The Can Tho investment promotion conference, with the theme “Sharing
potential for mutual development”, is slated to be held in Can Tho on
August 10, organised by the municipal People’s Committee.
The event, to be presided over by Prime Minister Nguyen Xuan Phuc,
will feature the presence of about 500 delegates, who are leaders of
various ministries, sectors, and major cities such as Hanoi, Ho Chi Minh
City, Haiphong, and Danang, as well as localities in the Mekong Delta
Various domestic and foreign business groups will also partake in the
event, as will investment promotion agencies such as the Japan External
Trade Organization, the American Chamber of Commerce, and the European
Chamber of Commerce, as well as international organisations such as the
World Bank and the Asian Development Bank.
According to Can Tho People’s Committee Chairman Vo Thanh Thong, the
conference aims to introduce the city’s strengths, investment
opportunities, and specific investment support policies to maximally
attract investment resources as well as effectively exploit its
advantages and potential.
It will also serve as a platform for investors and international
organisations to directly meet local government officials and relevant
“Investment promotion events must carry true values, while projects
calling for investment must feature good feasibility and be made on a
selective basis, not only to bring practical effects to the city’s
social and economic development, but also to cast positive impacts on
the whole region’s development,” said Thong.
At the conference, the city will introduce its major development
targets, a list of projects seeking investment, and will seek advice and
experience for its development towards becoming a services hub and a
high-tech agriculture and science and technology development centre.
During the event, the city leaders will confer honourary mementoes on
several eminent businesses, issue investment decisions and certificates
for several investment projects, and sign memoranda of understanding
between the Can Tho People’s Committee and several investors and
Prestigious local specialty products will be on display, and
commencement and launching ceremonies of several major projects will
Can Tho is an economic, education and training, science and technology, and healthcare centre in the Mekong Delta region.
In recent years, aside from increasingly improving its infrastructure
for socio-economic development, the city has focused on bettering its
investment environment to enhance competitiveness in a bid to turn the
city into a lucrative investment destination for investors.
The city was named among the top performers in the provincial
competitiveness index ranking in the past six years. In 2016, Can Tho
ranked fifth among the top 10 most appealing investment destinations as
voted by businesses.
As of December 31, 2017, the city had 76 valid foreign invested
projects registered at $687.7 million. It also posted its highest-ever
retail revenue of over VND106 trillion ($4.7 billion), up 10 per cent
With that figure, Can Tho topped the Mekong Delta region, and was
ranked third nationwide, only trailing Ho Chi Minh City and Hanoi.
Source: By Truc Giang (www.vir.com.vn)