Accelerate GRDP growth rate.

On the afternoon of May 19th, the Standing Committee of the Provincial Party Committee held a meeting of the Steering Committee for accelerating the GRDP growth rate of Ca Mau province. Comrades Nguyen Ho Hai, Member of the Central Committee of the Communist Party of Vietnam, Secretary of the Provincial Party Committee, Head of the Provincial National Assembly Delegation, and Head of the Steering Committee; Lu Quang Ngoi, Deputy Secretary of the Provincial Party Committee and Chairman of the Provincial People's Committee; and Ho Thanh Thuy, Deputy Secretary of the Provincial Party Committee and Chairman of the Vietnam Fatherland Front Committee of Ca Mau province, chaired the meeting.

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Attending the meeting were members of the Provincial Party Standing Committee, leaders of the Provincial People's Committee, and representatives from relevant departments and agencies.

The meeting announced the Decision to establish the Steering Committee for accelerating the GRDP growth rate of Ca Mau province; the draft Decision to establish the Working Group to assist the Steering Committee; and discussed and provided feedback on the operating regulations, assignment of tasks to members, and orientation for implementing tasks in the coming period.

Comrade Nguyen Ho Hai, Member of the Central Committee of the Party, Secretary of the Provincial Party Committee, Head of the Provincial National Assembly Delegation, and Head of the Steering Committee, delivered the concluding remarks at the meeting.

According to the report at the meeting, the growth rate of the province's gross regional product (GRDP) in the first quarter of 2026 (at 2020 constant prices) is estimated to increase by 5.64% compared to the same period last year, lower than the planned target (the first quarter target was 9.4%).

According to Huynh Cong Quan, Director of the Department of Finance, the main reasons for the growth not meeting expectations are primarily due to a decrease in rice cultivation area, unstable commercial rice prices; complex weather patterns, outbreaks of livestock diseases; and high fuel prices affecting industrial production.

Speaking at the meeting, Ho Trung Viet, Head of the Provincial Party Committee's Propaganda and Mass Mobilization Department, proposed that the Provincial Steering Committee should have a specific roadmap for implementation in the coming years until the end of the term, focusing on potential and advantages to strive for appropriate growth.

The service sector experienced slow growth due to the impact of global military tensions, a sharp decline in seafood export orders, high input material prices causing difficulties for businesses, and reduced consumer purchasing power.

In addition, leadership and guidance in some sectors and localities have at times lacked decisiveness; coordination between units has not been tight; and the exploitation of growth potential, administrative reform, and improvement of the investment and business environment have not achieved the expected results.

Vice Chairman of the Provincial People's Committee Le Van Su proposed including appropriate and breakthrough areas in the growth plan.

At the meeting, delegates frankly exchanged and analyzed the difficulties, shortcomings, and limitations affecting the province's GRDP growth rate. Many opinions focused on clarifying issues such as unstable agricultural production, difficulties in seafood exports, slow disbursement of public investment capital, and the failure of some key projects to meet requirements.

Director of the Provincial Department of Agriculture and Environment, To Hoai Phuong, stated that he requested a clear assignment of responsibilities among the units.

Delegates also proposed numerous solutions to promote growth in the coming period, such as strengthening support for businesses to access markets, removing difficulties related to capital and administrative procedures; boosting investment and trade promotion; improving coordination among sectors and localities; and focusing on effectively exploiting the potential and advantages in the province's key economic sectors.

For the second quarter of 2026, Ca Mau province will focus on removing obstacles to production and business; accelerating the disbursement of public investment capital; promoting key projects; strengthening trade promotion and expanding seafood export markets; and supporting businesses in recovering production.

Director of the Department of Finance Huynh Cong Quan reported on the GRDP growth situation in the first quarter and analyzed the factors affecting the growth results.

The province has also identified key areas for development with high growth potential, such as aquaculture and seafood processing, renewable energy, trade and services, and tourism; promoting administrative reform, improving the investment environment, and enhancing the accountability of leaders in achieving GRDP growth targets.

The target for GRDP growth in 2026 is a particularly important political task, requiring high determination, decisive action, and synchronization from the entire political system. Therefore, it is required that departments, sectors, and localities carefully review each indicator and each field; clearly identify the causes, limitations, and growth potential; strengthen the accountability of leaders; and proactively coordinate to resolve difficulties for businesses and investors. At the same time, it is necessary to accelerate the progress of key projects; speed up the disbursement of public investment capital; focus on administrative reform and improve the quality of services for citizens and businesses; and regularly monitor and evaluate implementation results to promptly adjust solutions accordingly, striving to achieve the set GRDP growth target.

Comrade Nguyen Ho Hai
The Secretary of the Ca Mau Provincial Party Committee emphasized this point.

Thien Diep - Nguyen Linh

Source: https://baocamau.vn/day-nhanh-toc-do-tang-truong-grdp-a128958.html