At a reception on Tuesday for Angus Taylor, leader of the Opposition and leader of the Liberal Party of Australia, as part of his state visit to Australia, Mr. Lam proposed that the two sides strengthen party-to-party ties and increase exchanges between their legislatures and parliamentarians.

He called for joint efforts to build secure, sustainable, and resilient supply and value chains, particularly in energy and critical minerals. The Vietnamese leader requested that Australia continue to guarantee supplies of coal and liquefied natural gas (LNG) to Vietnam while broadening cooperation in clean energy and green transition.

He said that Vietnam encourages Australian enterprises and investment funds to expand investments in areas aligned with Vietnam's needs and Australia's strengths such as clean energy, smart agriculture, infrastructure, critical minerals, high technology, and the maritime economy.

He also asked Australia to facilitate Vietnamese businesses in scaling up their investments and operations in Australia, thereby fostering a more balanced and effective bilateral investment partnership.

Mr. Taylor affirmed that the Liberal Party of Australia highly values its relationship with Vietnam, noting the strong political foundation is paving the way for both sides to transition toward concrete, long-term economic benefits and development opportunities.

He reaffirmed the Liberal Party of Australia’s strong support for the translation of commitments into concrete actions.

He also encouraged Australian enterprises to take a more proactive approach in seizing cooperation opportunities in Vietnam, viewing the country not only as a crucial market but also as a high-potential partner for Australia to jointly develop manufacturing capabilities, technology, and future industries.