Can Tho calls on Philippine firms to invest in high-tech projects

VOV.VN - The Mekong Delta city of Can Tho is keen to attract Philippine enterprises to high-tech and environmentally friendly projects in its industrial parks, Nguyen Thuc Hien, deputy head of the municipal administration told Philippine Ambassador to Vietnam Meynardo Los Banos Montealegre on November 3.

Receiving the diplomat in the city, Hien emphasised that Can Tho encourages Philippine businesses to further invest in potential fields, including agricultural and seafood processing, as well as stepping up cooperation in organic agricultural production and high-tech agriculture.

He proposed that Ambassador Montealegre introduce the city’s investment potential to associations and investors in the Philippines and provide information about the strengths, trade barriers, and investment orientations of Philippine businesses so that Can Tho can devise plans to elevate its own image in the market.

For his part, Ambassador Montealegre expressed his belief that economic cooperation and cultural exchange will further deepen the relationship between the two countries moving forward.

He revealed that the Philippines would send more delegations to explore cooperation opportunities in Can Tho in the future.

Statistics show Can Tho raked in US$56.91 million from exporting its major products such as rice, seafood, garments, fertilizers, and chemicals to the Philippines between January and September 2023.

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