Japanese businesses seek investment opportunities in Can Tho

More than 100 CEOs of Japanese businesses will direct fly to Can Tho City on November 1 to attend a series of activities to mark the 45th anniversary of Vietnam-Japan diplomatic ties which run until November 4.

Illustrative image (Source: VNA)

Hanoi (VNA) - More than 100 CEOs of Japanese businesses will directfly to the Mekong Delta city of Can Tho on November 1 to attend a series ofactivities to mark the 45th anniversary of Vietnam-Japan diplomatic ties whichrun until November 4.

This is the first time Can Tho airport will welcome the largest ever number ofJapanese entrepreneurs who will come to the Mekong Delta city to seekinvestment opportunities in Can Tho and the Mekong Delta region as well,reported Radio the Voice of Vietnam (VOV).

Nguyen Phuong Lam, Vice Director of the Vietnam Chamber of Commerce andIndustry (VCCI) branch in Can Tho, said after the three Vietnam-Japan cultureand trade exchanges since 2015, Japanese businesses have increased theirinvestments in the Mekong Delta region. This demonstrates how successful andworthwhile the events are.

During the first 10 months of this year, Japan businesses have invested in awhopping 318 projects in Vietnam, including 11 projects in the Mekong Deltaregion.

They have so far poured investments into 3,889 projects with a combined capitalof 55.775 billion USD including 172 projects in the Mekong Delta worth nearly 2.2billion USD.

Japan ranks second behind only the Republic of Korea among foreign investors inVietnam. - VNA

VNA