Can Tho Accelerates Public Investment Disbursement to Support Year-End Growth
In the first 10 months of 2026, investment from the state budget managed by Can Tho reached 65.6% of its annual plan. The city is working to resolve project delays, bring new industrial capacity online and stimulate year-end consumption.
In the first 10 months of 2026, investment from the state budget managed by Can Tho totaled VND 12.7548 trillion, down 33.8% year on year and reaching 65.6% of the annual plan. City-level budget funds reached 62.6% of their plan, while commune-level funds reached 74.4%. The city has made faster public investment disbursement a priority for its year-end economic work.
Can Tho is accelerating public investment disbursement, advancing project construction and promoting year-end consumption.（VietVance）
Progress on major projects varies: the second component of an expressway project reached 89.3% of its annual funding plan, while the third and fourth components reached 39.7% and 36.6%, respectively. The 500-bed Can Tho Oncology Hospital project reached 52.1%. Can Tho’s statistics agency said land clearance and handover, administrative procedures and construction arrangements were putting pressure on some projects. The city government has required relevant departments to report obstacles and proposed solutions by November 15 and urged project owners to speed up disbursement, aiming to complete the annual funding plan.
In industry, Can Tho’s industrial production index rose 20.2% year on year in October and 11.9% in the first 10 months, including a 12.3% increase in manufacturing and processing. The city’s industry and trade department said Sunpro’s steelmaking and rolling plant has been connected to the power grid and begun trial production, with official operations expected in the final three months of 2026. The Bestway Can Tho factory, which is already operating, is expected to add about VND 290 billion in industrial output by year-end. Both contributions are projections.
The city is also advancing two wind power projects. Under the plan presented at a meeting, Wind Power Project No. 7 is expected to operate at its full capacity of 19 megawatts in November, while Project No. 3 is expected to begin commercial operations on December 1. In the first 10 months, Can Tho’s total retail sales of goods and consumer service revenue reached VND 222.7 trillion, up 21.8% year on year. The industry and trade department plans to organize 10 events to stimulate consumption and connect suppliers with buyers, and to prepare price-stabilized supplies for the 2027 Lunar New Year.
Source: VietVance
