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Coastal district to tap development

Update: November, 27/2013 - 10:04

Quan said Can Gio's GDP growth rate had shown a downward tendency in 2013. The growth rates of major economic sectors, such as aquaculture and tourism, were slow.— File Photo

HCM CITY (VNS) — HCM City's coastal district of Can Gio has been told to further tap its potential, especially in aquaculture and tourism, to reach socio-economic development targets for the 2011–15 period.

Speaking on Wednesday at a meeting to review Can Gio's development over the past three years, the chairman of the HCM City People's Committee, Le Hoang Quan, said the coastal district's economic growth remained low.

He said the average annual GDP growth rates of Can Gio during 2011-13 were lower than the annual targets set for the 2011– 15 period.

Can Gio District attained total GDP of over VND14 trillion (US$666.6 million) in the past three years, for an average annual GDP growth rate of 10.8 per cent.

Quan said Can Gio's GDP growth rate had shown a downward tendency in 2013. The growth rates of major economic sectors, such as aquaculture and tourism, were slow.

According to the Can Gio District People's Committee, the district attained total GDP of VND2.79 trillion ($132.8 million) in the first eight months of 2013, a year-on-year increase of 2.8 per cent, and accounting for 51.8 per cent of the district's socio-economic targets for the year.

The district attained total aquaculture production of VND665 billion ($31.6 million) in the same period, a year-on-year increase of 2 per cent, and accounting for 52 per cent of the year's targets. — VNS

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