Australian mining companies to explore opportunities in Vietnam

Ten Australian mining equipment and technology services companies are visiting Vietnam on a three day programme from May 10-12 to explore business opportunities in the country.
Ten Australian mining equipment and technology services companies are visiting Vietnam on a three day programme from May 10-12 to explore business opportunities in the country.

Following the success of the inaugural Australian mining mission to Vietnam in 2009, this group forms the second mining mission to Vietnam , which includes major mining contractors, project finance, as well as leading equipment, technology and mining services providers from Australia .

The Australian mission will include a half-day technical seminar in Hanoi on May 11. The group will also conduct various mine site visits and meet with local Vietnamese companies involved in the mining sector.

According to Australian Ambassador to Vietnam Allaster Cox, initiatives as the Australian mining mission help to strengthen the bilateral relationship between Australia and Vietnam .

''For Vietnam, a country rich in natural resources and with mining key to its future economic growth, the visit by these leading Australian mining companies provides the national industry with a unique opportunity to tap into Australian knowledge and expertise'', the Ambassador said in a press release on May 6.

Australia is a world leader in mining. According to the Australian Trade Commission (Austrade), the country has some 2,500 companies involved in the mining sector, employing 320,000 workers. Approximately 60 percent of the world’s mines use software that was developed in Australia./.

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