the Economic Development Potential of
Can Tho City

Prime Geographic Location of Can Tho City

Can Tho City is situated in the center of the Mekong Delta, an important economic area of Vietnam. Its advantageous position helps Can Tho become a key gateway, connecting with domestic and international markets.

Important Trade Gateway of the Mekong Delta

Can Tho has a well-developed waterway transportation system, facilitating production, business, and investment. River ports, seaports, and inland waterways help Can Tho connect with neighboring provinces and international markets.

Multimodal Transportation Hub

Can Tho also has a modern road and air transport system, making the city a multimodal logistics center. The diverse connectivity creates competitive advantages for Can Tho in attracting investment and economic development.

The strategic geographic position and the multimodal transportation system enable Can Tho to become an important trading gateway of the Mekong Delta, facilitating production, business, and investment activities.

Potential for High-Tech Agricultural Development – Can Tho City

With its favorable geographic location, Can Tho is becoming a major agricultural center in Vietnam. The city focuses on developing high-tech agriculture by applying advanced technology to enhance productivity and product quality.

In Can Tho, many high-tech agricultural fields are prioritized, such as:

• Crop Production: Utilizing water-saving irrigation technology, soilless farming, and preservation technology.
• Livestock: Applying smart farming technology and waste treatment technology.
• Aquaculture: Utilizing farming, processing, and preservation technology for aquatic products.

Can Tho is building a research and high-tech application center, attracting domestic and foreign businesses to invest in high-tech agriculture. This helps improve productivity and product quality, promoting socio-economic development.

High-tech agriculture is a crucial sector in Can Tho’s economic development strategy. It helps enhance productivity, quality, and added value for agricultural products.

The development of high-tech agriculture brings economic benefits, protects the environment, and improves the livelihoods of Can Tho residents.

Attractive Investment Field: Processing and Export Industry

Can Tho is an important center of the Mekong Delta. The city attracts many projects due to its abundant agricultural raw materials and a quality labor force.

Abundant Raw Materials from Agriculture

Favorable geography and strong agricultural development in the Mekong Delta create opportunities for processing industrial factories in Can Tho. Products such as rice, fruits, seafood, and timber are supplied abundantly.

Abundant and Dynamic Labor Force

Can Tho has a rich labor force with many highly skilled workers. Training and high-quality human resource development policies attract many investment projects.

Can Tho’s strengths lie in its raw materials and labor. The city is becoming a destination for investors in the processing and export industry, which is a key economic sector for Can Tho in the future.

Diverse Ecotourism and Culture – Can Tho City

Can Tho is a city with great potential for ecotourism and cultural tourism, situated in the center of the Mekong Delta, making it convenient for visitors. Tourists from both domestic and international locations seek out this destination.

Attractive Ecotourism Areas

Can Tho has many famous ecotourism sites:

• Son Island – an island in the Hau River with coconut forests and small canals.
• Cau Garden – preserving the traditional planting and processing of areca nuts.
• Palm Garden – a vast palm field creating a peaceful environment.
• Cai Rang Ecotourism Area – the “Venice of Vietnam” with its floating market and traditional craft villages.

Rich Cultural Heritage

Can Tho also boasts a rich cultural heritage:

1. Cai Rang Floating Market – a large and bustling market in the Mekong Delta.
2. Binh Thuy Pottery Village – preserving traditional pottery products.
3. Pagodas and Temples – architectural works reflecting cultural identity.

Can Tho combines ecotourism and cultural heritage, making it an attractive destination that provides unique experiences for visitors.

Introduction to the Economic Development Potential of Can Tho City

Can Tho City, known as the “Western Water Region,” attracts many investors. It has many advantages in development potential, economy, and location. Can Tho is becoming increasingly important in the economy, trade, and services of the Mekong Delta.

Can Tho is located in the center of the Mekong Delta, regarded as the “gateway for trade” in the area. The transportation here is diverse, helping boost the economic development potential of the region.

