In recent years, Can Tho City has made remarkable strides in economic development. On August 7, 2018, the Government of Vietnam issued Decree 103/2018/ND-CP stipulating specific mechanisms regarding investment, finance, budget, and management decentralization for Can Tho City.
On September 06, 2018, the Ministry of Natural Resources and Environment of Vietnam issued Circular 04/2018/TT-BTNMT promulgating the List of Residential, Geographical, Hydrological, Economic - Social Names for the task of creating maps of Can Tho City.
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