Can Tho creates enabling environment to attract Japanese investors

The Mekong Delta city of Can Tho is committed to creating the best possible conditions for Japanese companies to study, invest and develop projects, Standing Vice Chairman of the municipal People’s Commitee Duong Tan Hien said at a January 20 meeting with representatives from the Japanese Embassy and businesses in Vietnam.

Furusawa Yasuyuki, General Director of AEON Vietnam Company Limited, speaks at a meeting with Can Tho city's leaders. (Photo: VNA)
Furusawa Yasuyuki, General Director of AEON Vietnam Company Limited, speaks at a meeting with Can Tho city's leaders. (Photo: VNA)

Can Tho (VNA) – The Mekong Delta city of Can Tho is committed to creating the best possible conditions for Japanese companies to study, invest and develop projects, Standing Vice Chairman of the municipal People’s Commitee Duong Tan Hien said at a January 20 meeting with representatives from the Japanese Embassy and businesses in Vietnam.

Hien also said he hopes the collaboration will increase between Can Tho and the Japan External Trade Organisation (JETRO), providing an opportunity to attract Japanese businesses to invest there.

Specifically, regarding companies like Aeon Mall Vietnam and Marubeni Corporation, Can Tho has closely coordinated with them to resolve issues within the city's authority. For procedures related to ministries and central agencies, it has also worked with relevant sides to expedite the groundbreaking of the Aeon Mall shopping centre in Can Tho, Hien said.

He added that ongoing efforts are being made to address difficulties related to the construction of the O Mon power plant project implemented by Marubeni Corporation.

Japanese Ambassador to Vietnam Ito Naoki said that upon arriving in Can Tho, he saw the city's rapid development and the local government's efforts to support foreign businesses.

The ambassador hoped that the city’s leaders will continue to improve the business and investment environment for foreign companies, enabling them to expand their investments further and bring more benefits to local development.

Matsumoto Nobuyuki, Chief Representative of the JETRO office in Ho Chi Minh City and Vice Chairman of the Japan Business Association in HCM City, noted a JETRO member is investing in Can Tho. He said that he hopes in the future, more Japanese businesses will come to invest in the Mekong Delta city, and JETRO is always ready to continue supporting the Can Tho administration in introducing the city's advantages to Japanese companies.

According to local authorities, Can Tho is now home to 80 foreign direct investment (FDI) projects with a total registered capital of over 2.2 billion USD. Among these, there are eight Japanese projects worth almost 1.35 billion USD in total, operating mainly in sectors such as manufacturing - processing, information technology, and electricity production.

The city considers Japan a reliable and important partner. To promote cooperation with Japan, the local administration has established the Japan desks in Can Tho as well as in Tokyo and Osaka to assist in resolving difficulties faced by Japanese investors in Can Tho and to provide information about the local investment environment, along with projects and sectors that Can Tho hopes to attract investors to.

The city also zoned a 30ha area to establish the Vietnam – Japan Friendship Industrial Park for Japanese investors. This industrial park has completed land clearance and is ready to welcome investors./.

VNA

See more

Prime Minister Pham Minh Chinh chairs the meeting (VNA)

PM urges proactive engagement with US on trade talks

Trade negotiations with the US must be calm, consistent, and flexible, aiming to protect national sovereignty, security, and interests, while upholding international commitments and pursuing “balanced interests, shared risks," said Prime Minister Pham Minh Chinh.

Fisshing vessels in Quang Binh province (Photo: VNA)

Vietnam races against time to have EC’s "yellow card" lifted before Sept. 15

The Ministry of Agriculture and Environment particularly focused on resolving all EC concerns before September 15, the deadline for submitting a progress report to the commission, as well as ensuring thorough preparations for the fifth inspection so as to secure the removal of the “yellow card” warning.

The daily reference exchange rate for the US dollar is set at 24,960 VND/USD on April 29. (Photo: VNA)

Reference exchange rate down April 29

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,960 VND/USD on April 29, down 4 VND from April 28.

Investment in artificial intelligence surges eightfold compared to 2023 (Photo: VNA)

Investment in AI in Vietnam increases eightfold

Vietnam is entering a new phase of growth, where innovation, science, and technology are at the forefront of shaping its future. From being an emerging market, Vietnam has now risen to become a strategic destination for technology investment in Southeast Asia, driven by the aspirations of the entrepreneurial community and strategic guidance from the government

The talks between Vietnamese Minister of Industry and Trade Nguyen Hong Dien and Cambodian Minister of Commerce Cham Nimul on April 28 (Photo: VNA)

Vietnam, Cambodia seek ways to bolster economic, trade ties

Vietnam and Cambodia inked an agreement on promoting bilateral trade for the 2025–2026 period, which provides preferential tariffs for many competitive goods from each side – much more favourable than those under the ASEAN Trade in Goods Agreement (ATIGA).

President of Vietnam Luong Cuong (10th from left), Party General Secretary and President of Laos Thongloun Sisoulith (ninth from left), and officials of the two countries at the inauguration ceremony of Wharf No. 3 of Lao - Viet International Port on April 28 (Photo: VNA)

New wharf at Lao - Viet Int’l Port inaugurated

The launch of Wharf No. 3 of Lao - Viet International Port expected to help ensure infrastructure for socio-economic development in both Vietnam and Laos, meeting the increasing demand for goods transportation.

Vietnamese Ambassador to Brazil Bui Van Nghi (centre), who is concurrently in charge of Peru pays a courtesy visit to Peru's Deputy Foreign Minister Felix Denegri Boza. (Photo published by VNA)

Vietnam, Peru step up economic and trade cooperation

Peru is currently Vietnam’s sixth-largest trading partner in Latin America. However, the trade value, standing at 518 million USD, remains modest compared to the potential and real demand between the two complementary economies.

Permanent Deputy Prime Minister Nguyen Hoa Binh speaks at the meeting with representatives from ministries, agencies, international institutions, banks, investment funds and investors in Hanoi on April 28. (Photo: VNA)

Deputy PM vows optimal conditions for firms to expand investment in int’l financial centres

Speaking at a meeting with representatives from ministries, agencies, international institutions, banks, investment funds and investors in Hanoi, Binh said that the Government of Vietnam is committed to always accompanying businesses, creating the most favourable conditions for enterprises to expand their investment in international financial centres in Vietnam as well as invest in other ecosystems that they are interested in.

Tunisia’s demand for imported goods remains high, especially for essential commodities such as raw coffee, rice, and sugar. Illustrative image (Photo: VNA)

Vietnam, Tunisia boost economic and trade cooperation

In 2024, trade between Vietnam and Tunisia reached 267 million USD, almost tripling the figure recorded in 2023. Vietnam’s main exports to Tunisia included footwear, raw coffee, pepper, cashew nuts, seafood, and machinery, while Vietnam imported seafood, dates, chemicals, and animal feed materials from Tunisia.

Local carmaker Kim Long Motor company and Korean Daon Mobility ink an agreement on exporting the local brand bus into the Korean market. Photo courtesy of Kim Long Motor (

Local carmaker to export buses to RoK

It’s expected that the first batch of 50 electric EV Buses will be delivered to the Republic of Korea (RoK) for operation in the second quarter this year.