An overview of a working session between Vice Chairman of the People’s Committee of the Mekong Delta city of Can Tho Nguyen Ngoc He and Malaysian Ambassador to Vietnam Dato’ Tan Yang Thai (Photo: VNA)Can Tho (VNA) – Vice Chairman of the People’s Committeeof the Mekong Delta city of Can Tho Nguyen Ngoc He and Malaysian Ambassador toVietnam Dato’ Tan Yang Thai explored possibilities for further bilateral cooperation, with a particular focus onagricultural sector, duringa local working session on March 5.
HighlightingCan Tho as the first-tier municipality that is located in the heart of theMekong Delta renowned for its strengths in rice, fruits and aquaculture, Hewished that Malaysian firms would consider investing in the city,especially in sectors needing investment, such as food processing, hi-techagriculture, logistics and smart technology.
Furthermore, he alsoencouraged them to invest in the Mekong Delta farm produceprocessing and selling centre, a project endorsed by the Prime Ministerto be situated in Can Tho.
The city is committed to creating the most favourableconditions for Malaysian firms to invest there, with support policies andincentives, he said.
The Malaysian Ambassador cited 2023statistics that show Malaysia as the sixth largest importer ofVietnamese rice. He also emphasisedVietnam's crucial role in ensuring food security for Malaysia, particularly inlight of the nation's limited capacity for food production.
He pledged to raise awareness amongMalaysian people and businesses about the Vietnamese city's potentials,beauty and investment opportunities, urging them to explore investmentprospects in the city.
According to the municipal Department of External Affairs, thecity now hosts one Malaysia-invested project valued at around 285,000 USD, which manufactures various roofing products andworkshop frames.
Last year, Can Tho exported goods worth 35.9 million USD to Malaysia, mostly rice, aquaticproducts, processed farm produce, apparel, pharmaceuticals, and veterinarydrugs. Conversely, imports from Malaysia wereestimated at 0.28 million USD, primarily materials for pharmaceutical and garment-textile industries.
In the afternoon the same day, the Malaysian diplomat visitedthe Trung An Hi-Tech Agriculture JSC in Thot Not district. This companyspecialises in processing and trading varioustypes of clean and organic rice./.
