More and more Vietnamese enterprises have invested in housing and commercial property in Australia, said Vietnamese Consul General to Sydney Trinh Duc Hai at a workshop held by the Vietnamese Entrepreneurs Association (VEAS) in Sydney on November 3.
He cited Vietnam’s investment capital in real estate in Australia amounted to...
The northern province of Bac Giang will create favourable conditions for Australian firms who want to land investments in local agriculture.
Hosting a business delegation from Australia on August 13, Chairman of the provincial People’s Committee Nguyen Van Linh pledged to prioritise investment licensing and ensure legal procedures so that...
The Australian Consulate General in the southern metropolis of Ho Chi Minh City worked with the Department of Agriculture and Rural Development in the Mekong Delta city of Can Tho on June 12 to explore cooperation in hi-tech agriculture in the coming time.
Cao Thi Thanh from the Consulate General...
Due to rapid industrialization, energy consumption growth levels have been double that of Viet Nam’s already high GDP growth levels, growing on average with approximately 12 percent per year from 2006 to 2015. As a result, almost all Vietnamese receive electricity at home, and the last rural villages are...
Trade liberalization
Companies looking to invest in Vietnam can take advantage of many of the Free Trade Agreements (FTAs). With many agreements signed through its membership in the Association of South East Asian NationsCurrently, the average tax in the EU was 2.8 percent and those countries with most favored nation...
By continually issuing favorable policies and incentives aimed at attracting inflows, and deciding to decrease the country’s corporate income tax levels to 20 percent from January 1, 2016, it is clear that Viet Nam’s government is intent on taking a proactive approach to foreign direct investment. Enterprises and individuals...
The government of Victoria, Australia has released a strategy called “Globally Connected” to help local companies access Southeast Asian markets and boost trade and investment in the region.
“Globally Connected: Victoria’s Southeast Asia Trade and Investment Strategy” outlines plans to expand the state’s two-way economic relations with the region, identify...
While many industries of the Vietnamese economy are growing rapidly, perhaps the most exciting is electronics. Imports have nearly tripled from 2011 to 2016, while exports have increased by nearly 5 times — rising from US$12.8 billion to US$65.8 billion in 2015. In 2015 alone, electronics exports nearly doubled,...
Prime Minister Nguyen Xuan Phuc said he believes a new wave of investments, both direct and indirect, from Australia, will land in Vietnam for win-win benefits, following the freshly-established Strategic Partnership.
He noted that the partnership will provide a very favourable environment for Australian investors to come to Vietnam faster,...