent year on year.
Can Tho’s key export products included aquatic products (USD 238 million), rice (USD 141.2 million), farm produce and processed food (USD nearly 70 million) leather (USD 42.5 million), fertilizer (USD 12.2 million), pharmaceuticals and veterinary drugs (USD 11.9 million).
Meanwhile, earnings from services hit USD 193.37 million, an increase of 1.67 percent over the same time last year.
The city’s import revenue in the first six months of this year was USD 227.65 million, reaching 56.9 percent of its plan for the year, and representing a rise of 31.5 percent year on year. Can Tho mostly imported materials for production.
In the rest of the year, the city will continue calling on local firms to engage in a program to sell Vietnamese products in rural areas, industrial parks and residential areas.
The province will also organize Vietnamese goods fairs across the city, while continue seeking measures to support local firms in boosting production and exports.
Source: VNA