The Government of Vietnam will create favorable conditions for Australian investors to step up investment and business activities in Vietnam, said Prime Minister Nguyen Tan Dung.
PM Dung made this commitment while receiving a delegation from leading Australian businesses, headed by Director of the Asia Society AustralAsia Centre Richard Woolcott, in Hanoi on April 15.
The government leader said Vietnam-Australia cooperative relations are developing fruitfully in various fields, particularly in economy, trade, investment, education and training, adding that Australia is now one of Vietnam’s leading trade partners and investors.
However, he said, the two countries possess great potentials for further cooperation, especially in infrastructure development, finance and banking, therefore Australian companies will have a lot of opportunities to invest in Vietnam and increase two-way trade.
The large community of overseas Vietnamese living in Australia will work as an effective bridge to lift economic, trade and investment ties between the two nations, the PM stressed.
Woolcott said members in his delegation are from leading enterprises operating in the fields of finance, banking, real estate and education, and they all wish to invest and expand operations in Vietnam.
He stressed the Australian investors believed that, with its right policies, Vietnam will soon overcome adverse impacts resulting from the ongoing global economic slowdown and strongly develop in the years to come.
