Can Tho targets 450 million USD in FDI in 2021-2030
The Mekong Delta city of Can Tho expects to attract 450 million USD in foreign direct investment (FDI) in the 2021-2030 period, according to a plan recently approved by the municipal People’s Committee.
Can Tho (VNA) - TheMekong Delta city of Can Tho expects to attract 450 million USD in foreigndirect investment (FDI) in the 2021-2030 period, according to aplan recently approved by the municipal People’s Committee.
In 2021-2025, Can Tho targets 200million USD of FDI, of which 150 million USD will be disbursed. In 2026-2030,the city aims to draw 250 million USD with 200 million USD disbursed.
To support domestic and foreigninvestors, municipal leaders have announced that priority is being given tocalling for investment in high-tech agriculture, agriculture processing,preservation, logistics, culture and tourism, tourism infrastructure, transportinfrastructure, resort and urban infrastructure, housing, and commercialcentres.
Over the years, Can Tho hasinvested a great deal in infrastructure, especially transportinfrastructure, better meeting the needs of socio-economic development andattracting investment to the city and the whole Mekong Delta region.
In 2019, the city organisedmany missions to promote domestic and foreign investment cooperation, focusingon markets suitable to local investment attraction needs, such as Japan,Malaysia, Singapore, the Czech Republic and Russia.
By the end of February, Can Tho washome to 85 foreign-invested projects, worth 721 million USD, ranking42nd among 63 provinces and cities nationwide, according to the ForeignInvestment Agency under the Ministry of Planning and Investment.
In 2019 alone, thecity lured nearly 70 million USD in FDI./.
The inflow of foreign investment into Vietnam experienced a year-on-year drop of 23.6 percent in the first two months of the year to 6.47 billion USD, according to a report from the Ministry of Industry and Trade’s Foreign Trade Agency.
More rice farmers in Can Tho city have switched to other crops or have rotated the cultivation of rice with other crops to increase income and cope with drought.
Authorities in the Mekong Delta city of Can Tho held a meeting with municipal departments and agencies on March 18 to discuss the disbursement of public investment for key local works in 2019 and to launch their 2020 disbursement plan.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
The Prime Minister emphasised the significance of maintaining macroeconomic stability, controlling inflation, promoting growth, and improving the harmony between monetary and fiscal policies.
Petrovietnam will step up the development of new products and the expansion of international markets to reduce reliance on the domestic market. It also plans to optimise capital use, manage cash flow and costs, streamline operations, and enhance workforce quality to achieve its 2025 goals.
Vietnam has so far attracted 43,346 valid FDI projects with a total registered capital of 517.14 billion USD. The accumulated disbursed capital is estimated at nearly 331.46 billion USD, accounting for 64.6% of the total registered capital.
More than a product showcase, Vietfood & Beverage – Propack Vietnam 2025 is designed as a comprehensive ecosystem where businesses, experts, and consumers can share knowledge, explore technologies, and connect for collaboration.
Both sides expressed their hope that the outcomes of the discussion will continue to improve the efficiency of customs clearance activities at the customs clearance points and dedicated transport routes of the Huu Nghi – Youyi Guan international border gate pair.
The maximum retail price of E5 RON92 petrol has increased by 207 VND to 19,608 VND (0.75 USD) per litre while that of RON95-III rose by 234 VND to 20,074 VND per litre.
A corner of Can Tho city (Photo: VNA) 
