Australian businesses study investment opportunities in Hau Giang

Tuesday, Jun 27, 2017 17:07

A paddle field in Hau Giang Province. — Photo VNA

The Australian Chamber of Commerce in Viet Nam on Monday worked with Hau Giang to study investment opportunities in the southern province.

Truong Canh Tuyen, deputy chairman of the provincial People’s Committee, said the province was attracting investments in high-tech agriculture and farm product processing.

Tuyen expressed hope that Australian firms would invest in these sectors.

Plantation makes up 70 per cent of the province’s agricultural production; 20 per cent is husbandry and 10 per cent is fishery.

In addition, the province also called for official development assistance for environment, climate change and healthcare services.

Further, the province will provide incentives in corporate income tax land use fees and import tax.

Phil Johns, director of Auscham Viet Nam, said the association wants to sign memoranda of understanding with Hau Giang Province as a base to boost cooperation.

Hau Giang Province has two industrial zones and four industrial clusters. — VNS

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