Vietnam, Australia cooperate to develop offshore wind power projects
Deputy Prime Minister Tran Hong Ha received Australian Ambassador to Vietnam Andrew Goledzinowski and leaders of Corio Generation of Australia’s Macquarie Group in Hanoi on March 28.
Deputy Prime Minister Tran Hong Ha (right) hosts a reception for Australian Ambassador to Vietnam Andrew Goledzinowski on March 28 (Photo: VNA)
Hanoi (VNA)꧑ –Deputy Prime Minister Tran Hong Ha received Australian Ambassador to VietnamAndrew Goledzinowski and leaders of Corio Generation of Australia’s Macquarie Group in Hanoi on March 28.
The DeputyPM hailed the proactiveness of Corio Generation and Power Generation Joint Stock Corporation 3 (EVNGENCO 3) in the implementation of an offshorewindfarm project in Vietnam. Describing it as a key project which contributes to expandingthe comprehensive strategic partnership between Vietnam and Australia, andhelps Vietnam realise the Just Energy Transition Partnership (JETP), the DeputyPM suggested Corio Generation focus on technology support and transfer and diversifypartners in the country during the process of investment in Vietnam. For hispart, Goledzinowski said a pillar of cooperation in bilateral relations is green energytransition - an area that has been strengthened between Australia and Vietnamin recent times. SomeAustralian businesses are very interested in building offshore wind farms becauseVietnam has great potential to develop this type of power, he continued. Meanwhile,leaders of Corio Generation company suggested that conducive mechanisms andpolicies should be issued to create favourable conditions for investors in the field of renewableenergy. Corio has joined in the research and development of some renewable energy projects in Vietnam since 2019. As a member of the Glasgow Financial Alliance for Net Zero (GFANZ), the company is coordinating with other partners to mobilise resources for energy transition projects in Vietnam./.
The upgrade of Vietnam-Australia relations to a Comprehensive strategic partnership is a natural development step and in line with the level of relationship between the two countries after more than 50 years of establishment and development, for the common interests and aspirations of the people of the two nations and for peace, stability, cooperation, and prosperity in the region and the world, spokeswoman of the Ministry of Foreign Affairs Pham Thu Hang said on March 14.
The Vietnam Fisheries Society (VINAFIS) and Australia’s Beanstalk Agtech company on March 21 signed a two-year memorandum of understanding on strengthening cooperation in smart agriculture in response to climate change.
The Ho Chi Minh National Academy of Politics (HCMA) and the Australian Embassy in Vietnam jointly held a roundtable themed “Vietnam: 40 years of Doi Moi and 2045 vision” in Hanoi on March 21 to serve the building of a report summarising the implementation of the “Doi Moi” (Renewal) scheme in Vietnam so far.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Deputy Prime Minister Tran Hong Ha (right) hosts a reception for Australian Ambassador to Vietnam Andrew Goledzinowski on March 28 (Photo: VNA) 
