National Assembly Chairman Vuong Dinh Hue has proposed that Australia create the necessary conditions for Vietnamese businesses to increase their investment in the country in the fields of agriculture, mineral exploitation, and aviation.

He made the suggestion at a meeting between with President of the Australian Senate Sue Lines and Speaker of the Australian House of Representatives Milton Dick in Canberra on November 30.

They stressed that the Vietnam-Australia Strategic Partnership has developed firmly, practically, and effectively in all fields, particularly in trade, commerce, and investment.

Two-way trade turnover has exceeded $10 billion for the first time, reaching $12.4 billion in 2021 and $13.4 billion in the first ten months of 2022.

They agreed to expand cooperation in new fields such as climate change adaptation, green growth, energy transition, digital transformation, and digital economy.

Speaker Dick agreed to encourage Australian corporations and businesses to enhance their investment into Vietnam in fields such as renewable energy, infrastructure, telecommunications, banking and finance, manufacturing, education, tourism, high-end agriculture, and climate change adaptation.