Vietnam boosts cooperation with Western Australian

Vietnam’s Consulate General in Perth and the West Australian Vietnam Business Council (WAVBC) on July 13 held a workshop to promote multifaceted cooperation between Vietnam and the Western Australian State, especially in the field of business.

Consul General Phung The Long (second from left) takes photo with business representatives from Western Australia State (Photo: VNA)

Consul General Phung The Long (second from left) takes photo with business representatives from Western Australia State (Photo: VNA)

Consul General Phung The Long said Vietnam is the 16th trade partner, the 15th exporter, and the third biggest farm produce importer of the State, adding that the two sides should actively explore and optimise their huge cooperation potential.

Vo Hong Duc, Director at Australia’s national energy supervision committee and head of the business and economic research group at the Ho Chi Minh City Open University, highlighted potential cooperative fields such as education, agriculture and consultancy.

He also pointed to difficulties that Western Australian companies should thoroughly study before building business and investment plans in Vietnam.

He introduced that Vietnam has a population of over 90 million people with new emerging economic zones in major cities like Hai Phong, Da Nang, Nha Trang and Can Tho, which are potential destinations for Western Australian firms.
 
Australia – potential market for Vietnam goods

Vo The Truyen from Australia’s vegetable growers association said Vietnam and Australia are big suppliers of farm produce, especially fruits, therefore, the two sides could shake hands in this sphere.
He noted that companies and farms in the Western Australian State have a lot of advantages and experience in preserving, packaging and post-harvest technologies and cultivation techniques, which could be transferred to Vietnamese farmers

Bruno Delfante, Manager Business Migration Centre under the Small Business Development Corporation of Australia, updated information on the policy of attracting business immigration of the Australian government for Vietnamese businesses.

Consul General Long pledged to accompany and support Western Australian and Vietnamese entrepreneurs with regularly provision of information.
With the participation of over 70 business representatives, the workshop is expected to create positive changes in the relations between Vietnam and the Western Australian State.

VNS

Other news

Most view

A filling station of Petrolimex

ATM cards can be used to buy gasoline from August 1

Vietnam National Petroleum Group (Petrolimex), National Payment Corporation of Vietnam (NAPAS) and Petrolimex Group Commercial Joint Stock Bank (PG Bank) yesterday signed a cooperation agreement on ATM card payment at Petrolimex filling stations.

Banking-finance

SBV prepares bad debt settlement plan

The central bank on Friday held an online conference to prepare for the implementation of the scheme to settle non-performing loans (NPL) and restructure credit institutions in the 2016-20 period.
 

Economy

Self - introduction

“Taste of world” buffet in Liberty Central Saigon Center

Central restaurant is located on the 3rd floor of Liberty Central Saigon City point hotel where combines the comfort of tradition with modern design for people to experience regionally-sourced cuisine and fresh local seafood, especially lunch and dinner buffet.

Stock market

VN Index drops after two-day rise

Vietnam’s benchmark VN Index retreated from a two-day increase as large-cap stocks were brought down by profit-taking pressure.