At the reception and working session, Ms. Do Thi Quynh Tram, Deputy Director, introduced the environment, potential and investment and business opportunities in Da Nang city. She commented that Australia is a potential market to attract investment from Da Nang city, however, in recent times, the number of Australian FDI projects in Da Nang is still limited. Therefore, the two sides still have much room for cooperation in the coming time.
Mr. Dominic Balasuriya, Economic Counselor of the Australian Consulate General, shared: The Australian Government is considering promoting investment in Southeast Asia, including Vietnam. Therefore, the Australian Government will establish Investment Deal Teams to support Australian investors' overseas investment activities. The Australian Consulate General will promote connections between these groups and the City Investment Promotion and Support Board to help both sides achieve high efficiency in investor support.
Ms. Do Thi Quynh Tram proposed a number of areas that could be strengths of Australian investors to consider investing in Da Nang, including education and logistics. Currently, RMIT University and Swinburne University (Australia) are present in Da Nang city. Lien Chieu Port can also be a good investment opportunity for Australian investors. In addition, companies distributing goods and import-export activities can also look to Da Nang city because this is a potential market, stemming from the people's need to consume imported goods from Australia. traveler. She also suggested that TLSQ could promote the opening of direct flights from Da Nang to Australian localities such as Melbourne.
Mr. Dominic Balasuriya agreed with Ms. Do Thi Quynh Tram's opinion on the feasibility of calling for investment from Australia in the education and logistics sectors, because these are the strengths of Australian investors. In addition, projects on waste management and environmental technical infrastructure construction may also be of interest to Australian investors.
The two sides took souvenir photos
According to statistics, by the end of 2023, there will be 34 Australian FDI projects in Da Nang City with a total investment scale of about 16 million USD, focusing on the fields of education, hotels and restaurants and information technology. believe. There are many IT companies in Da Nang that have close commercial relationships with the Australian market. Australia is also considered one of the city's important trade partners. By 2023, export turnover will reach 23 million USD and import turnover will reach 4.4 million USD. The main export items are chemicals, fishing rods, toys, seafood, rubber products; Products imported from Australia are medicines and raw materials for production.
