President of Vietnamese Fatherland Front Nguyen Thien Nhan attended the event. As part of a co-operative initiative between Korea and Vietnam, the project is expected to bring many benefits to the economy of Can Tho City, as well as other cities in the Mekong delta region. The KVIP project has adopted the Korean technological park model, with a total cost of over 21 million USD. The incubator park aims to assist organisations and individuals working in agro-fishery and mechanical engineering fields to nourish business ideas and utilize new technology.
