Business

PM meets with Vietnamese Business Association in Australia

Prime Minister Pham Minh Chinh had a working session with leaders and members of the Vietnamese Business Association in Australia (VBAA) in Canberra on March 9 morning as part of his official visit to Australia.
PM meets with Vietnamese Business Association in Australia ảnh 1PM Pham Minh Chinh (R) meets representatives of the Vietnamese Business Association in Australia (VBAA) in Canberra on March 9. (Photo: VNA)
Canberra (VNA) – Prime Minister Pham Minh Chinh had a working session with leaders and members of the Vietnamese Business Association in Australia (VBAA) in Canberra on March 9 morning as part of his official visit to Australia.

The VBAA, established in 2010, currently groups about 500 members, including some 100 in Vietnam.

VBAA Chairman Tran Ba Phuc and other members expressed their delight that the homeland’s stature has been increasingly promoted and the two countries have elevated their ties to the highest level – comprehensive strategic partnership, which is a favourable condition for Vietnamese firms to do business in Australia and foster bilateral trade and investment.

Perceiving that opportunities are substantial after the upgrade of the bilateral relations, they put forth some proposals related to the facilitation of green transition, renewable energy, startups, innovation, foreign investment attraction, the utilisation of wisdom of Vietnamese students in Australia, the attraction of Australian tourists, labour cooperation, and exports to Australia.

Appreciating the opinions, PM Chinh highly valued the VBAA’s recent business achievements, which, he said, have contributed to economic development in both countries and helped connect Vietnamese firms in Australia.

He noted that during his visit, Australian leaders spoke highly of the Vietnamese community here, and that he proposed the Australian side consider recognising the 350,000 Vietnamese people in the country as an ethnic minority group.

The PM highlighted the flourishing economic, trade, and investment ties, asking the VBAA and the Vietnamese businesses and entrepreneurs in Australia to bring into play their achievements and maximise the freshly established comprehensive strategic partnership to further develop bilateral economic links.

PM meets with Vietnamese Business Association in Australia ảnh 2The working session forms part of PM Pham Minh Chinh's official visit to Australia. (Photo: VNA)
He called on the VBAA to continue playing its core role in connecting and supporting Vietnamese businesses and entrepreneurs while helping boost bilateral trade and investment partnerships. It should also connect with Vietnamese business associations in the homeland and other countries, especially the US, Japan, and European nations.

The Government leader requested the VBAA, businesses, and entrepreneurs increase assistance for the Vietnamese community, especially vulnerably persons and those newly arriving in Australia, actively help persuade the Australian side to recognise the Vietnamese community as an ethnic minority group, promote the maintenance and learning of the Vietnamese language, uphold and popularise the Vietnamese culture, and step up cultural exchanges and tourism between the two countries.

He also asked the VBAA and Vietnamese businesses in Australia to keep promoting Australia’s cooperation and investment in the priority fields of the Southeast Asian nation like green economy, digital economy, exploitation and deep processing of essential minerals, labour, and education - training.

He affirmed that businesses’ rights and legitimate interests are always protected on the basis of law and under the motto of “harmonising interests, sharing risks”.

PM Chinh expressed his belief that the VBAA and Vietnamese businesses and entrepreneurs in Australia as well as around the world will develop strongly, practically help with the development of the Vietnamese community, and secure a growing stature, thereby contributing to the development of the host country, the bilateral relations, and the homeland./.
VNA
#Vietnamese Business Association in Australia #Australia #Pham Minh Chinh #comprehensive strategic partnership #Vietnamese community in Australia #Vietnamese businesses in Australia #updated Vietnam news #Vietnamplus #Vietnam News Agency Australia Vietnam
Follow VietnamPlus

Related News

See more

A refilling station of Petrolimex (Photo: VNA)

Import tariffs on certain fuel products reduced to 0%

Rising tensions in the Middle East, particularly the conflict involving the US, Israel and Iran, have significantly affected the global energy market, especially shipping activity through the Strait of Hormuz – a strategic route for transporting crude oil from the region.

Fishermen raise the national flag before heading out to the sea to affirm Vietnam’s sovereignty over its seas and islands. (Photo: VNA)

Dong Thap promotes IUU awareness from start of fishing season

Gia Thuan commune, located in the eastern part of the province, is a key fishing locality with 563 fishing vessels, including 423 offshore boats and 140 nearshore vessels, producing an average annual catch of over 42,970 tonnes of seafood.

Industrial production surges in the first two months of 2026. (Photo: VNA)

Industrial production posts strong growth in first two months

According to the National Statistics Office (NSO) under the Ministry of Finance, the index of industrial production (IIP) in February was estimated to decrease 18.4% from the previous month but increase 1% year on year. Overall, in the January–February period, the IIP rose 10.4% compared with the same period last year.

A delegation from the Nghe An provincial People’s Committee inspects production and business activities at the VSIP Nghe An Industrial, Urban and Service Park. (Photo:nhandan.vn)

Nghe An steps up reforms to attract FDI

In 2025, the provincial People’s Committee licensed 25 new FDI projects and approved capital adjustments for 20 others, bringing the total newly registered and additional investment to more than 1 billion USD. Many large-scale projects in the Southeast Nghe An Economic Zone have already become operational, contributing to export growth, state budget revenues and job creation.

Nearly 35,500 enterprises are newly registered nationwide, with total registered capital reaching nearly 313.7 trillion VND and more than 167,500 registered workers. (Photo: VNA)

Nearly 35,500 new businesses set up in first two months

The enterprises registered combined capital of about 313.7 trillion VND and more than 167,500 employees. Compared with the same period last year, the number of new businesses surged by 70.7%, while registered capital rose by 36.1% and registered labour increased by 19.1%.

The yarn factory of Unitex Textile and Dyeing Company Limited applies new technology to optimise operations using an automated model. (Photo: VNA)

Resolution 68: International lessons for private sector development

A common feature in many successful economies is a fundamental shift in the perception of private enterprises. In countries such as Singapore, Germany, Republic of Korea (RoK) and China, private firms are viewed not mainly as entities requiring strict control but as development partners and key forces generating growth, jobs and innovation.

The production line of Regza Electronics Vietnam Co., Ltd. located in Dong Nai province. (Photo: VNA)

Vietnam’s overseas investment rises 2.3-fold in first two months

During the period, 36 new overseas projects were granted investment certificates with total registered capital from Vietnamese investors reaching 532.4 million USD, up 2.3 times compared to the same period last year. In addition, three projects adjusted their capital with an additional 7.8 million USD, 1.5 times higher than a year earlier.