Northern Territory investment cooperation seminar follows upgrade in Vietnam-Australia relations
Following the recent upgrading of Vietnam-Australia ties to that of a Comprehensive Strategic Partnership, The Investor and the Vietnam-Northern Territory Business Council (NTVBC) will organize a seminar in Hanoi on Thursday.
The 2024 Seminar on Vietnam-Northern Territory Investment Cooperation will be held under the auspices of the Vietnam’s Association of Foreign-Invested Enterprises (VAFIE).
The 2024 Seminar on Vietnam - Northern Territory Investment Cooperation to be held in Hanoi, March 28, 2024. Photo by The Investor.
The seminar follows the upgrading of Vietnam-Australia relations to that of a Comprehensive Strategic Partnership during a visit to Austrialia earlier this month by Vietnamese Prime Minister Pham Minh Chinh.
During the visit, made at the invitation of Australian PM Anthony Albanese, the two leaders agreed to coordinate closely on six major orientations: building strategic diplomatic-political trust; achieving more inclusive, substantive, and effective economic, trade, and investment cooperation, tapping the potential of the two highly complementary economies; promoting stronger cooperation in science-technology, innovation, digital transformation, and green transition; stepping up cooperation in culture, education-training, environment and climate change response; enabling more open and sincere people-to-people exchanges and connections; and achieving better understanding on security-defense cooperation.
The upgrading of the Vietnam- Australia relationship to a Comprehensive Strategic Partnership is considered an important premise to make bilateral cooperation in all fields deeper, more effective and more substantial.
Observers have said that the Northern Territory, a state with the third largest area and the closest trade gateway of the Federation of Australia to the Asia-Pacific and ASEAN regions, has a lot of development potential and strengths, as well as similarities and good complementarity with Vietnam, which have not yet been properly evaluated and tapped by both sides.
On September 3, 2021, the VAFIE and the NTVBC signed a strategic cooperation agreement to jointly promote trade and investment cooperation between businesses of Vietnam and the Northern Territory.
- Related News
- Read More
Mastering AI key to Vietnam’s leap beyond middle-income trap: FPT chairman
Mastering and innovating technology is no longer optional but the sole path for Vietnam to escape the middle-income trap and rise alongside global powers, said tech giant FPT Corporation chairman Truong Gia Binh.
Economy - Sun, December 21, 2025 | 2:33 pm GMT+7
Vietnam among world’s top 15 countries by im-export value: ministry
Vietnam’s import-export turnover is expected to reach $920 billion for the first time in 2025, placing the country among the world’s top 15 by trade value, according to the Ministry of Industry and Trade (MoIT).
Economy - Sun, December 21, 2025 | 11:07 am GMT+7
Dung Quat oil refinery operator BSR targets 187% net profit growth in 2026
Binh Son Refining and Petrochemical JSC (HoSE: BSR), operator of Dung Quat - Vietnam’s first oil refinery, expects net profit to surge in 2026, supported by stable oil price assumptions and a major investment plan to expand and upgrade its core refining assets.
Companies - Sun, December 21, 2025 | 8:00 am GMT+7
Dragon Capital-managed VEIL plans trio of 10% tender offers
Vietnam Enterprise Investments Limited (VEIL), the largest foreign-managed equity fund in Vietnam, has announced a tender offer for up to 10% of its issued share capital, with the option to conduct up to two additional tenders over the next year.
Finance - Sat, December 20, 2025 | 11:19 pm GMT+7
Vingroup builds development hubs across multiple sectors
With the groundbreaking and inauguration of 11 large-scale projects on Friday, Vingroup (HoSE: VIC), Vietnam's biggest listed company by market cap, reinforces its role as a pioneering private enterprise in urban development, infrastructure, energy, and industry.
Investing - Sat, December 20, 2025 | 6:32 pm GMT+7
Kinh Bac breaks ground on $437 mln industrial park in northern Vietnam province Thai Nguyen
Kinh Bac City Development Holding Corp (HoSE: KBC) on Friday broke ground on the VND11.5 trillion ($437.06 million) Phu Binh Industrial Park project in Thai Nguyen province.
Industrial real estate - Sat, December 20, 2025 | 5:46 pm GMT+7
Construction giant Fecon starts work on Hanoi metro line, northern Vietnam rail link
Fecon, a leading Vietnamese construction group, on Friday broke ground on two major rail projects: a metro line in Hanoi and a strategic railway linking the capital city with northern localities.
Infrastructure - Sat, December 20, 2025 | 2:08 pm GMT+7
SJ Group to build smart urban area in western Hanoi to bolster Hoa Lac High-tech Park
Vietnam's leading developer SJ Group JSC is outlining plans for its over 1,200-hectare Tien Xuan Smart Urban Area project in Hanoi, which is expected to be a residential and service hub of the Hoa Lac science and technology city.
Real Estate - Sat, December 20, 2025 | 10:36 am GMT+7
Indonesia to deepen role in global semiconductor supply chain
Indonesia is rolling out efforts to identify opportunities and map its natural resources to support the semiconductor industry, as part of a broader strategy to build domestic industrial capacity.
Southeast Asia - Sat, December 20, 2025 | 9:36 am GMT+7
Indonesia to stop rice imports next year
Indonesia will not import rice for either consumption or industrial use next year, citing sufficient domestic production, according to a government official.
Southeast Asia - Sat, December 20, 2025 | 8:00 am GMT+7
Northern Vietnam port city Hai Phong charts sustainable growth path for free trade zone
The establishment of Hai Phong Free Trade Zone (FTZ) is a strategic direction that will elevate the role and position of Vietnam in general and Hai Phong in particular within the global value chain, heard a conference held in the northern port city last week.
Economy - Fri, December 19, 2025 | 8:12 pm GMT+7
Construction begins on $32.5 bln Red River Scenic Boulevard project in Hanoi
The gigantic project Red River Scenic Boulevard, with a preliminary investment of about VND855 trillion ($32.49 billion) in Phu Thuong ward, Hanoi, broke ground on Friday.
Real Estate - Fri, December 19, 2025 | 4:57 pm GMT+7
Major Vietnamese groups kick off mega projects in south-central Vietnam
Vingroup, BIN Corporation, Hoa Phat, and FPT simultaneously broke ground on large-scale projects in south-central Vietnam on Friday, raising expectations for new national growth momentum in the coming period.
Economy - Fri, December 19, 2025 | 4:36 pm GMT+7
Mega-airport Long Thanh in southern Vietnam welcomes first passenger flights
The first passenger flights touched down at Long Thanh International Airport in Dong Nai province on Friday morning, marking the inaugural civil aviation operation at Vietnam’s largest airport.
Economy - Fri, December 19, 2025 | 2:07 pm GMT+7
Vingroup starts work on $35.2 bln Olympic Sports Urban Area on Hanoi outskirts
Vingroup (HoSE: VIC), Vietnam's leading private conglomerate, on Friday broke ground on its 9,171-hectare Olympic Sports Urban Area project in Hanoi, which is expected to become a new growth engine for the southern part of the capital in the next decade.
Real Estate - Fri, December 19, 2025 | 1:59 pm GMT+7
Vietnam telecom giant VNPT establishes AI company
State-owned Vietnam Posts and Telecommunications Group (VNPT) on Thursday launched subsidiary VNPT AI, aiming to bring Vietnamese AI products to international markets.
Companies - Fri, December 19, 2025 | 11:50 am GMT+7
