Binh Duong province seeks cooperation opportunities with Australian partners
Investment opportunities in Vietnam’s southern province of Binh Duong were introduced to Australian businesses at a workshop in Sydney city on March 25.
At the workshop in Sydney city on March 25. (Photo: VNA)
Hanoi (VNA) – Investment opportunities inVietnam’s southern province of Binh Duong were introduced to Australianbusinesses at a workshop in Sydney city on March 25.
The event was held by the provincial People’sCommittee and Becamex IDC Corp in coordination with the Vietnamese ConsulateGeneral in Sydney, and Investment New South Wales (NSW).
In his remarks, Consul General Nguyen Dang Thangnoted with pleasure remarkable developments of the Vietnam-Australiarelationship, with the establishment of the comprehensive strategic partnershipearlier this month.
The diplomat also highlighted the dynamism of BinhDuong – a leading locality in foreign investment attraction, and expressed hishope that the province will be a destination for Australian investors.
Karla Lampe, Executive Director, Trade andInternational, Investment NSW, highlighted the growing relations betweenVietnamese localities and NSW, saying the Australian state is interested inenhancing its trade and investment ties with Vietnam.
Nguyen Loc Ha, Vice Chairman of the People’sCommittee of Binh Duong province, briefed the participants on the locality’spotential and strengths, as well as its incentives for foreign investors, pledging to facilitate their operations.
He called on Australian businesses to invest in suchareas as high-tech, support industries, information-technology, high-techagriculture, trade, services, infrastructure, and education-training.
Representatives from Australian trade agencies andenterprises expressed their impressions of Vietnam’s outstanding developments,and their wish to contribute to strengthening and deepening the bilateral tradeand investment ties.
On March 25 morning, the Binh Duong delegation helda working session with Mohamed Hage, President of the Australia-Arab Chamber ofCommerce & Industry, and Dean Kirkwood, General Manager at ResourceIndustry Network in Mackay city, Queensland, during which they compared noteson future cooperation./.
The upgrade of Vietnam-Australia relations to a Comprehensive strategic partnership is a natural development step and in line with the level of relationship between the two countries after more than 50 years of establishment and development, for the common interests and aspirations of the people of the two nations and for peace, stability, cooperation, and prosperity in the region and the world, spokeswoman of the Ministry of Foreign Affairs Pham Thu Hang said on March 14.
The establishment of the Vietnam-Australia comprehensive strategic partnership during the recent official visit to the Oceania nation by Prime Minister Pham Minh Chinh demonstrates joint efforts to deepen and promote mutual strategic trust, and contribute to building a new vision for the region, according to a scholar.
The Vietnam Fisheries Society (VINAFIS) and Australia’s Beanstalk Agtech company on March 21 signed a two-year memorandum of understanding on strengthening cooperation in smart agriculture in response to climate change.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
At the workshop in Sydney city on March 25. (Photo: VNA) 
