Forum promotes Vietnam - Australia cooperation in construction

A forum has been held in Sydney to promote connecting and building partnerships between Vietnamese businesses and Australia's property developers and construction companies.

Participants at the forum (Photo: VNA)
Participants at the forum (Photo: VNA)

Sydney (VNA) – A forum has been held in Sydney to promote connecting and building partnerships between Vietnamese businesses and Australia's property developers and construction companies.

The event attracted more than 120 participants, including representatives from the Vietnamese Embassy in Australia, Vietnam’s Trade Office in Australia, New South Wales’s business association, the Australia-Vietnam Business Council, Ho Chi Minh City's Saigon Construction & Building Material Associations and the Binh Duong Construction Association, and Vietnamese and Australian enterprises in building material production and property development.

The forum, held by Pistis Group with the support from the Vietnamese Embassy and the Vietnamese Trade Office in Australia, is one of the first trade promotion activities between the two countries after Australian Prime Minister Anthony Albanese and Vietnamese Prime Minister Pham Minh Chinh announced the upgrade of bilateral relations to a comprehensive strategic partnership during Chinh's official visit to Australia on March 7.

At the event, representatives of Vietnamese construction materials manufacturers introduced their advanced products and technology, affirming their quality and competitiveness in the international market.

Meanwhile, Grame Barty, International Trade consultant of Business NSW - an Australian not-for-profit membership organisation that advocates on behalf of Australian businesses, said that Australia's housing demand is 1.2 million houses, including 320,000 houses for New South Wales alone. That offers a "golden opportunity" for Vietnamese construction materials exporters.

On this occasion, the Viettel Construction Joint Stock Corporation and HBC Build Australia signed an agreement on the procurement of construction materials for Ramada Sky Hotel and a housing project for people over 50 years old in Warwick town in the state of Queensland./.

VNA

See more

At the meeting between Minister of Agriculture and Rural Development Le Minh Hoan and visiting FAO Director-General Qu Dongyu. (Photo: VNA)

Vietnam, FAO join hands to boost South-South cooperation on agriculture

United Nations Food and Agriculture Organisation (FAO) Director-General Qu Dongyu's working trip to Vietnam from February 5-8 aims to promote bilateral cooperation in the fields of agriculture, food security, environmental protection, and rural development amid complicated and unpredictable global developments.

Deputy Prime Minister Ho Duc Phoc speaks at meeting of the Steering Committee for Price Management (Photo: VNA)

Deputy PM stresses importance of efficient price management in 2025

Deputy PM Ho Duc Phoc said with the GDP growth target for 2025 of at least 8%, the amount of money injected into the economy will be significantly higher than in 2024, and growth drivers will be stimulated, thereby impacting price indexes, especially consumer prices.

At the business registration office under the municipal Department of Planning and Investment (Photo: VNA)

Number of firms resuming operations in Hanoi surges 44%

New business registrations in Hanoi saw a 24.3% decline, with 2,045 new enterprises receiving certificates. The total registered capital for the new establishments dropped by 53.4% to 13.8 trillion VND (546.1 million USD).

A corner of VSIP Bac Ninh (Photo: VNA)

Bac Ninh wins growing investor confidence

With its potential and local authorities’ flexible and business-friendly policies, Bac Ninh is establishing itself as a magnet for both domestic and foreign investors.

Investors watch the market's movements at a trading office of a securities firm. (Photo: VNA)

Stock market gears up for a new era

The mission of the securities sector is to continuously develop infrastructure, improve service quality, attract international investors and mobilise medium- and long-term capital.

The Cai Mep - Thi Vai deep-water port complex in Ba Ria - Vung Tau province plays a pivotal role in attracting FDI capital to the southeastern region. (Photo: VNA)

Vietnam’s FDI inflow soars by 48.6% in January

The manufacturing and processing industry dominated foreign investment, attracting over 3.09 billion USD, equivalent to nearly 71.3% of total investment and showing a remarkable 99.1% increase year-on-year.

Vietnam's CPI in January 2025 expands by 3.63% year-on-year, while core inflation rose 3.07%. (Photo: VNA)

January CPI up 0.98%

Such factors as adjusted healthcare fees, and higher transportation costs and food prices led to a 0.98% rise in the Consumer Price Index (CPI) in January.

The cargo port in Qingdao, Shandong province, China, on January 13, 2025 (Photo: VNA)

Vietnam - China economic, trade cooperation flourishes

China - Vietnam's economic ties have flourished, with bilateral trade and investment growing rapidly. In 2024, trade reached 260.65 billion USD, up 13.5% from the previous year, while Vietnam is also an important destination for Chinese investors.