Can Tho attracts Japanese investment

A corner of Mekong Delta (Photo: VNA)

Can Tho (VNA) – The third Vietnam-Japan trade and cultural exchange programme and fifth annual Mekong Delta investment forum will be held in Can Tho city in October and November to lure more investment in trade and services from Japanese businesses.

The information was announced at a press conference on October 3 held by the Vietnam Chamber of Commerce and Industry (VCCI)’s chapter in Can Tho and the municipal People’s Committee.

Deputy Director of the VCCI chapter Nguyen Phuong Lam said the trade and cultural exchange programme will take place from November 3-5 and feature 120 pavilions.

The Japanese national tourism promotion centre is also expected to join the event to increase tourism cooperation with the Mekong Delta.

Nearly 40 art and cultural performances will be staged during the programme.
A conference calling for investment in agriculture and another on Asian culture and trade will be held during the programme with the engagement of about 40 Japanese businesses.

Meanwhile, the fifth Mekong Delta investment forum (MekongInvest 2017), due to be held on October 25, aims to draw investment in infrastructure development, trade services, restaurants and hotels, and entertainment parks.

In the first six months of 2017, the Mekong Delta welcomed nearly 21 million visitors and grossed more than 6.5 trillion VND (286 million USD) in tourism revenue, year-on-year rises of 17 percent and 22 percent respectively.

At MekongInvest 2017, thirteen cities and provinces of the delta will invite investment in 24 tourism development projects worth 7.8 trillion VND (343.2 million USD) and 33 real estate projects worth 176 trillion VND (7.74 billion USD).

As of August 2017, a total of 1,398 foreign direct investment projects worth 19.85 billion USD had entered the Mekong Delta, including 159 projects from Japan worth 2.1 billion USD, mainly in manufacturing, processing, coal, science-technology, and waste treatment.-VNA

VNA