Golden chance for Can Tho to boost investment ties with Japan

A conference entitled “Meet Japan – Mekong Delta region” will take place in Can Tho city on April 18 and19, expected to provide the city a golden opportunity to promote trade and investment ties with Japanese firms.

Can Tho city - Illustrative image (Source: VNA)

Can Tho city - Illustrative image (Source: VNA)

The conference will be held by the Ministry of Foreign Affairs in conjunction with the municipal People’s Committee, as heard at a meeting of local authorities on the event’s preparatory work on March 23.

It will include three sessions, engaging in discussions on development cooperation between Japan and the Mekong Delta in the fields of healthcare, culture-tourism, education-training, human resource development and hi-tech agriculture.

Can Tho seeks to attract more Japanese investments and support in healthcare projects, for example, providing equipment for a local cardiovascular hospital, providing training for healthcare workers and sending guest workers to Japan.

The city also plans to design exclusive tours for Japanese visitors, develop the Vietnam-Japan Industrial Park, which will start construction in April, and other industrial parks in Co Do, Thot Not and O Mon.

Notably, a meeting will be held between former Vietnamese President Truong Tan Sang and the Japanese Ambassador within the conference’s framework during which the two sides are expected to discuss the future cooperation between Japan and Can Tho. A focus of the meeting will be the construction of Xom Chai Bridge, worth about 400 billion VND (17.6 million USD).

Last week, the Government of Japan agreed to provide over 403,600 USD in non-refundable aid for five projects in health care and education in Vietnam. Part of the fund will be used to purchase medical equipment of health centres in the Mekong Delta provinces of Ben Tre and Long An.

Japan is Vietnam’s biggest ODA provider and second largest FDI investor. Last year, Japanese investment into Vietnam hit a record high of 9.11 billion USD, a 4-fold increase from 2016.


Other news

Most view

Vietnamese consumers spend less on FMCG

Vietnamese consumers spend less on FMCG

Vietnamese customers’ rapidly changing needs and expectations and lower spending on fast moving consumer goods (FMCG) are the biggest challenges to the sector, according to a new report released by consumer and retail research company Kantar Worldpanel.


VNPT & SeABank cooperate to enhance connections

The Vietnam Posts and Telecommunications Group (VNPT) and SeABank just co-signed cooperation agreement, aiming to develop the two sides’ economic, business and investment potential.


Vocarimex plans to expand export markets

The Vietnam Vegetable Oil Industry Corporation -Vocarimex (code: VOC) has set its target the 2018 revenue will reach VND 4,8trillion, an increasing of 9 percent compared to 2017 and pre-tax profit target will be VND 300 billlion ($ 13 million), dividend payment ratio at 12 percent.


Self - introduction

VNPT targets to be leading digital service provider in Vietnam

The grand opening ceremony of the VNPT-Information Technology Company (VNPT-IT), a new member of the Vietnam Posts and Telecommunications Group (VNPT), was held yesterday in Hanoi. With thousands of IT engineers and the focus on developing state-of-the-art technological products related to Artificial Intelligence (AI), Bigdata, and Blockchain, the new company is considered the main force to help VNPT fulfill the goal of becoming a leading digital service provider in Vietnam and an important Digital Hub of the neighborhood as well as the world.

Stock market

BLF & LUT fined VND 145mln

The State Securities Commission of Vietnam (SSC) has just issued administrative fines worth VND 145 million to Bac Lieu Seafood Corp (BLF) and Luong Tai Investment & Construction Corp (LUT).