German company opens first branch in Can Tho
DIGI-TEXX Vietnam, a 100 percent foreign direct invested company from Germany opened its first branch in Can Tho City's Ninh Kieu district on November 20, creating 250 jobs.
Launching ceremony (Photo: VNA)The branch is expected to satisfy the company's need for new production and operation sites as well as an expanded workforce after 12 years in Vietnam.
The company said Can Tho had good infrastructure, open administrative policies and quality human resources.
From January to June this year, Can Tho attracted 64 foreign investment projects generating a registered investment of 938.3 million USD. These projects are expected to offer 6,700 jobs by 2016.
Most of the investment was in industrial, agriculture, hospitality, residential and resettlement projects.
DIGI-TEXX is one of several IT companies that have invested in Can Tho. The company expects to promote the city as a potential destination for business process outsourcing to the global market.-VNA
You should also see
Multilateral diplomacy hoped to help Vietnam become modern industrial country by 2045
Deputy Minister of Foreign Affairs Do Hung Viet has highlighted the role of multilateral diplomacy in realising the dream of building Vietnam into a modern industrial country by 2045 in his recent article published on the occasion of the Lunar New Year (Tet).
See more
Business
Banks plan to pay cash dividends for first time in three years
Some banks have announced plans to pay cash dividends to shareholders for the first time in three years.
Business
Public awareness programme broadened to battle illegal fishing
Besides strict administrative measures to fight illegal, unreported, and unregulated (IUU) fishing, authorities in coastal provinces and cities in Vietnam have begun communication programmes to raise awareness for fishermen to curb the issue.
Business
Vietnam faces huge inflationary pressure in 2023: expert
The demand-pull and cost-push inflation will put pressure on the country's efforts to control inflation amid surging demand and strengthening of the US dollar which yields increased import prices.
Business
Agro-fishery exports rosy after China’s reopening
Vietnamese exporters have pinned high hopes on exports to China growing after the country - a key market for Vietnam’s agro-fishery products - fully resumed trade activities at five border gates in Lang Son province from January 28.
Business
Vietnam’s airports serve more than 9.8 million passengers in January
Airports across Vietnam handled more than 9.8 million passengers in January, an increase of 13.8% compared to the previous month, according to the Civil Aviation Authority of Vietnam (CAAV).
