Standing Vice Chairman of the Ho Chi Minh City People’s Committee Nguyen Loc Ha and Northern Territory of Australia Minister for Trade, Business and Asian Relations Robyn Cahill exchange views at the meeting. (Photo: Minh Dung)

At the meeting, Northern Territory of Australia Minister for Trade, Business and Asian Relations Robyn Cahill affirmed that Ho Chi Minh City is an important partner of Australia, with significant potential for cooperation in education, skills development, trade and two-way investment.

Introducing the Northern Territory of Australia, Minister Robyn Cahill said the region has a vast land area and substantial advantages in natural resources and energy. The Northern Territory of Australia has strengths in offshore natural gas, minerals, solar energy, maritime industries, shipbuilding, food processing and education.

In addition, the direct air route between the Northern Territory of Australia and Ho Chi Minh City provides favorable conditions for strengthening people-to-people exchanges, connecting businesses and promoting cooperation between the two localities.

The Northern Territory of Australia Government wishes to continue exploring cooperation opportunities with Ho Chi Minh City, particularly in education and investment, while facilitating business connections to jointly tap into the potential and strengths of both sides.

Standing Vice Chairman of the Ho Chi Minh City People’s Committee Nguyen Loc Ha briefed Minister Robyn Cahill and her delegation on the city’s socio-economic development.

Ho Chi Minh City is currently focusing on infrastructure development and strengthening regional connectivity, while promoting its role as an international financial center to mobilize additional resources for investment and development.

The city is also placing emphasis on education and training, with the goal of developing Ho Chi Minh City into a leading economic, financial, cultural, educational and science-and-technology center in Southeast Asia by 2030, while gradually enhancing its position in the wider Asian region.

Speaking highly of the Northern Territory of Australia’s strengths, Standing Vice Chairman Nguyen Loc Ha said areas such as offshore natural gas, minerals, clean energy, maritime industries, education and tourism have considerable potential to complement Ho Chi Minh City’s development priorities.

In particular, the direct air route between Ho Chi Minh City and the Northern Territory of Australia provides favorable conditions for strengthening people-to-people exchanges and promoting tourism, education, trade and investment, thereby creating a foundation for expanding connections between businesses and organizations in the two localities.

Ho Chi Minh City leaders also expressed their hope that the visit would provide fresh momentum for both sides to identify suitable areas of cooperation, promote substantive connections and make better use of their respective potential and strengths.

Building on their friendly relations and existing cooperation achievements, Ho Chi Minh City hopes to further expand cooperation in areas of mutual strength, contributing to stronger ties between the two localities as well as the broader partnership between Vietnam and Australia.

Deputy PM receives Chief Minister of Australia’s Northern Territory Deputy Prime Minister and Minister of Foreign Affairs Pham Binh Minh on November 7 hosted a reception for Chief Minister of the Northern Territory of Australia Michael Gunner who is on a visit to Vietnam from November 6-9.

Seminar Promotes Vietnam-Australia's Northern Territory Investment Cooperation Several complementarities between Vietnam and Australia’s Northern Territory present significant investment and cooperation potential in multiple sectors.