Vinamilk expands investment in the Southwestern region of Vietnam.
(Baonghean.vn) - The People's Committee of Can Tho City recently held a press conference to provide information about the 2018 Investment Promotion Conference with the theme "Sharing Potential, Developing Together," which will take place on August 10th.
In response to this event, Vinamilk is committed to expanding investment in Can Tho in particular and the Southwestern region of Vietnam in general with high-quality dairy farm projects…
 |
| Mr. Vo Thanh Thong, Chairman of the People's Committee of Can Tho City, speaks at a press conference providing information about Can Tho's 2018 Investment Promotion Conference. Photo: PV |
The 2018 Can Tho Investment Promotion Conference aimed to showcase the city's socio-economic achievements, investment potential and opportunities, and investment support policies to attract investment resources and effectively exploit the local potential and strengths, with the participation of over 500 domestic and foreign businesses.
The conference will introduce priority areas for investment attraction and a list of 54 projects seeking investment with a total capital of over 120 trillion VND; consult on experiences in developing Can Tho towards a center for services, high-efficiency agriculture, and science and technology…
 |
| This is a picture of Vietnam's first organic farm, inaugurated by Vinamilk in March 2017 in Da Lat. Photo: PV |
The conference is expected to include the signing of memoranda of understanding and investment cooperation agreements; the granting of investment approvals for several projects; the awarding and honoring of domestic and foreign organizations and individuals who have made significant contributions to the city's social welfare; and the launching of several key projects.
Reportedly, Vinamilk, the Vietnam Dairy Products Joint Stock Company, has also chosen Can Tho as the location for its farms in the Mekong Delta region. This is a strategic development, demonstrating Vinamilk's sustainable vision and its position as the leading dairy company in Vietnam.
The Vinamilk Can Tho farm complex, comprising the third organic farm in Vietnam (after the two organic farms in Da Lat and Thanh Hoa), is being developed through a collaboration with Song Hau Farm on an area of over 6,000 hectares. This will be Vinamilk's starting point for the highly promising dairy farming industry in the Mekong Delta region.
 |
| The Vinamilk Can Tho farm complex includes the third organic farm in Vietnam (after two organic farms in Da Lat and Thanh Hoa). Photo: PV |
Strategically located in the heart of the Mekong Delta, Can Tho City serves as the economic, educational, scientific, technological, and medical center of the region. In recent years, alongside investing in infrastructure development to support socio-economic growth, Can Tho has focused on improving its investment and business environment, enhancing its competitiveness, and becoming an attractive destination for investors. In recent years, Can Tho's Provincial Competitiveness Index (PCI) has consistently ranked highly, notably rising to 10th place out of 63 provinces and cities nationwide in 2017.
 |
| Vinamilk's high-tech dairy farm complex in Thanh Hoa. Photo: PV |
Furthermore, Can Tho, with its high annual growth rate, is also the economic center for the provinces of the Mekong Delta. The region's population of approximately 18 million people, accounting for about 19% of the country's total population, will ensure a long-term market for Vinamilk's products. In addition, access to ASEAN markets via waterways from here is extremely convenient, creating favorable conditions for the development of business and import-export activities for enterprises in the area.