Can Tho is also famous for high-tech agriculture and export processing. The diverse ecotourism and cultural sectors are also developing. Attractive incentive policies and high-quality human resources create favorable conditions for investment.

Can Tho is emerging as one of the bright spots in Vietnam’s economic landscape, attracting interest from many domestic and foreign investors.

Can Tho has many advantages, creating strong development opportunities. It can become the leading economic, trade, and service center of the Mekong Delta.

Favorable Investment Environment – Can Tho City

Can Tho City, the economic center of the Mekong Delta, has worked hard to create an attractive investment environment. It has implemented many incentive policies and a modern infrastructure system, making Can Tho an ideal destination for business and development projects.

Attractive Investment Incentive Policies

Can Tho City has applied attractive investment incentive policies, which include:

• Exemptions or reductions in corporate income tax for up to 15 years.
• Support in terms of land, infrastructure, and public services.
• Simplification of administrative procedures to facilitate investors.

Modern Infrastructure System

Can Tho has modern transportation, telecommunications, and physical infrastructure systems. This facilitates the production and business activities of enterprises.

Can Tho is an ideal destination for investors, with a favorable investment environment and modern infrastructure.

High-Quality Human Resources

Can Tho is strategically located, offering a favorable investment environment. This is a significant advantage in high-quality human resources. The vocational training and university systems are well-developed, providing a professional workforce with good vocational skills.

Top educational institutions, such as Can Tho University and Can Tho University of Technology, train high-quality human resources to meet investor demands. The combination of theory and practice prepares workers to meet project requirements.

The quality of the labor force and attractive policies attract many businesses. Sectors such as processing, manufacturing, and services are drawing investments, creating job opportunities and enhancing Can Tho’s competitiveness.

Modern Infrastructure

Can Tho City is continually striving to upgrade its infrastructure, aiming to facilitate production, business, and investment, thereby helping to develop the socio-economy.

Multimodal Transportation System

Can Tho has a diverse transportation system, including road, waterway, and air transport. The modern road network connects key points within the city and neighboring areas. Waterways and canals help facilitate the transport of goods and tourism.

Tan Son Nhat International Airport connects to domestic and international economic centers, providing convenient air transport.

Advanced Information Technology Infrastructure

Can Tho is building modern information technology infrastructure to meet socio-economic development needs. The telecommunications system, high-speed internet, and IT services are widely implemented.

This creates favorable conditions for business, innovation, and technology application, better supporting business and technological activities.

With modern infrastructure, Can Tho creates a favorable environment for production, business, and investment, aiding socio-economic development.

International Cooperation and Regional Linkages

Can Tho is highly focused on developing international cooperation and regional linkages, helping to promote the city’s socio-economic development. The city actively engages, shares experiences, and collaborates on investments, connecting with local and international businesses to create new development momentum.

Can Tho participates in many regional and international forums, such as the ASEAN Summit, and is involved in the International Conference on Sustainable Development and Innovation. This helps Can Tho sign various cooperation agreements with foreign partners, aimed at promoting economic, cultural, and scientific-technology advancements.

Can Tho also emphasizes regional linkages with neighboring provinces and cities in the Mekong Delta. The city develops value chains and connects industries and infrastructure, contributing to the overall development of the region.

Can Tho is making continuous efforts, affirming its position on the economic, cultural, and scientific-technology map both regionally and internationally.

Conclusion

Can Tho, with its strategic geographic position, rich resources, and favorable investment environment, attracts both domestic and foreign investors. Agriculture, industry, tourism, and logistics services are rapidly developing sectors.

The geographical advantages, modern infrastructure, and high-quality human resources create attractive investment opportunities. Can Tho is developing comprehensively, asserting its position as the economic, cultural, and technological center of the Mekong Delta.

Innovation, creativity, and international cooperation enhance Can Tho’s development potential, making it an attractive destination for investors and businesses.