Party and State leader To Lam meets Australian business leaders

At the reception for Craig Bradshaw, Chief Executive Officer of EQ Resources Limited, the top Vietnamese leader expressed his pleasure at meeting the leadership of EQ Resources Limited again. He emphasized that the Vietnam-Australia Comprehensive Strategic Partnership is opening up many new opportunities for both countries to jointly develop strategic supply chains, in which critical minerals constitute a sector with immense potential for cooperation, with EQ Resources Limited being one of the leading corporations operating in this field.

Highly appreciating EQ Resources Limited for establishing substantive cooperation with Vietnamese partners in tungsten, To Lam stressed that strategic minerals are becoming a global development issue. The processes of green transition, digital transformation, and the development of high-tech industries are driving up demand for strategic minerals worldwide.

Craig Bradshaw shared his strong impression of Vietnam's socio-economic development achievements in recent times. He highly valued and expressed confidence in Vietnam's potential and strategic development directions in the new development phase, while praising Vietnam's mineral potential and expressing a desire to expand investment scale in the coming time.

Expressing confidence in Vietnam's development strategies, Craig Bradshaw suggested that Vietnam continue to refine its institutions, particularly in the mineral extraction sector, to attract foreign enterprises for long-term investment, thereby contributing to the extraction and processing of higher-value products.

Acknowledging that EQ Resources Limited has built an effective cooperation model linking raw material sources in Australia with processing capabilities in Vietnam, To Lam noted that businesses from both countries can fully complement each other in forming high value-added supply chains. He expressed his desire for the enterprise to continue promoting this cooperation model toward stability, longevity, and mutual benefit.

General Secretary and State President To Lam emphasized that Vietnam wishes to expand cooperation with EQ Resources Limited in developing strategic mineral supply chains, deep mineral processing, and high-tech materials. Cooperation between the two sides should not stop at raw material supply, but gradually build an industrial ecosystem including high-tech materials, which will serve as a foundation to create greater added value for both countries.

The top leader affirmed that Vietnam continues to fine-tune its institutional framework to develop the mineral industry toward modernity and sustainability. Vietnam encourages enterprises with advanced technology, modern management, and long-term investment commitments to participate in developing strategic mineral supply chains in Vietnam. Relevant Vietnamese agencies will coordinate closely with the enterprise on the basis of law, transparency, and mutual benefit.

Receiving Malcolm Turnbull AC, Chairman of Advanced Navigation and former 29th Prime Minister of Australia, To Lam expressed his delight at meeting Malcolm Turnbull during his visit to Australia. To Lam stated that the visit has achieved many positive results, contributing to further consolidating the fine relations between the two countries under the Comprehensive Strategic Partnership framework. This is an outcome nurtured over more than 50 years of Vietnam-Australia relations and a significant milestone in bilateral ties.

To Lam emphasized that amid rapid and complex global changes, both Vietnam and Australia have set development goals. The two countries need to strengthen coordination and effectively exploit cooperation opportunities to meet each country's development needs and jointly respond to global challenges. Without timely coordinated action, both sides may miss precious opportunities.

Vietnam considers economic, scientific-technological, and maritime and ocean cooperation as foundations for creating new breakthroughs in bilateral relations, he added.

Appreciating Malcolm Turnbull as a close friend with deep understanding and affection for Vietnam, the Vietnamese top leader acknowledged his important contributions in his former role as Prime Minister of Australia to consolidating bilateral relations. The achievements both countries have attained today owe much to his significant contributions. He expressed his desire for Malcolm Turnbull to continue supporting Vietnam in developing science and technology, while sharing proposals, initiatives, and business operation plans in areas where Australia possesses strengths and experience.

Vietnam is implementing many policies and measures to refine institutions, reform administrative procedures, and open up major development directions to achieve rapid growth targets in the coming period. Many of Vietnam's priority areas align with the strengths of Australian businesses, especially in science and technology, To Lam went on.

According to the Vietnamese top leader, Advanced Navigation's navigation and positioning technologies align with the areas Vietnam prioritizes for cooperation with Australia, including science-technology, seas, and oceans. These technologies play an important role in many industries and sectors. Vietnam welcomes and stands ready to create favorable conditions for the enterprise to cooperate with Vietnamese partners, promote technology transfer, turn research results into specific products and applications, and step by step participate in global supply chains to serve the interests of both countries, To Lam emphasized.

Malcolm Turnbull showed his joy at the meeting and shared optimism about the strong developments in Australia-Vietnam relations. The Chairman of Advanced Navigation affirmed that the company will continue to boost and expand business operations in Vietnam. The enterprise highly appreciates the vision of Vietnamese leaders regarding the electronics and technology industries and commits to becoming a trusted, long-term, and effective partner with Vietnam.

Malcolm Turnbull observed that in the context of many international difficulties and challenges, middle powers and economies need to strengthen cooperation with each other. He recalled the impression of the ASEAN-Australia Special Summit held in Sydney, thereby emphasizing the importance of enhancing regional linkages and cooperation.

The Vietnamese Party and State leader agreed with Malcolm Turnbull's assessments and proposals, emphasizing that the Vietnam-Australia Comprehensive Strategic Partnership is entering a new phase of development, in which science, technology, and innovation will be one of the most important pillars.

To Lam expressed confidence that cooperation between Vietnam and Advanced Navigation will contribute to creating advanced technological products, building technological capacity, high-quality human resources, and an innovation ecosystem in Vietnam, thereby making positive contributions to the development of each country as well as consolidating the Vietnam–Australia Comprehensive Strategic Partnership.

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