Company discussion board to seek cooperation possibilities with Australia

VIETNAM, June 9 –  

A task of Australian Blackstones Minerals Co in Sơn La Province. — Photo

HÀ NỘI — A Việt Nam-Australia organization discussion board is to get put following week to help enterprises of the two nations around the world to seek cooperation options and technologies transfer in clean up energy, hello-tech agriculture, and digital transformation applications.

The “Việt Nam-Australia Business Cooperation Forum: Know-how Transfer and Small business Prospects among Innovation Ecosystems in Australia and Việt Nam” will be organised by the Australian Office of Overseas Affairs and Trade (DFAT) in collaboration with the Ministry of Science and Engineering (MOST), University of Know-how Sydney (UTS), Saigon Innovation Hub (SIHUB), and Hồ Chí Minh City College of Technology on June 16.

It is supported by the Australia-Việt Nam Enhanced Financial Engagement Grant (AVEG) below which the Federal government of Australia is fully commited to furnishing shut to US$2 million to assist modest enterprises in Việt Nam, commencing mid-2021.

The discussion board, held both equally in-particular person in HCM City and on virtual platforms, expects to see the presence of leaders of Việt Nam and Australia as very well as experts and business reps from equally sides.

Conversations will concentrate on the application of digital transformation in look for and rescue, local climate transform response, wellness care, advantage-sharing plan in vitality initiatives, preservation of agricultural and aquatic solutions making use of photo voltaic electricity, agricultural item traceability utilizing Blockchain, Internet of Things (IoT)-dependent clever farming methods, biomethane creation from agricultural residues, electricity efficiency, and other folks.

Past November, Việt Nam and Australia adopted the Increased Economic Engagement Technique, with the aim of turning into best-10 buying and selling companions and doubling two-way expense.

According to the DFAT, bilateral trade expanded 8.6 for each cent every year over the previous two decades. In 2020, Australia’s expense into Việt Nam achieved A$1.38 billion ($966 million), accounting for .51 for each cent of the latter’s overall FDI.

Australia provided ODA financial loans value A$78.9 million to Việt Nam from 2020-21.— VNS