Nam asked the municipal Trade, Investment Promotion and Exhibition Centre to work closely with departments and agencies to invite foreign firms to Can Tho to learn about business opportunities because local budget for foreign trips is limited.
Nguyen Khanh Tung, Director of the centre, said the budget for local investment promotion reached VND3.5 billion (US$152,000) this year, the lowest as compared to Dong Thap, Kien Giang and An Giang.
The city successfully held trade and investment promotion activities at home and abroad, notably the investment promotion conference held in August with 19 signed agreements worth nearly VND85 trillion.
He said Can Tho will prepare feasible projects to welcome investment waves from Japan and Singapore, with priority given to the Vietnam – Japan friendship industrial zone, the concentrated information technology zone, and logistics centre.
It will also partner with Vietnamese Commercial Counsellors in Singapore, Malaysia, Russia and other countries to actively assist firms in expanding markets and bringing Vietnamese goods to foreign consumers.
In collaboration with the Ministry of Industry and Trade and the Business Association of High-Quality Vietnamese Products, the city will make it easier for enterprises to popularise trademarks and strengthen distribution networks.
In 2019, it will promote the marketing of processed farm produce and fruits, including bringing mangos to New Zealand and thac lac (clown knife fish) abroad.
According to Nam, Can Tho will join the Fine Food Australia fair and Thaifex-World of Food Asia exhibition in Thailand next year.