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Wednesday, July 24, 2024

Many Australian firms eye investment in Vietnam

The Saigon Times

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HCMC – Many companies from Australia raised questions over incentives and policies for investing in Vietnam, especially Binh Duong Province, at an investment forum held yesterday, May 24, in Binh Duong.

The Australian Embassy in Vietnam coordinated with the authorities of Binh Duong and Victoria state to organize the event to introduce a stable and developing Vietnam, the growth potential of and investment opportunities in Binh Duong to Australian firms.

Speaking at the event, Vo Van Ninh, chairman of the provincial government, and Nguyen Tat Thanh, Vietnamese Ambassador to Australia, also fielded questions from Australian company representatives about the locality’s ability to offer supporting policies to small and medium enterprises.

Earlier at the event, Chairman Vo Van Ninh introduced the southern province’s strengths, especially in transportation, infrastructure, industrial parks, and smart urban systems.

Over the past two decades, the province has been focusing on developing industrial parks, and now it is home to over 10 international-standard industrial parks that have attracted major corporations in the world.

Binh Duong has already established bilateral cooperation with 11 overseas provinces and cities and is an official member of many international organizations, including ICF and WTCA.

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  1. Ahhhh, I’ll add this to the long list of ‘business development’ events that AUSTRADE in HCMC had something to do with, where they didn’t get around to inviting Australian businesses that are already on the ground in Vietnam. If you have a burning ambition o see what it’s like communicating with a wall, reach our to AUSTRADE.


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