Australia-VN investment to continue growingVietNamNet Bridge – Dr. Mark Roberts in Melbourne, Australia and retired Vietnamese Nguyen Ba Khuyen write some thoughts on the occasion of the 45th anniversary of bilateral ties (26/2/1973 – 26/2/2018). High-level visits are now more regular, serving to emphasise the growing maturity in the relationship between Australia and Vietnam. Starting with an A$5 million investment, over a decade it became Telstra’s “largest single offshore investment”, with a “committed investment of approximately A$200 million”, evolving into a Business Cooperation Contract, which later became the standard for the telecommunications industry in Vietnam. Australian investment in Vietnam was A$355 million in 1990/91 and A$1.5 billion in December 2015. There is every reason to believe that trade and investment will continue to grow.


Source:   VietNamNet News
February 26, 2018 09:22 UTC