Construction site in Can Tho, Vietnam with cranes and new factory building.
Can Tho City is aggressively pursuing international partnerships and attracting significant foreign investment, demonstrating its proactive strategy for socio-economic development in the first half of 2026. This concerted effort is already yielding tangible results, signaling a robust growth trajectory for the Mekong Delta hub.
In May 2026, Can Tho’s leadership embarked on a strategic visit to South Korea, fostering a crucial business networking session with Busan and solidifying cooperation with Laos. The city’s commitment to global engagement is further underscored by hosting 421 international delegations, a notable increase from the previous year. These diplomatic endeavors culminated in the signing of key cooperation agreements with Busan City, Cheorwon District, and the Pacific Construction Group, laying a foundation for future collaborations. The successful organization of the 4th Mekong River Urban Corridor Initiative Dialogue also played a pivotal role in enhancing international collaboration and elevating Can Tho’s global profile.
Strategically, Can Tho is not just opening its doors but actively innovating its investment promotion. The city is partnering with diplomatic agencies and foreign business associations while developing a smart investment, trade, and tourism promotion ecosystem, leveraging cutting-edge VR360 and AI technologies. This forward-thinking approach, coupled with robust economic diplomacy, aims to empower local businesses in expanding their market reach and capitalizing on free trade agreements.
The city’s efforts are resonating with international investors. Singaporean businesses, including the prominent Sembcorp Group, are showing increased interest in Can Tho’s investment landscape, particularly in high-growth sectors such as manufacturing, logistics, food processing, digital transformation, and sustainable development. A significant vote of confidence comes from Bestway Company, an existing foreign investor in VSIP Can Tho, which is expanding its operations with an additional $40 million investment. This expansion underscores the city’s appeal and its supportive business environment.
Looking ahead, Can Tho remains focused on attracting high-tech, eco-friendly projects that promise high added value. The city’s commitment to offering strong support to businesses is a clear signal to startup founders, investors, and operators that Can Tho is positioning itself as a strategic destination for sustainable and innovative growth in Southeast Asia.
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