Vietnam is also a highly potential partner for skilled labour, especially as Austria continues to expand its labour markets beyond Southeast Europe, the Philippines, Indonesia, and Brazil, said Rene Tritscher, head of the Austrian Business Agency (ABA).
It is necessary to further step up trade promotion activities and disseminate information to the business community about the benefits of the EU-Vietnam Free Trade Agreement (EVFTA) to take advantage of strengths of both Vietnam and Austria to further boost bilateral trade ties.
Economic partnerships are one of the highlights in Vietnam - Austria relations, and both have shown their determination to strongly advance these ties.
A Vietnam-Austria business forum took place in Hanoi on October 17, attracting the participation of the sides’ ministries, public agencies, business associations, and enterprises.
A delegation of enterprises from Styria, the second biggest in term of area and the fourth populous state of Austria, arrived in Vietnam last weekend to learn more about business opportunities in the Southeast Asian country.
Ho Chi Minh City commits to creating optimal conditions for foreign businesses, including those from Austria, to operate in the southern economic hub, the city's mayor has said.
Vietnam wishes to promote cooperation with Austria in the field of energy, especially renewable energy and sustainable development, Minister of Industry and Trade Nguyen Hong Dien told State Secretary in the Federal Ministry for Climate Action, Environment, Energy, Mobility, Innovation and Technology Magnus Brunner on September 7.
National Assembly Chairman Vuong Dinh Hue received leaders of IMC University of Applied Sciences Krems (IMC Krems), Weforyou Group, and Christof Systems under Christof Industries Group as well as representatives of the Vietnamese community in Vienna on September 6 as part of his trip to Austria to attend the fifth World Conference of Speakers of Parliament (WCSP5).
The portal of the Austrian Federal Economic Chamber has run an article hailing Vietnam’s consistent, drastic and effective measures against the COVID-19 pandemic, adding that the Vietnamese market remains attractive to Austrian firms.
Vietnam and Austria discussed measures to promote economic-trade collaboration during a recent working session between Vietnamese Ambassador to Austria Le Dung and Austrian Deputy Minister for Digital and Economic Affairs Michael Esterl.
The Trade Office of the Austrian Embassy made its debut in Ho Chi Minh on May 16, expected to help connect business communities of Vietnam and Austria in the future.
Prime Minister Nguyen Xuan Phuc welcomed the opening of an office of the Austrian Federal Economic Chamber (WKO) in Vietnam and urged Austrian firms to invest in the country.
Prime Minister Nguyen Xuan Phuc called on Austrian businesses to invest in a wide range of areas in Vietnam while addressing the Vietnam-Austria Business Forum in Vienna on October 15.
Chairman of the Ho Chi Minh City People’s Committee Nguyen Thanh Phong and Austrian Ambassador to Vietnam Thomas Loidl have highlighted the development of bilateral cooperation.
Vietnamese and Austrian enterprises attended a business-to-business platform in Austria on Aug. 23 to seek partners in the fields of clean energy, banking, telecommunications and garments, and food.
