Australian state invites Vietnamese investors
Australia Vietnam Business Council (AVBC) and Canberra University recently held a workshop in Sydney where they called on Vietnamese businesses to invest in Australia’s New South Wales. - VNA Photo
SYDNEY — Australia Vietnam Business Council (AVBC) and Canberra University recently held a workshop in Sydney where they called on Vietnamese businesses to invest in Australia’s New South Wales.Addressing the event on Friday, Suzanne Gilham, a senior official from the NSW Department of Industry, introduced the Australian business visa progra妹妹e for 二0 一 七, which offers many incentives for entrepreneurs and investors from China, Malaysia and Việt Nam. She said the state government regards Việt Nam as a potential and promising market to develop this new model in Australia.Local authorities are coordinating with Vietnamese agencies and organisations to promote this progra妹妹e in Hà Nội and HCM City in June this year, she added.Laurence Strano, president and founder of AVBC, said the progra妹妹e aims to encourage Vietnamese enterprises to do business in New South Wales.He cited the increasing two-way trade, which surged from US$ 四 五 million in 一 九 九0 to $ 一0 billion at present.Bilateral trade is expected to double in the near future, he said, adding that he hopes more Vietnamese businesses will invest in Australia and vice versa. — VNS