Can Tho seeks to improve FDI quality, create new growth momentum
Can Tho, Sept. 18 -- Following the expansion of its development space, together with the formation and completion of its network of transport infrastructure, industrial parks and logistics centres, Can Tho is presented with an opportunity to redefine its role in attracting foreign direct investment (FDI) to the Mekong Delta. In the new development phase, the goal is not only to attract more capital, but more importantly to retain a greater share of the value generated by each investment project. According to Associate Professor Dr Phan Anh Tu, Vice Rector of the School of Economics at Can Tho University, FDI is a relatively stable "pillar" of the city's economy but has yet to become a new growth driver. Therefore, rather than simply incre...
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