Business

RoK eyes to invest in building smart urban areas in Can Tho

A delegation of the Korea Overseas Infrastructure and Urban Development Corporation (KIND) of the Republic of Korea (RoK) had a working session with officials of the Mekong Delta city of Can Tho on opportunities to invest in developing smart urban areas in the locality.
RoK eyes to invest in building smart urban areas in Can Tho ảnh 1At the working session (Photo: VNA)

CanTho (VNA) – A delegation of the Korea Overseas Infrastructure andUrban Development Corporation (KIND) of the Republic of Korea (RoK) had aworking session with officials of the Mekong Delta city of Can Tho on opportunitiesto invest in developing smart urban areas in the locality.

Duringa reception for the RoK delegation on October 12, Vice Chairwoman of the municipalPeople’s Committee Vo Thi Hong Anh said Can Tho is in need of developing such fields as management and operation of export processing zones and  industrial parks; climate change adaptation andenvironmental protection in urban areas; managing and developing urban areasand residential areas, and housings, and effectively using land; and intelligenttraffic; and using database, thus helping the municipal authorities build developmentsolutions for the city.

The city is calling for investment from units that are capable of joininginvestment in projects in the city, she said, adding that she hopes Koreaninvestors to engage in developing large shopping centres in Can Tho to serve investors from other countries.

Adirect air route has been opened between Can Tho and the Republic of Korea, shestressed, affirming that the municipal authorities will work closely with investors to solve related issues as quickly as possible so that the two sides willsuccessfully implement projects.

Teakwon Seo, Executive Vice President of KIND, said his agency wishes to invest in developing smart urbanareas in Can Tho.

As KIND is still working on specific options of investing in the Mekong Deltaregion, it is favourable to invest in Can Tho because it is the largestcity in the region and has relatively good infrastructure system, he said.

KIND, the agency under the Korean Ministry of Land, Infrastructure andTransport, is working in promoting public-private partnership (PPP) projectsabroad, and capable of directly investing in projects as an investor throughthe acquisition of a portion of equity or as a direct lender. It currently manages investment funds with a total capital of up to 1.5 billion USD.

Theorganisation's investment and support areas include transport infrastructure,urban development, electricity, energy and petrochemical industries; waterresources and environmental infrastructure. In Vietnam, KIND is operating projectsin urban development with a total investment capital of 390 million USD./. 
VNA
#Can Tho #Korea #smart urban areas #large shopping centres #infrastructure system #PPP projects #Vietnamplus #Vietnam news #Vietnam News Agency Can Tho Korea (RoK)
Follow VietnamPlus

Related News

RoK firms come hiring at HCM City job fair

RoK firms come hiring at HCM City job fair

Investment in Vietnam from the Republic of Korea (RoK) is expected to rise further, increasing demand for labour, according to the Korea Trade-Investment Promotion Agency (Kotra).
RoK firms want to invest in Vietnam’s digital transformation

RoK firms want to invest in Vietnam’s digital transformation

Many leading groups and corporations of the Republic of Korea, which operate in banking, finance, electricity, retail sales, and technology, have expressed their interest in cooperation with Vietnamese partners, including FPT Corporation, in the fields of new technologies digital transformation.
Deputy Prime Minister Trinh Dinh Dung speaks at the event (Photo: VNA)

Vietnam – RoK business summit opens in Quang Nam

The Vietnam – Republic of Korea (RoK) business summit took place in the central province of Quang Nam on November 9, discussing policies and orientations for bilateral cooperation in startups, innovation, and technology development.

See more

An overview of a meeting between Politburo member and Secretary of the Hanoi Party Committee Tran Duc Thang and representatives of Saint Petersburg businesses. (Photo: VNA)

Saint Petersburg’s metro expertise valuable for Vietnam

As Hanoi implements its master plan with a 100-year vision, in which metro lines are identified as the backbone of the capital city’s transport network, Secretary of the municipal Party Committee Tran Duc Thang met with representatives from several Saint Petersburg companies specialising in urban rail development.

An art performance at 2026 Dak Lak Durian Festival. (Photo: VNA)

Dak Lak Durian Festival seeks to elevate Vietnam’s agricultural brand globally

Dak Lak has about 41,000ha of durian, with this year’s output estimated at nearly 500,000 tonnes. The province has 280 growing-area codes covering around 7,500ha, along with 41 packing facilities approved for export. In 2025, Dak Lak’s durian sector contributed about 1.1 billion USD to the country’s export turnover.

Delegates cut the ribbon to inaugurate the Ho Chi Minh City-Shenzhen direct air route. Photo: baodautu.vn

Vietravel Airlines launches direct Ho Chi Minh City-Shenzhen route

Vietravel Airlines' new route connects Tan Son Nhat International Airport (SGN) in Ho Chi Minh City with Shenzhen Bao'an International Airport (SZX), meeting growing demand for travel between the two markets for investment, trade, tourism and visiting relatives.

Thanks to digital transformation among local officials, Tam Dao commune of Phu Tho province has achieved an almost 100% on-time rate for processing administrative applications, helping improve public services for residents. (Photo: VNA)

Institutional reform fuels private sector's growth in Phu Tho province

The private sector is increasingly emerging as a key growth engine of the economy. To unleash its potential and ensure sustainable development, the northern province of Phu Tho is stepping up institutional and administrative reforms to cut costs, shorten procedures, and build a more transparent, business-friendly investment climate.

Hoa Phat Wharf inside the Dung Quat Economic Zone (Photo: VNA)

Dung Quat EZ, Quang Ngai IPs draw nearly 19.4 bln USD

The Dung Quat Economic Zone and Quang Ngai industrial parks have so far attracted 441 projects worth around 19.4 billion USD, according to the Dung Quat Economic Zone and Quang Ngai Industrial Parks Authority (DEZA).

The Kim Long Motor Hue factory (Photo: VNA)

Hue courts capital to turn industrial zones into growth engine

The economic and industrial zones in Hue city host more than 200 active investment projects worth over 152 trillion VND (5.84 billion USD), with 139 already operational. Since the start of 2026, they have generated about 32 trillion VND, contributed 4.2 trillion VND to the state budget and brought in 730 million USD in exports, while employing more than 46,000 workers.

Processing cashew nuts for export at Nguyen Thong Co., Ltd. in Dak Lak province. (Photo: VNA)

Vietnam’s exports to New Zealand post strong growth

According to the Customs Department, two-way trade reached 844 million USD in the first half of 2026, of which Vietnam’s exports to New Zealand totaled 399.7 million USD, up 18.8% year-on-year, while imports stood at 444 million USD.

Starting from September 2026, agricultural products from the Mekong Delta are expected to be transported directly from Cai Cui Port to Guangxi, China. (Photo: VNA)

Investing in logistics to boost agricultural production and exports

Logistics is increasingly becoming a major bottleneck for exports as transport costs rise and requirements for data management, low emissions and supply chain transparency become more stringent, requiring coordinated investment in logistics infrastructure, data infrastructure and transport capacity.

Harvesting rice in the Mekong Delta (Photo: VNA)

Vietnam seen as gateway for Canadian farm produce to ASEAN

As Canada steps up trade diversification and seeks to reduce its dependence on the North American market, Vietnam could serve both as a market for Canadian goods and a base for Canadian businesses to build production capacity and expand operations in the region.