Philippine group is looking for business opportunities in Can Tho

Can Tho’s authorities, public agencies and businesses held a working session with the Philippine group Vista Land in the Mekong Delta city on March 11.
Can Tho leader hosts Philippine group
Vista Land, Philippine group, is looking for business opportunities in Can Tho, with a desire to improve the quality of its food products. (Photo: VNA)

Standing Vice Chairman of the municipal People’s Committee Duong Tan Hien said Can Tho, with its strength in high-tech farming, can meet the needs of clean agricultural and aquatic products that Vista Land cares about.

The city hopes that through the company’s surveys and meetings with businesses, sides involved can promote trade connections and investment cooperation in the future, he noted.

A representative of the Philippine group said Vista Land is looking for business opportunities in Southeast Asia, including Vietnam, with a desire to improve the quality of its food products.

In its current field trip to Can Tho, the group said it has so far found a number of potential products to introduce to the Philippines such as rice, fruits, shrimp, processed fish, snacks, and dried fruits. There are many other local goods of great potential, it said, adding a wish to learn more about them and rice products in Can Tho and the delta as well as the city’s opportunities for investment.

Can Tho authorities stated that the city always opens its door for investors seeking investment and cooperation chances.

In 2022, Can Tho exported 101.98 million USD worth of products to the Philippine market, mainly rice, seafood, apparel, and medicine. It spent 1.02 million USD to buy goods, mostly medicinal ingredients, from the nation.

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(Source: VNA)