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In his remarks, Vietnamese Consul Normal to Sydney Nguyen Dang Thang mentioned Binh Duong is the primary province in Vietnam to rearrange an official go to to Australia after the COVID-19 pandemic outbreak.
Boasting a secure socio-political surroundings, a beneficial authorized framework, repeatedly improved infrastructure and a inhabitants of almost 100 million, of whom 70 % are younger and educated, Vietnam is poised to turn out to be a favorite vacation spot for Australian traders, mentioned the diplomat.
In 2021, regardless of the pandemic, the nations’ two-way commerce soared 49.45 % year-on-year to exceed 12.4 billion USD. Within the first 4 months of 2022, their commerce worth hit 4.8 billion USD, up 32.37 % yearly. As of March this yr, Vietnam had recorded 545 Australian-funded initiatives price near 2 billion USD.
Chairman of the Binh Duong Individuals’s Committee Vo Van Minh Tuan pledged to create greatest circumstances doable for overseas traders, significantly these from Australia.
Andrew Parker, Senior Commerce & Funding Commissioner for ASEAN at Funding New South Wales, mentioned alongside ASEAN, Vietnam is all the time a favorite vacation spot of Australian traders, eager on meals, software program and repair sectors.
He vowed to help Australian corporations in increasing trade-investment relationships with their ASEAN and Vietnamese friends.
On the seminar, the Funding and Industrial Improvement Company (Becamex IDC), one of many greatest actual property corporations in Vietnam, and the Australia Vietnam Enterprise Council (AVBC) signed a memorandum of understanding (MoU) on enterprise growth cooperation.
On Might 25 and 26, the Binh Duong Individuals’s Committee, Vietnamese Embassy and Becamex IDC additionally held an funding promotion occasion in South Australia’s Adelaide metropolis. On the event, Becamex IDC signed a cooperation MoU with the native Business & Normal Group.
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