PM Phuc receives leading Australian firms

ABO/NDO – Vietnam always welcomes and creates favourable conditions for Australian enterprises to seek investment cooperation opportunities in the country, Prime Minister Nguyen Xuan Phuc has said.

PM Nguyen Xuan Phuc (right) and Sunrice CEO Rob Gordon. (Photo: VGP)

The Vietnamese PM made the statement during his March 16 meeting with the leaders of a number of leading Australian firms in agriculture, rice production, health care, tourism, water treatment, and infrastructure development, including Sunrice, ICON, HunterNet, Sunrice, Veolia, and Webjet.

He lauded the cooperation between these companies and their Vietnamese partners, proposing they continue expanding collaboration and help to transfer technology, equipment, and the human resources management and training system to Vietnamese firms, while giving suitable material and technology prices to enhance capacity for Vietnam.

The Government leader said he would direct the ministries, sectors and localities concerned to continue working with the companies to discuss suitable cooperation opportunities, support them in finding location for their production facilities and material areas, and supply the appropriate human resources.

Earlier on the same day, PM Phuc had a working session with leading Australian and global financial investors, during which the Vietnamese delegates clarified the investors’ queries concerning preferential policies, the investment climate, and laws in Vietnam, as well as the areas in which Vietnam is encouraging investments.

Australian groups highly appreciated the potential of the Vietnamese market, hailing the country as a destination for them to research long-term investment and consider locating their production facilities in order to take advantage of opportunities and incentives here.

Many investors expressed their wish to invest in the fields of energy, wind and solar power, infrastructure, real estate, banking, garment and textile, organic agriculture, and high-tech agriculture in Vietnam, whilst considering the acquisition of shares of the country’s state-owned enterprises.

(Source: NDO)