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Economics

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Binh Duong pledges to open up many investment opportunities for Australian businesses

On May 27, within the visit to take part in seminars on investment promotion in Australia, Vo Van Minh, Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee; Nguyen Dang Thang, Consul General of Vietnam in Sydney; and Pham Ngoc Thuan, General Director of Becamex IDC Corporation, chaired an investment promotion workshop in Sydney.

Pham Ngoc Thuan, General Director of Becamex IDC Corporation, and Kiem Dinh, Chairman of the Australia-Vietnam Business Council, signed a memorandum of understanding on cooperation agreement between the two sides.

Speaking at the workshop, Vo Van Minh, said Binh Duong is prioritizing investment in projects of green transformation, such as sustainable energy, green economy, circular economy from developed countries, the world's leading potential partners with modern management levels. Currently, Binh Duong is accelerating the construction of the Science and Technology Industrial Park and the World Trade Center of Binh Duong New City; building transport infrastructure connecting areas of the region, logistics service system, training high-quality labor resources ... Binh Duong also promises to open up many new investment opportunities for Australian businesses in general and Sydney City in particular in the province and in sectors where Australia has strengths, such as auxiliary industry, high-tech agriculture, especially in sectors that apply science technology and innovation.

At the workshop, provincial leaders answered questions of businesses and investors of Sydney City about cooperation and investment opportunities in Binh Duong. On this occasion, Becamex IDC Corporation signed a memorandum of understanding on cooperation with Australia - Vietnam Business Council. This is an important step in the comprehensive cooperation between Becamex IDC and Australian businesses.

Reported by Ngoc Thanh – Translated by Ngoc Huynh

 

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