Binh Phuoc’s Potential Introduced To Australian Partners

A seminar was held in Sydney on May 24 to introduce and popularise new investment opportunities in Binh Phuoc, a southern Vietnamese province of great potential, on the occasion of the 50th anniversary of Vietnam-Australia diplomatic ties.
May 26, 2023 | 12:04

Vice Chairwoman of the provincial People’s Committee Tran Tuyet Minh said with good infrastructure, human resources, policies, and public services, Binh Phuoc calls on Australian firms to invest in industrial park infrastructure, entertainment areas, industrial processing, logistics, information technology, high-tech and eco-friendly projects and those that generate high added value.

Micheal Sharpe, National Director of Industry of the Advanced Manufacturing Growth Center (AMGC), said it is time for Australia to consider Vietnam a major market to establish manufacturing facilities, which would bring advantages and excellent opportunities for both countries.

Vice Chairwoman of the provincial People’s Committee Tran Tuyet Minh speaks at the event (Photo: VNA)
Vice Chairwoman of the provincial People’s Committee Tran Tuyet Minh speaks at the event (Photo: VNA)

Speaking at the event, the Vietnamese Consul General in New South Wales, Queensland, and South Australia Nguyen Dang Thang said over 60% of the population in Binh Phuoc are of working age, higher than the average rate of the country at more than 50%.

Binh Phuoc is a strategically located province with convenient access to airports and seaports. It is situated in the southern economic hub of Vietnam, an area that contributes half to the country's gross domestic product (GDP).

Secretary of the Binh Phuoc Provincial Party Committee Nguyen Manh Cuong introduced local strengths, demands, and incentives to foreign investors while also committing to creating the most favorable conditions for them.

He hoped that via the event, both sides will open up cooperation opportunities, especially in fields of Binh Phuoc’s strength such as transportation and industrial park infrastructure, economic zones, industrial clusters, labor, business environment improvement, and administrative reform.

Australian firms put forward numerous initiatives to expand cooperation with Binh Phuoc across priority areas.

Countries Hail Vietnamese Government’s Leadership in SDGs Implementation Countries Hail Vietnamese Government’s Leadership in SDGs Implementation

UN Resident Coordinator in Vietnam Pauline Tamesis and representatives of countries have commended Vietnam’s performance in materialising sustainable development goals (SDGs) as well as its ...

First Vietnamese Expat to Win High Prize at Chelsea Flower Show 2023 First Vietnamese Expat to Win High Prize at Chelsea Flower Show 2023

Established in 1913, on the grounds of the Royal Hospital Chelsea in London, the Royal Horticulture Society (RHS) Chelsea Flower Show has become one of ...

Vietnamese Film Leaves Good Impression at 2023 Cannes Vietnamese Film Leaves Good Impression at 2023 Cannes

A Vietnamese film makes a good impression at Cannes International Film Festival, the world's largest and glitziest film festival

Charlotte Pho
Phiên bản di động