Can Tho city works to attract Japanese investment

A seminar was held in Can Tho on June 17 to call for Japanese investment in spheres where the Mekong Delta city has demands.
Can Tho city works to attract Japanese investment ảnh 1Deputy Consul General of Japan in Ho Chi Minh City Ogawa Megumi. (Photo: VNA)

Can Tho (VNA) – A seminar was held in Can Tho on June 17 to call for Japanese investment in spheres where the Mekong Delta city has demands.

Speaking at the event, Vice Chairman of the municipalPeople’s Committee Nguyen Van Hong said Can Tho is now home to sixJapanese-invested projects worth 1.35 billion USD, helping Japan rank first in the city in terms of registered capital.

The city's export value to Japan reached 40.6 million USD in the first four months of this year, with export staples mostly being seafood, apparel, farm produce, steel andsteel products, pharmaceuticals, chemicals, feather and others, while its importturnover was estimated at 9.8 million USD, with key products being pharmaceutical rawmaterials, fabrics, leather, machinery and equipment.

Nobuyuki Matsumoto, Chief Representative of the Japan External TradeOrganisation (JETRO) in Ho Chi Minh City, said Can Tho now boasts sevenuniversities and serves as a major human resources training centre in theMekong Delta, making it attractive for enterprises. The city's workforce,particularly in the field of information technology, are highly sought afterfor skills in digital transformation, automation, smart factories, mechanicalengineering and electrical engineering.

Deputy Consul General of Japan in Ho Chi Minh City Ogawa Megumi said several Japanese firms have invested in foodprocessing in Can Tho as the city has abundant natural resources in agricultureand aquaculture from the Mekong River.

She hoped that when the construction of expressways iscompleted in the future, the transportation of goods from Can Tho to Ho ChiMinh City, the largest market, will become easier./.

VNA

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