Can Tho (VNA) – The Mekong Delta city of Can Tho continues calling for investment in agriculture and processing industries, Vice Chairman of the municipal People's Committee Vuong Quoc Nam said at a working session in Can Tho city on October 1 with representatives of the Japan External Trade Organisation (JETRO) Ho Chi Minh City.
Okabe Mitsutoshi, Chief Representative of JETRO Ho Chi Minh City, said the meeting aimed to gather information on Can Tho’s development plans, priority investment areas and policies to support foreign businesses. The findings will be published on JETRO’s official website and circulated among Japanese enterprises considering expanding into Vietnam, particularly to the southern region.
According to Okabe, Japanese investors remain highly interested in Vietnam thanks to its favourable investment climate, large and growing market, political and social stability, and competitive labour costs. He noted concerns about administrative procedures, rising labour expenses and incomplete infrastructure. Addressing these issues, he said, would help strengthen investor confidence in Can Tho.
Vice Chairman Nam said that the city, with an economic scale of 11.6 billion USD and annual exports worth 5 billion USD, is prioritising investment in agriculture, aquaculture and food processing. Can Tho is a major producer of rice, fruit and seafood, including the world’s award-winning ST25 rice variety, generating abundant raw materials for processing and export.
Can Tho welcomes investments in high-quality seed production, circular and organic agriculture, high-tech farming, and agro-forestry projects such as cereal cultivation for feed and wood pellet production. The city has prepared clean land in its industrial zones to facilitate projects in agriculture, processing, renewable energy and logistics.
Currently, the city hosts 125 foreign-invested projects worth more than 7 billion USD, including 13 Japanese projects with a combined capital of 1.65 billion USD./.
