The delegation aims to explore potential partnerships in education and training that focus on the transition to net - zero and advancing green economy priorities in Vietnam.
At a meeting on October 17 with Australian Assistant Minister for Trade and Assistant Minister for Manufacturing Tim Ayres, who is in Vietnam to co-chair the OECD - Southeast Asia Summit 2022, Prime Minister Pham Minh Chinh asked Australia to further promote cooperation between the two countries, further open up the market for Vietnamese agricultural and aquatic products, encourage Australian businesses to invest in Vietnam in the fields of renewable energy and high-tech agriculture, and develop strategic transport infrastructure.
Australia has among the world’s largest outward investment, ranking it 15th globally in 2020. But its investment in Vietnam remains quite modest, with 545 projects and total capital of $1.94 billion, accounting for only 0.5 per cent of foreign capital in the country.