Vinamilk expands investment in the Southwest region

Responding to this event, Vinamilk committed to expanding investment in Can Tho in particular and the Southwest region in general with high-quality dairy farm projects...

Mr. Vo Thanh Thong - Chairman of Can Tho City People's Committee discussed at the press conference to inform about the 2018 Investment Promotion Conference of Can Tho. Photo: PV

The 2018 Investment Promotion Conference of Can Tho aims to introduce the city's socio-economic achievements; potential, investment opportunities and investment support policies to call for investment resources, effectively exploit the potential and strengths of the locality, with the participation of more than 500 domestic and foreign enterprises.

The conference will introduce priority areas for attracting investment and a list of 54 projects calling for investment with a total capital of more than 120 trillion VND; consult on experience in developing Can Tho towards a service center, high-efficiency agriculture and science and technology...

Image of Vietnam's first organic farm inaugurated by Vinamilk in March 2017 in Da Lat. Photo: PV

The conference is expected to include signing of memorandums of understanding and investment cooperation; awarding investment policies for a number of projects; rewarding and honoring domestic and foreign organizations and individuals who have made great contributions to the city's social security; and launching a number of key projects.

It is known that Vietnam Dairy Products Joint Stock Company (Vinamilk) also chose Can Tho as the place to concentrate its farms in the Western region. This is a strategic development step, demonstrating Vinamilk's sustainable vision as the leading dairy company in Vietnam.

Vinamilk Can Tho farm cluster includes the 3rd organic farm in Vietnam (after 2 organic farms in Da Lat and Thanh Hoa) deployed through cooperation with Song Hau Farm on an area of ​​over 6,000 hectares will be Vinamilk's first step for the dairy farming industry which is very potential in the Western region.

Vinamilk Can Tho farm cluster includes the third organic farm in Vietnam (after two organic farms in Da Lat and Thanh Hoa). Photo: PV

With a very favorable location, located in the center of the Mekong Delta, Can Tho city is the economic, educational - training, scientific - technical and medical center of the region. In recent times, in addition to investing in completing infrastructure to serve socio-economic development, Can Tho has also focused on improving the investment and business environment, enhancing competitiveness, aiming to make the city one of the attractive destinations for investors. In recent years, Can Tho's Provincial Competitiveness Index (PCI) has always been ranked good. In particular, it has increased to rank 10/63 provinces and cities nationwide in 2017.

Vinamilk high-tech dairy farm complex in Thanh Hoa. Photo: PV

In addition, Can Tho with its high annual growth rate is also the economic center for the Western provinces. The population in the region is approximately 18 million people, accounting for about 19% of the country's population, which will ensure the output for Vinamilk's products for a long time. In addition, accessing markets in the ASEAN region by waterway from here is also very convenient, creating favorable conditions for the development of business, import and export of enterprises in the area.