More Australian aid to be granted

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VietnamNet English - 30 month(s) ago 5 readings

More Australian aid to be granted

VietNamNet Bridge – Viet Nam expected to receive further aid from Australia in agriculture, environmental protection and education and training, Deputy Prime Minister Nguyen Xuan Phuc told visiting Australian Minister for Trade Craig Emerson in Ha Noi yesterday, Dec 13.

VietNamNet Bridge – Viet Nam expected to receive further aid from Australia in agriculture, environmental protection and education and training, Deputy Prime Minister Nguyen Xuan Phuc told visiting Australian Minister for Trade Craig Emerson in Ha Noi yesterday, Dec 13.

Deputy PM Phuc receives Australian Minister of Foreign Affairs and Trade Craig Emerson. (Source: VNA)

Phuc expressed his delight to see the thriving relationship between the two nations, particularly under the Comprehensive Partnership, signed in 2009, and the Viet Nam-Australia action plan, signed during Australian Prime Minister Julia Gillard’s visit to the country last October.

He spoke highly of Australian’s investment in Viet Nam’s light industry, processing industry, finance, banking, education and services.

He also acknowledged the Australian Government for maintaining its Official Development Assistance to Viet Nam and granting scholarships for Vietnamese students. Nearly 400 long-term and short-term scholarships are provided annually to Viet Nam by the Australian Government.

In terms of further aid in education and training, Phuc stressed the need to fund vocational training to help the country develop high-quality human resources.

Emerson said Australia had defined Viet Nam as one of a core group of countries in the region to promote multi-faceted friendship relations.

Australia was willing to support Viet Nam and share experience in infrastructure development with the private sector.

Also yesterday, the 10th meeting of the Australia – Viet Nam Joint Trade and Economic Co-operation Committee was held in Ha Noi.

It was co-chaired by Emerson and Vietnamese Minister of Planning and Investment Bui Quang Vinh.

The meeting targeted furthering co-operation between the two countries in the fields of education and training, infrastructure development, the environment, natural resources and clean energy development.

The Australia-Viet Nam two-way trade turnover was reported to be US$3.13 billion in the first nine months of 2011, nearly 22 per cent higher than that of the same period last year.

Australia ranks 20th out of more than 90 countries and territories investing in Viet Nam with a total registered investment capital of $1.29 billion.

The committee was established in 1990 and meets annually to review the progress of bilateral relations as well as working out measures to strengthen co-operation.

The previous meeting was held in Melbourne, Australia, last June.

VietNamNet/Viet Nam News

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