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PM requests Can Tho to create better business environment

VGP – PM Nguyen Xuan Phuc said that Can Tho City needs to create a more favorable business and investment environment and expressed his hope that the investors will coordinate with the city’s authorities to achieve development visions in the next decade.

August 10, 2018 3:38 PM GMT+7

PM Nguyen Xuan Phuc attends Can Tho investment promotion meeting, Can Tho City, August 10, 2018 - Photo: VGP/Quang Hieu

The PM made that statement at the Can Tho investment promotion meeting on August 10 in Can Tho City. 

The Government chief lauded the city for achieving a GDP income per capita of VND81 million in 2018, 1.4 times higher than the nation's rate, suggesting investors pour more investment in service, hotels, tourism and processing industry in Can Tho City. 

The city has made breakthroughs thanks to Trung Luong-My Thuan-Can Tho Highways and other crucial roads, which helps halve the travel time from Ho Chi Minh City to it, from 180 minutes to 90 minutes. 

The PM highlighted the key role of Can Tho International Airport, expecting that a number of direct flights will be launched to connect Can Tho to other regions nationwide through Viet Nam Airlines, VietJet and Bamboo Airways. 

According to the plan, by 2025, Can Tho city will become a center for industry, commerce, service, tourism, education-training, science-technology, health care and culture as well as a gateway to the Lower Mekong Basin and hold a strategic location of defense and security, said the PM. 

Mr. Phuc proposed the city facilitate investors' activities, through organizing dialogues with them to tackle difficulties and obstacles as well as participate in the fourth industrial revolution. 

At the meeting, leaders of Can Tho City’s People’s Committee and 19 investors signed cooperative agreements worth nearly VND85,000 billion. Investment certificates, valued VND8,000 billion were granted to 10 businesses.   

By Thuy Dung