Want to be in the loop?
subscribe to
our notification
Business News
CAN THO ATTRACTS $175M IN FDI
The plant, valued at $171 million, will be located in the 2B HÆ°ng Phú Industrial Park.
The city also issued licences to two FDI projects worth a total of $4.26 million last month.
In 2015, Cần Thơ attracted only seven FDI projects with total registered capital of $19 million.
However, this year FDI has been far higher and is expected to continue to increase.
Foreign investors, especially from Japan and South Korea, have visited the area recently and expressed interest in doing business, according to Võ Thành Thống, chairman of Cần ThÆ¡ City’s People’s Committee.
“Cần ThÆ¡ is expected to issue licences for new FDI projects in the coming time,” Thống said.
To ensure sustainable development, the city has shifted priorities by focusing on the quality of projects, not just investment value.
Business areas that have been given priority include electronics, agricultural machinery, support industries, hi-tech agricultural and fisheries products, and transport and tourism infrastructure.
Logistics, garment and textiles, industrial parks, IT zones, hospitals and international schools are also among the city’s top priorities.
Total investment
To date, the city has attracted a total of 71 FDI projects with a total registered capital of $1.13 billion. Of the figure, total implemented capital has reached $358.8 million.
Most of the investors have been from Asia, including South Korea, Singapore, Hong Kong, Thailand and Taiwan, in addition to Western countries like the US, Germany and France.
However, many of the projects over the years have been of small scale and have used outdated technologies. Co-operation between large foreign companies and their local counterparts has been inadequate, and little technology transfer has occurred.
The city aims to improve investment promotions to attract more quality foreign projects in the coming time.
Located on the south bank of the Háºu (Rear) River, a branch of the Mekong River, Cần ThÆ¡ is the largest city in the Mekong Delta, with a population of 1.2 million.
Source: VNS
Related News
MEMBER CORNER / PROMOTIONS
KNIC EXCLUSIVE GATHERING & NETWORKING 2026: A NEW MEETING POINT FOR INDUSTRIAL INVESTMENT IN HANOI
On October 2, 2026, KN Industrial City (KNIC) will host KNIC Exclusive Gathering & Networking 2026 at the National Innovation Center (NIC) in Hanoi. Building on a series of business networking and investment promotion activities in Ho Chi Minh City and Dong Nai, the event marks a new opportunity for KNIC to connect with businesses, investors, and partners in Northern Vietnam.
MEMBER CORNER / PROMOTIONS
KNIC ENGAGES WITH GOVERNMENT AND HIGH-TECH BUSINESS COMMUNITIES IN CHINA
From Beijing to Shandong, KN Holdings and KN Industrial City are continuing to expand their engagement with government authorities, trade promotion organizations, and high-tech business communities in China. In Beijing, the delegation met with the Center for International Economic and Technological Cooperation under the Ministry of Industry and Information Technology (MIIT), exchanging perspectives on industrial and technology cooperation between the two markets.
VIETNAM ECONOMY INVESTMENT
VIETNAM’S TRADE TOPS $825 BILLION BY MID-SEPTEMBER
Figures released on September 21 showed goods trade reached nearly $55 billion in the first 15 days of September alone, bringing cumulative turnover since the beginning of the year to more than $825 billion. The strong growth reflects robust trade flows, with demand for consumer goods and production inputs remaining high.
TECHNOLOGY
VIỆT NAM'S BUSINESSES MOVE TOWARDS AI AGENTS
Việt Nam’s AI landscape is entering a new phase as businesses move beyond generative AI (GenAI) tools designed to assist human users towards autonomous AI, agentic AI and AI agents that can take action with limited supervision, experts have said. The shift comes as Việt Nam seeks to accelerate science and technology, innovation and digital transformation under Politburo Resolution 57-NQ/TW, issued on December 22, 2024.
GARMENT / TEXTILE
VIỆT NAM TARGETS $48 BILLION IN TEXTILE-GARMENT EXPORTS
Việt Nam’s textile and garment industry is facing both opportunities and challenges amid complex and unpredictable developments in the global market, prompting businesses to improve growth quality, optimise production costs and enhance adaptability in pursuit of an export turnover of about $48 billion this year. The target is considered an important milestone that requires concerted efforts from management agencies and the business community.
INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT
CUTTING LOGISTICS COSTS KEY TO BOOSTING EXPORTS
Reducing costs has become an increasingly urgent priority for import-export activities, particularly logistics costs, a conference in Hà Nội was told on Tuesday. According to Deputy General Director of the Ministry of Industry and Trade's Agency for Foreign Trade, Trần Thanh Hải, import-export activities has remained a bright spot for the economy in recent years, playing an important role and helping drive macroeconomic growth.
Events Sponsors
