PM Pham Minh Chinh receives CEO Paul Serra of the SunRice Group, March 8, 2024. (Photo: VGP/Nhat Bac)

The Australian firms included Corio Generation, a portfolio company of Macquarie Asset Management; and SunRice Group, the largest rice production and distribution conglomerate in Australia.

At the meetings in Canberra, part of his official visit to Australia, PM Chinh highly valued the firms’ fruitful investment and business activities while welcoming their investment intentions and current operations in Vietnam.

He asked the enterprises to coordinate closely with Vietnamese ministries, sectors, businesses, and partners to implement their projects, apply modern technology, and increase support and technology transfer to help Vietnamese businesses further engage in global supply chains.

PM Chinh pledged the best possible conditions for the enterprises to operate effectively and sustainably, stating that Vietnam always protects the rights and legitimate interests of investors.

Earlier the same day, Mr. Chinh visited the hydrogen project model in Australia of SK Group from the Republic of Korea. The group is looking to invest in an LNG exploitation and hydrogen production project in Vietnam.