Japan remains key business partner of Can Tho
Japan remains key business partner of Can Tho
Can Tho City through investment promotion events in recent years has actively courted Japan as its key business partner, heard participants at a seminar on August 8 in the city.
As of July this year, Japan has invested in seven out of 84 projects in the central city of Mekong Delta, with pledged capital of nearly US$25 million, mainly in the fields of commerce, manufacturing, information technology and healthcare, according to data released at the seminar on investment promotion held by the municipal government.
Besides this, two-way trade value between the city and Japan totaled some US$206 million last year. Of this, the city exported rice, aquatic products and handicrafts to Japan, with export turnover reaching US$170 million, and it imported fabrics and pharmaceutical materials from Japan.
In addition, the city has built the Vietnam-Japan Industrial Zone covering 30 hectares of land for Japanese investors in Hung Phu 1 Industrial Zone.
With multiple advantages in terms of transport infrastructure facilities, young human resources and a low-cost and skilled labor force, the city offers the best business environment for Japanese investors who plan to invest in hi-tech and supporting industries, the processing industry and the information technology sector, particularly at the Vietnam-Japan Industrial Zone.
Can Tho hopes to attract more Japanese investors to the city, especially in the fields of healthcare, education, tourism and logistics.
