Forum promotes Việt Nam - Australia cooperation in construction

May 21st at 13:31
21-05-2024 13:31:02+07:00

Forum promotes Việt Nam - 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. — VNA/VNS Photo

The event attracted more than 120 participants, including representatives from the Vietnamese Embassy in Australia, Việt Nam’s Trade Office in Australia, New South Wales’s business association, the Australia-Vietnam Business Council, Hồ Chí Minh City's Saigon Construction & Building Material Associations and the Bình Dương 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 Phạm Minh Chính announced the upgrade of bilateral relations to a comprehensive strategic partnership during Chính'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. 

Bizhub





RELATED STOCK CODE (1)

NEWS SAME CATEGORY

Groundwork laid for the dual transition

Vietnam’s strategic focus on attracting high-quality foreign investment is being demonstrated through its emphasis on green and digital transformation projects...

Ninh Bình looks to promote trade cooperation with France's Paris Ile-de-France region

Ninh Bình commits to providing the most favourable conditions for all foreign investors and businesses, including French ones, to explore investment opportunities...

E-commerce frauds require utmost in attention from regulators

Great efforts have been made to combat counterfeit goods and trade fraud products on e-commerce channels as online shopping has become increasingly popular for many...

Opportunities for Vietnam amid Chinese investment wave

China was the sixth-largest investor among 146 countries and territories investing in Vietnam in the first quarter, with registered capital of over $27.6 billion...

Digitalization boosts Vietnam’s trade

Receiving and clearing green lane declarations takes only 1 to 3 seconds.

VEPR forecasts Vietnamese economy growth at below 6 per cent

The Việt Nam Institute for Economics and Policy Research (VEPR) has forecast the Vietnamese economy will expand at 5.6-6 per cent in 2024 on global persistent...

Belgium workshop spotlights business opportunities in Việt Nam

Business opportunities in Việt Nam were introduced to Belgian enterprises by the Vietnamese trade office in the European country and the Belgium-Vietnam Alliance...

Việt Nam promotes digital innovation

Việt Nam is undergoing significant change as it shifts from a traditional telecommunications infrastructure to a robust digital infrastructure.

Việt Nam-Denmark cooperate for a sustainable agriculture

The Danish Minister for Food, Agriculture and Fisheries, Jacob Jensen, is leading a high-level delegation to visit Việt Nam on 14-16 May 2024.

Mekong Capital to invest $5 mil in Cambodia biochar, biofertiliser company

Mekong Enterprise Fund IV (MEF IV), a fund managed by private equity company Mekong Capital, will invest US$5 million in HUSK, a biochar and biofertiliser company...


MOST READ


Back To Top