Australia’s Queensland considers Vietnam priority market in Southeast Asia: official
Australia’s Queensland values its relations with Vietnam and considers the nation a priority market in the Southeast Asia and one of the top five international trade partners of the state, said Trade and Investment Queensland Chief Executive Officer Justin McGowan.
Vietnamese Ambassador to Australia Pham Hung Tam (left) and Trade and Investment Queensland Chief Executive Officer Justin McGowan. (Photo: VNA)
Sydney (VNA)❀ – Australia’s Queensland values its relations with Vietnam and considers the nation a priority market in the Southeast Asia and one of the top five international trade partners of the state, said Trade and Investment Queensland Chief Executive Officer Justin McGowan.
Speaking during a meeting with Vietnamese Ambassador Pham Hung Tam on July 9, MacGowan said that he welcomes the increasing attention and presence of Vietnamese businesses in Queensland, including Sofico Group, Vingroup, TH Group and Vietjet Air. He pledged to create favourable conditions for other businesses to promote investment and trade in the state.
At the meeting, the Australian official also pointed out Queensland’s potential and strengths, especially in agriculture, mining, renewable energy and education.
He agreed to coordinate with the Vietnamese Embassy in Australia to welcome Vietnamese delegations to Queensland in the coming time. He also hoped the two sides will strengthen activities to promote people-to-people exchanges, especially between friendship parliamentary groups of the two countries.
For his part, Tam appreciated the important position and role of Queensland, stating that the two sides hold much potential for cooperation, especially in trade and investment. Tam wished the two sides will increase two-way investment, including considering promoting investment in new fields such as clean energy and digital transformation, and expanding investment in potential areas including high quality agriculture.
He asked for Queensland’s coordination to support Vietnamese delegations that will visit the state to seek investment and business opportunities in the coming time. The ambassador expressed his wish that the state will hasten the renewal of its cooperation agreements with Ho Chi Minh City and Da Nang city of Vietnam.
The same day, the Vietnamese diplomat met with Commissioner of the Australian Border Force (ABF) Michael Outram at the ABF office, during which he proposed the two sides continue to coordinate to implement important outcomes achieved during Prime Minister Pham Minh Chinh's official visit to Australia last March, particularly in security and defence cooperation.
🍃 Tam appreciated the results of Outram's visit to Vietnam, and welcomed the signing of a plan on customs investigation collaboration and a Letter of Intent on negotiations on a Memorandum of Understanding (MoU) to strengthen cooperation between Vietnam's Border Guard Command and the ABF. He hoped that the two sides will soon sign the MoU in the near future.
Tam also asked for the two sides' continued joint work to accelarate the organisation of the first ministerial-level security dialogue in 2024 and expected that ABF will continue to support Vietnam in customs, English language training, crime and illegal migration control./.
Queensland, Australia’s second biggest state, is developing a new international cooperation strategy, which is expected to make Vietnam one of its top five priority partner countries, local officials have unveiled.
Officials from Ho Chi Minh City and the Australian state of Queensland discussed cooperation in economy, trade, education and science-technology at a meeting in the Vietnamese city on May 27.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
