Business

Australian state invites Vietnamese investors

The Australia Vietnam Business Council (AVBC) and Canberra University recently held a workshop in Sydney to call on Vietnamese businesses to make investment in Australia’s New South Wales.
Australian state invites Vietnamese investors ảnh 1At the workshop (Photo: VNA)
Sydney (VNA) – The AustraliaVietnam Business Council (AVBC) and Canberra University recently held aworkshop in Sydney to call on Vietnamese businesses to make investment in Australia’sNew South Wales.

Addressing the event on February 16, SuzanneGilham, a senior official from the NSW Department of Industry, introduced theAustralian business visa programme in 2017, which offers many incentives forentrepreneurs and investors from China, Malaysia and Vietnam.

She said the state’s government regards Vietnamas a potential and promising market to develop this new model in Australia.

Local authorities are coordinating withVietnamese agencies and organisations to promote this programme in Hanoi and HoChi Minh City in June this year, she added.

President and founder of the AVBC LaurenceStrano said the programme aims to encourage Vietnamese enterprises to dobusiness in New South Wales.

He cited two-way trade surged from 45 millionUSD in 1990 to 10 billion USD at present.

Bilateral trade is expected to double in thecoming time, he said, adding that he hopes more Vietnamese businesses will makeinvestment in Australia and vice versa.-VNA
VNA
#Australia Vietnam Business Council #business visa programme Australia
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