Representatives of 30 companies from Vietnam’s southern province of Binh Duong and the state of New South Wales, Australia, met in Sydney on Nov. 3 to seek partners and explore each other’s markets.
At the meeting, Director of the Binh Duong Department of Industry and Trade, Nguyen Thi Dien, delivered a presentation on the province’s potential and its rapid economic growth, especially in industry and services, with handicrafts and wooden furniture as its spearhead sectors.
Also at the meeting, the participating businesspeople shared experiences regarding import-export activities and seeking out supply sources for both raw materials and investment funds.
Talking with a Sydney-based Vietnam News Agency correspondent, Dien said Binh Duong welcomes Australian companies into their province, and also wants to seek partners in Australia to provide raw materials and help with the expansion of distribution networks in the country.
The Vietnamese Consul General in Sydney, Vu Hong Nam, said New South Wales is home to the largest number of companies in Australia. Both sides harbour numerous opportunities for trade cooperation, particularly in areas where Binh Duong has strengths, such as wooden furniture, handicrafts and interior products./.