Australian businesses study investment opportunities in Hậu Giang

A paddle field in Hậu Giang Province. - Photo VNA

HẬU GIANG – The Australian Chamber of Commerce in Việt Nam on Monday worked with Hậu Giang to study investment opportunities in the southern province.

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

Tuyên 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 Việt Nam, said the association wants to sign memoranda of understanding with Hậu Giang Province as a base to boost cooperation.

Hậu Giang Province has two industrial zones and four industrial clusters