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Cần Thơ set to increase Japanese investment

Update: January, 10/2018 - 14:40
A view of Cần Thơ City at night. — Photo VNA
Viet Nam News

HÀ NỘI — The southern city of Cần Thơ will take up a series of activities this year to strengthen cooperation with Japan and attract Japanese investors. 

Speaking at a conference of the city’s working group on Japan-related issues (Japan Desk) on Tuesday, Nguyễn Khánh Tùng, director of the city’s Centre for Investment, Trade Promotion and Exhibition, said one of the activities was the construction of an ICT Innovation Centre developed by the Brainworks Company. 

Other activities will include a trade and investment promotion conference in Japan’s Hyogo prefecture, a meeting with Japanese investors in Hà Nội and a dialogue with Japanese firms. 

In April, Cần Thơ will launch a model farm project, the first of its kind in the city.

The project is jointly developed by the Cần Thơ College for Economy and Technology and Japan’s VAIO Company. The aim is to impart high-quality training to agriculture experts in Cần Thơ and build facilities to apply agricultural technology similar to Japanese agri-businesses.

A Việt Nam-Japan Industrial Park will also be constructed, Tùng said. 

Trương Quang Hoài Nam, vice chairman of the People’s Committee of Cần Thơ, said many Japanese investors were interested in Việt Nam, but only a few Japanese firms were doing business in the city.

Therefore, he said, Cần Thơ needed to make a breakthrough in attracting Japanese investments. 

According to the Cần Thơ Centre for Investment, Trade Promotion and Exhibition, by the end of 2017, the city accommodated 77 projects with foreign investment worth US$656 million. Its export and service revenue in the year hit $1.77 billion, exceeding the city’s target by 5.9 per cent and representing a year-on-year rise of 13.9 per cent. — VNS 

 

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