Wednesday, 22 Nov 2017

Vietnam calls for investment from Australian businesses

Updated at Tuesday, 12 Sep 2017, 11:17
The Hanoitimes - A delegation of Dak Lak Province of Vietnam, led by Vice Secretary of the provincial Party Committee Y Bier Nie, held a workshop in Sydney, Australia to call for Australian investment in the province.
The event, organized with the coordination of the Australia – Vietnam Business Council (AVBC), saw the participation of AVBC members and dozens of local businesses. Dak Lak representatives took the occasion to introduce the province’s natural conditions, socio-economic situation, potential and disadvantages.

Announcing a list of priority projects in need of investment, Dak Lak officials highlighted hi-tech agriculture, agricultural product processing, garment-textile, wind power, solar power, services and tourism. The province also announced incentives for investors in terms of land, taxes, favourable administrative procedures, among others.

Australian firms inquired for information of the province’s key projects, focusing on the export of coffee beans and pepper, education, technology transfer, tourism and real estate. A number of Australian firms registered to visit Dak Lak and work with its enterprises to explore investment projects and environment.

Previously, the delegation and VBAA also hosted a similar workshop in Melbourne. 
Australia is the second foreign market Dak Lak chose to promote investment, following the Republic of Korea.
Tuan Minh
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