At the Conference on Strengthening Connectivity and Accompanying Enterprises, held on the morning of January 11th, Mr. Ha Vu Son stated that the conference aims to enhance connectivity and collaboration between businesses and credit institutions in the region. This initiative seeks to facilitate capital flow, ensuring the “lifeblood” of the economy remains robust.
Conference in session.
Regarding Can Tho’s spatial development strategy, Mr. Son highlighted the city’s focus on developing an industrial hub in the Vinh Thanh Industrial Zone. This initiative aims to establish an “industrial city” capable of employing approximately 350,000 workers, with an estimated investment value of $6 billion. Additionally, Can Tho is advancing the “airport urban area” project, spanning 16,000 hectares and requiring an investment of around $16 billion.
Can Tho is also developing the South Hau River axis, constructing the “Tran De Port City.” A conglomerate is currently exploring a $16.8 billion investment in a 93,000-hectare land reclamation project. Plans include a $4 billion steel plant, a shipbuilding facility, a wind turbine tower manufacturing plant, and a clean energy system to support the port city and facilitate exports.
Mr. Ha Vu Son, Director of Can Tho Department of Industry and Trade, pledges robust support for businesses.
On administrative procedures, the Director of Can Tho Department of Industry and Trade committed to transitioning public services to a more supportive role for businesses.
“Regarding the issuance of C/O (Certificate of Origin), we are prepared to sign at 10 PM if it facilitates exports and generates revenue. We have no reservations about late-night signings. For businesses investing in energy, industry, or exports, with bank-guaranteed capital, we will coordinate with relevant departments to handle procedures on their behalf,” Mr. Son assured.
Moving forward, Can Tho’s industry and trade sector seeks strong collaboration from all stakeholders to achieve a more prosperous economic landscape.
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