The conference on May 3 reviews preparations for the investment promotion conference (Source: VNA)

Can Tho (VNA) – The Mekong Delta city of Can Tho plans to put up 54 projects to invite investment at its upcoming investment promotion conference in mid-August.

The list of projects, which need a combined 100 trillion VND (over 4.38 billion USD), was reviewed at a conference on May 3 on preparations for the conference.

The investment promotion conference under the theme of Sharing potential for mutual development, is slated for August 10. Around 500 domestic and foreign delegates are expected to attend the event, where the city will introduce its strengths, its commitment to investors along with local investment opportunities.

The city plans to seek advice and experience for its development towards becoming a service and hi-tech agriculture centre as well as an information technology hub of the country.  

Accordingly, three thematic discussions will be held on services, hi-tech agriculture and information during the conference.

Some investment projects will be awarded licences at the event.

Last year, Can Tho attracted some 77 foreign direct investment projects worth 656 million USD.

The same year, the city posted its highest ever retail revenue of over 106 trillion VND (4.66 billion USD), up 10 percent from 2016. With that figure, Can Tho topped the Mekong Delta and was ranked third nationwide only behind Ho Chi Minh City and Hanoi.-VNA