Conference to foster investment into Mekong Delta

Conference to foster investment into Mekong Delta

A conference promoting investment into the Mekong Delta will be held for the first time in Ho Chi Minh City on May 22.

The event, co-organised by the Vietnam Chamber of Commerce and Industry (VCCI) and the Mekong Delta club of promotion centres for trade, investment and tourism (Mekong PC), will provide the business circle with information on economic potential of the region, prioritised investment fields, and experience of operators of foreign direct invested (FDI) projects.

Deputy Director of the VCCI office in Can Tho city Nguyen Huu De said the function is set to offer opportunities for domestic and foreign businesses to engage more in local economic activities.

It will also help regional localities to devise appropriate policies to attract investment, he noted, expecting that it would become an annual event.

Mekong PC Vice Chair Pham Thanh Khon said the region is highly valued for its favourable business environment. Notably, Kien Giang, Dong Thap and Ben Tre provinces and Can Tho city were among the top 10 localities in the competitiveness provincial index rankings in 2013.

Therefore, the region is becoming a magnet for domestic and foreign investment, he added.

According to the VCCI Can Tho, the region now has 830 FDI projects, totalling 11.3 billion USD – 4.9 percent of the total figure in Vietnam . Most of them are operating in Long An, Kien Giang and Can Tho.

Meanwhile, investment into the fields of the Mekong Delta’s strengths like agriculture and tourism remains modest, it said.-VNA

Conference to foster investment into Mekong Delta Related image(s)