At a recent conference, Australian businesses expressed great interest in the Vietnamese market, raising many questions related to the business investment environment and state incentive policies for foreign investment.

The conference titled "Cockburn Global: Indonesia, Singapore and Vietnam" recently took place in Cockburn city.

The conference was held under the chairmanship of Cockburn City Council in coordination with the Western Australian Chamber of Commerce and Industry and three representative agencies of Vietnam, Indonesia, and Singapore in Western Australia.

The Cockburn Global conference offers rare access to the expertise and insights of the ASEAN government and business leaders who can help take Cockburn’s economy into the future.

Cockburn Global is an annual seminar organized by Cockburn City Council with the aim of providing support and guidance to local business owners looking to start or continue their journey into the global market.

Building on the success of Cockburn’s Indonesia-focused Digital Exchange Forum in December and a subsequent trade delegation, the Cockburn Global Conference expands its scope to include the key export markets of Singapore and Vietnam.

Held at the AMC Jakovich Function Centre, the one-day event provided an opportunity for businesses in Cockburn’s thriving industrial hubs a chance to explore bilateral trade and investment prospects across a range of sectors, including, health and medical, education and vocational training, sustainability, digital innovation, financial services and the blue economy.

The conference took place with a general opening, then split into separate group discussion sessions for each country; participating in coordinating the discussion in each room were representatives of Cockburn, representatives of the Chamber of Commerce and Western Australian industry, and experts from Vietnam, Indonesia, and Singapore.

Mayor Logan Howlett speaks at the event.

At this conference, Vietnam had three speakers attending, including Bui Viet Khoi, Counselor for Science and Technology, Vietnamese Embassy in Australia; Vijay Kanapathy, Chief Representative of FPT Office in Western Australia and Ngo The Viet, Retail Market Manager, Vietnam Airlines Office in Sydney.

Speaking at the conference, Cockburn CEO Daniel Simms, said that the Cockburn Global Conference provides an opportunity for local businesses to have direct access to experts and Government officials of ASEAN countries, business leaders and equipped with valuable knowledge to support business and business.

Simms emphasized that the Association of Southeast Asian Nations (ASEAN), including Indonesia, Singapore, and Vietnam, is predicted to be the world's fourth-largest global economy by 2050. Meanwhile, the city of Cockburn has generated nearly USD 6 billion in domestic and international exports.

Along with the strength of natural resources, world-class industry, and readiness in infrastructure and innovation, he believes that linking the market with ASEAN countries, including Vietnam, Indonesia, and Singapore are great opportunity for Cockburn City to take advantage of to create new driving forces for the city's economic development in the coming time.

Cockburn Mayor Logan Howlett said the Cockburn Global conference was an important step in continuing to expand the city's relationships with the three largest economies in Southeast Asia, Vietnam, Indonesia, and Singapore, in line with the growing interest of the Federal and Western Australian governments in engaging with Asia

The Consul General of Vietnam, Consul General of Indonesia, and representative of the Singapore Embassy took photos with Congressman David Scaife, Mayor Logan Howlett, and Cockburn CEO Daniel Simms.

Vietnamese Consul General in Perth Nguyen Thanh Ha spoke emphasizing the good cooperative relationship between Vietnam and Australia over the past time, especially the potential and outstanding results in economic, trade, and investment cooperation. between two countries.

Accordingly, two-way trade will grow spectacularly, reaching a record of AUD 15.7 billion in 2022. Australia is Vietnam's 7th largest trading partner and Vietnam is Australia's 10th largest trading partner.

Consul General Nguyen Thanh Ha said that with Vietnam maintaining growth momentum, stabilizing the macroeconomy and constantly perfecting the legal basis to enhance the business investment environment, now is the ripe time for Australian businesses to want to expand business investment cooperation in Vietnam.

The Vietnam discussion session was held with the participation of more than 50 local businesses. Vietnamese speakers focused on information about Vietnam's investment environment, bilateral trade relations between Vietnam and Australia, the situation and prospects of science and technology cooperation between the two countries, and investment opportunities in the field of digital transformation.

Australian businesses expressed great interest in the Vietnamese market, raising many questions related to the business investment environment and state incentive policies for foreign investment, especially in the fields of investment and business, education and training services, medicine, health care, and renewable energy conversion.

Australian Frigate Visits Ho Chi Minh City Royal Australian Navy HMAS Toowoomba arrived in Ho Chi Minh City as part of Indo-Pacific Endeavour 2023.

Hanoi - Vietnam Pavilion Attracts Visitors at Sydney Home Show The Acting Director of Hanoi Department of Industry and Trade assessed that through the Sydney Home Show, businesses will find new cooperation opportunities to promote ...

Vietnamese and Australian Navy Joined Sport Activity The volleyball match between Royal Australian Navy Ship HMAS Toowoomba and the Vietnamese Navy Technical College took place in a friendly, cheerful, and exciting atmosphere.