Overcoming fluctuations, Ca Mau's economy maintains growth momentum

DNVN - Despite facing many disadvantages due to the impact of tax imposition, price fluctuations in the world market, and natural disasters that adversely affected production... but after 9 months of 2025, Ca Mau's economy still achieved a fairly good growth rate.

The above content was informed by the Department of Finance of Ca Mau province at a press conference on the socio -economic situation in the first 9 months of the year. Accordingly, GRDP increased by 7.53% over the same period, of which agriculture, forestry and fishery increased by 5.40%; industry and construction increased by 8.56%; service sector increased by 9.18%; product tax minus product subsidies increased by 7.26%. Total aquatic product output reached more than 112,000 tons, equal to 71.5%, shrimp output reached 58,100 tons, up 8.2% over the same period.

Agricultural production in Ca Mau province in the first 9 months of the year remained stable and developed well.

Agriculture is well developed.

The finance sector of Ca Mau province said that although natural disasters adversely affected rice and shrimp production of farmers and fishermen, aquaculture and shrimp production increased thanks to the initial application of solutions to improve productivity and output of potential improved extensive farming and super-intensive water circulation farming. Many farming areas achieved international certification (ASC, BAP, Organic), enhancing the Ca Mau shrimp brand.

The total aquaculture area of ​​the province over the past 9 months reached more than 422,700 hectares; of which the intensive and super-intensive shrimp farming area was more than 34,500 hectares, the improved extensive shrimp farming area was 197,000 hectares (exceeding the plan by 3.7%, up 5% over the same period); the combined extensive farming area (shrimp - forest, shrimp - rice, shrimp - crab - fish...) was more than 184,800 hectares.

The special thing at this time is that the price of black tiger shrimp and white leg shrimp has increased compared to the same period (increased from 20,000 to 27,000 VND/kg), shrimp farmers are excited because of the good harvest and good prices. In particular, the area for raising freshwater fish reached 26,500 hectares, the area for raising saltwater and brackish water fish reached more than 380,800 hectares; the area for raising freshwater fish, cage fish, blood cockles, and mussels has all increased, this shows that when prices increase, the output of stable and profitable products has stimulated farmers to increase their family income.

Shrimp farming output increased thanks to the initial application of productivity improvement solutions.

In general, agricultural production has been stable and developed well. Cumulatively, more than 282,600 hectares of rice were planted (equal to 89.7% of the plan, up 7% over the same period), the average yield was 6.04 tons/ha, the total summer-autumn rice output reached over 1 million 677 thousand tons of rice. Although the rice crop was good, there was a period when the price of rice dropped sharply to only 5,500 VND/kg of rice, making farmers miserable because of high costs, many households only broke even or made a small profit.

From the paradox of "good harvest, low price" for rice grains, the People's Committee of Ca Mau province has directed departments, branches, sectors and localities to promote research, application and transfer of technical advances to help farmers reduce production costs. At the same time, the province requires strengthening agricultural extension work, organizing field workshops, replicating effective production models, contributing to environmental protection and increasing the value and yield of rice. Along with that, the province has issued 219 growing area codes in the area and continued to implement the Project of 1 million hectares of high-quality, low-emission rice associated with green growth.

Exports increased quite well.

According to the financial sector, the supply and demand of essential goods are guaranteed, goods are abundant, diverse in design, quality is guaranteed, prices are relatively stable, there is no shortage of goods, meeting consumer demand and serving production and business for people. Total retail sales of goods and wet consumer service revenue reached 161,524 billion VND (equal to 78.4% of the plan).

Export activities increased quite well, mainly focusing on aquatic products and fertilizers. Export turnover in the third quarter was estimated at 1,892.2 million USD (equal to 72.8% of the plan). Aquatic products were estimated at 1,720.6 million USD (equal to 71.2%, up 3.5% over the same period); fertilizers were estimated at 129.6 million USD (equal to 92.6%); other products were estimated at 3.5 million USD...

Ecotourism and community tourism create diversity and enhance experiences for tourists, contributing to the formation of many typical tourism products of Ca Mau.

Regarding tourism activities, the positive growth momentum continued to be maintained and the new growth phase was entered. Promotion, promotion and state management activities were implemented synchronously, successfully organizing major events in the program "Ca Mau - Destination 2025". Many localities developed new tourism models, associated with amateur music, eco-tourism, community tourism, creating diversity and increasing experiences for tourists, contributing to the formation of many unique tourism products. Over the past 9 months, more than 6.7 million visitors were welcomed, with total revenue of more than 750 billion VND.

In the field of business development, there have been many improvements since the beginning of the year, with the number of newly established businesses increasing. Currently, the whole province has 1,270 newly established businesses, with a total capital of more than 7,400 billion VND, an average registered capital of 5.8 billion VND/business (an increase of 78.6% compared to the same period), bringing the total number of businesses in the province to more than 9,200, with a total registered capital of more than 120,000 billion VND.

Total state budget revenue reached 86.6%, local budget expenditure reached 17,466 billion VND (equal to 64% of the estimate). Currently, Ca Mau province has been focusing on accelerating the progress of project works, especially key projects of the province; coordinating with central ministries and branches to implement the expressway investment project from the center of Ca Mau to Dat Mui. To accelerate the disbursement of public investment capital, the Provincial Party Committee Standing Committee held 4 meetings to direct branches, localities, and investors to disburse 12,248 billion VND from now until the end of the year according to the set target.

Ca Mau plans and has plans to export electricity to some Southeast Asian countries. This is a remarkable step forward for the province compared to many other provinces and cities in the country.

To effectively implement economic, cultural, social, security and defense goals, Ca Mau province has proposed 13 synchronous solutions for departments, branches, communes, wards, and the entire political system of two-level government to focus on implementing from now until the end of 2025 to complete the targets and objectives set by the Party Committee.

Ca Mau plans to export electricity

In addition, the implementation of renewable energy projects has also changed positively. Regarding wind power, 26 projects have been approved for investment with a total capacity of 1,612.2 MW, of which 14 projects with a total capacity of 694.2 MW have been put into commercial operation; 4 projects with a total capacity of 417 MW are under construction, 6 projects with a total capacity of 351 MW are carrying out investment procedures; 2 projects are evaluating the registration dossiers of interested investors.

In addition, there are 22 other projects with a total capacity of 1,393 MW in the planning that have had interested investors proposing investment policies. Regarding solar power, by the end of the third quarter of 2025, Ca Mau Power Company is currently managing 2,827 rooftop solar power customers with a total capacity of 295,494 MWp. In the field of wind power and solar power, Ca Mau province has currently planned and proposed to export electricity to a number of Southeast Asian countries. This is a remarkable step forward for Ca Mau province compared to many provinces and cities in the country.

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Source: https://doanhnghiepvn.vn/kinh-te/vuot-qua-bien-dong-kinh-te-ca-mau-giu-da-phat-trien/20251014040305478