While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.
The Vietnam Trade Office in Australia is not solely focused on export-import activities but is actively contributing to critical national goals in this pivotal period, Vietnamese Trade Counsellor to Australia Nguyen Phu Hoa told a Vietnam News Agency reporter based in Sydney.
Vietnam's economy has continued to perform strongly in 2024, evidenced by the latest Asian Development Bank’s Asian Development Outlook, which highlights Vietnam’s impressive economic performance, said Hal Hill, an emeritus professor at the Crawford School of Public Policy at the Australian National University.
Deputy Prime Minister and Minister of Foreign Affairs Bui Thanh Son held a working session with Australian Minister for Trade and Tourism Don Farrell in Adelaide city, South Australia, on October 17, on the occasion of the former’s visit to Australia and his co-chairing of the 6th Vietnam-Australia Foreign Ministers’ Meeting.
Simon White, President of the Australia-Vietnam Business Council in Queensland, on October 8 said the Australian state places importance on Vietnam – its fifth largest export market, and hopes for stronger cooperation with businesses and localities of the Southeast Asian nation.
Australian plums will soon be on shelves in Vietnam under the two-way agricultural market access agreement between the two countries that brings Australian plums to Vietnam and Vietnamese passion fruit to Australia, according to the Australian Government.
Passion fruits have become the fifth kind of Vietnamese fruits to be officially exported to Australia, following mango, longan, lychee, and dragon fruit.
The Australian Government will permit up to 1,000 Vietnamese workers to be employed in its agricultural sector at any given time, as part of the labour mobility programme between the two countries.
A workshop was held in Sydney on August 28 to promote the trade and investment cooperation between the Central Highlands province of Gia Lai and New South Wales state of Australia.
The State Securities Commission of Vietnam (SSC) and the Australian Securities and Investments Commission (ASIC) officially signed a Memorandum of Understanding (MOU) for cooperation in Sydney, Australia on August 2.
A delegation from the Ministry of Finance (MoF), led by Minister Ho Duc Phoc, is paying a working trip to Australia from July 31 to August 3, aiming at further deepening and concretising the Vietnam - Australia comprehensive strategic partnership.
Lychee, one of Vietnam’s major export fruits, has been sold well at Costco stores in Western Australia and South Australia, according to the Vietnam Trade Office in Australia.
Premier of Australia's Victoria state Jacinta Allan said the state considers Vietnamese localities priority partners in its international cooperation during a recent meeting with Vietnamese Ambassador to Australia Pham Hung Tam.
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.
A delegation led by Chairman of the Vietnam National Authority of Tourism (VNAT) Nguyen Trung Khanh on June 18 attended a travel symposium and many side activities in Australia's Melbourne city.
Nam Dinh province always welcomes Australian investors and creates the most favourable conditions for them, Secretary of the provincial Party Committee Pham Gia Tuc told Australian businesses on May 29.
A business roundtable between Ho Chi Minh City and New South Wales state was held in Sydney on May 14, attracting representatives of over 150 Australian enterprises and investors.
Deputy Minister of Planning and Investment Do Thanh Trung has expressed his wish for the support from the Australian Centre for International Agricultural Research (ACIAR) in optimising investment resources for agriculture and rural development.
The General Department of Vietnam Customs (GDVC) and the Australian Border Force (ABF) took a significant step toward enhanced cooperation by signing a new plan to collaborate on customs investigations and monitoring during talks in Hanoi on May 7.A
Vietnamese Ambassador to Australia Pham Hung Tam has had a meeting with Australian Minister for Trade and Tourism Don Farrell to discuss opportunities for promoting trade and investment cooperation between the two countries.
The import of Vietnamese fresh pomelo into the Australian market may be allowed if the product meets the Oceanian country's biosecurity conditions, said the Vietnam Sanitary and Phytosanitary Notification Authority and Enquiry Point (SPS Vietnam).
The Mekong Delta city of Can Tho wants to enhance cooperation with SunRice, Australia’s largest rice production and distribution group, so as to improve production efficiency and income for local farmers, Chairman of the city People’s Committee Duong Tan Hien said on April 3.
