Vietnam, Australia eye closer ties in economy, trade, investment
Deputy Prime Minister Pham Binh Minh wished that Vietnam will become one of Australia’s ten largest trade partners and vice versa at a reception for visiting Australian Minister of Trade, Tourism and Investment Dan Tehan in Hanoi on July 13.
Deputy Prime Minister Pham Binh Minh suggests Australia give Vietnamese passion fruit access to its market in his reception for visiting Australian Minister of Trade, Tourism and Investment Dan Tehan in Hanoi on July 13. (Photo: VNA)
Hanoi (VNA) – Deputy Prime Minister Pham BinhMinh wished that Vietnam will become one of Australia’s ten largest trade partnersand vice versa at a reception for visiting Australian Minister of Trade,Tourism and Investment Dan Tehan in Hanoi on July 13.
Welcoming Tehan, Minh spoke highly of Australia’sresponse to COVID-19 and its adaptation to the “new normal,” resulting ineconomic recovery and heightened position at the international stage.
He expressed his delight at the strong development of theVietnam-Australia strategic partnership in multiple fields, particularly economy,trade and investment - the focus of the bilateral strategic partnership.
He cited that two-way trade rocketed by more than 40 percent year on year inthe first half of 2021.
Deputy Prime Minister Pham Binh Minh (right) hosts a reception for visiting Australian Minister of Trade, Tourism and Investment Dan Tehan in Hanoi on July 13. (Photo: VNA)
Given that both countries are signatories to theComprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)and the Regional Comprehensive Economic Partnership (RCEP), he hoped thatVietnam and Australia will be among ten largest trade partners of each other.
The Deputy PM suggested Australia give Vietnamese shrimpballs and passion fruit access to its market while showing Vietnam’s interestin importing ore, coal, iron and steel, and rare earth from the country.
He also appreciated Australia’s role in the Asia-Pacificregion and its stance in maintaining the regional peace, security andstability, particularly in the East Sea, in line with international law and theUN Convention on the Law of the Sea (UNCLOS) 1982.
He moved on to thank the Government of Australia for supportingVietnam in its roles as ASEAN Chair 2020 and a non-permanent member of the UNSecurity Council and pledging to provide the Southeast Asian nation with 40million AUD (29.9 million USD) and 1.5 million doses of COVID-19 vaccine AstraZeneca to aid its COVID-19 fight. He hoped for Australia’s continued supportfor COVAX vaccine-sharing facility and for poor and developing countries toaccess COVID-19 vaccine supply.
Also pleased to see the growing bilateral ties, MinisterTehan said Australia is committed to cooperating with Vietnam in tacklingchallenges from the pandemic.
He asked the Government of Vietnam to back the Australia-VietnamEnhanced Economic Engagement Strategy (EEES) and continue fostering thebilateral trade and investment relations, with the focus placed on foodsecurity, water resources and high technology.
Tehan is on his first visit to Vietnam, one of the destinationsduring his two-week tour of five countries, also including Singapore, theRepublic of Korea, Japan and the US. These are Australia’s important partners,accounting for around one fourth of its goods and service export turnover./.
Representatives of the agriculture sector of Vietnam and Australia have agreed to accelerate work to allow the import of more farm produce of each other at the recent third Vietnam – Australia agriculture forum.
The Government of Australia is helping to strengthen trade opportunities with Vietnam through a pilot progamme, according to Australia’s Minister for Trade, Tourism and Investment Dan Tehan.
Australia plans to push up its import of frozen ginger products from Vietnam, with their value estimated to exceed 100 billion VND (4.35 million USD) this year, according to the Vietnamese trade office in the country.
Australian Minister for Foreign Affairs Marise Payne has affirmed Australia’s position which is guided by principled support for international law and the 1982 United Nations Convention on the Law of the Sea (UNCLOS).
A project to improve the knowledge and capacity of Vietnamese businesses in hi-tech agriculture will be soon carried out by Asialink Business of Melbourne University and Beanstalk AgTech of Australia.
The trip will be made at the invitations of Chinese Premier Li Qiang and WEF President and CEO Børge Brende, according to an announcement from the Ministry of Foreign Affairs.
Long spoke highly of the dynamic, positive, and comprehensive development of Vietnam – Russia relations in recent years. He affirmed that the Vietnamese Party and State place great importance on further strengthening the comprehensive strategic partnership with Russia in a substantive and effective manner, in line with the development needs of both nations.
At the conference, participants reported that the Government has so far issued 28 decrees on the delegation of responsibilities and powers between the central Government and two-tier local administrations. Several localities have already piloted the new governance model.
Reality is the ultimate benchmark for success, he said, urging drafting agencies to work out policies that foster development, reduce bureaucratic hurdles, and respect practical conditions.
Under the official dispatch signed on June 20, ministers, heads of ministerial-level agencies, and chairpersons of provincial and municipal People’s Committees are requested to concentrate efforts on implementing core measures to ensure the smooth operations of the new administrative framework.
The Party chief underscored the need for the press to innovate relentlessly, evolve to keep pace with the country's development, transform into a truly professional, humanistic, and modern sector that serves the cause of the Party, the State, and the people on the path to national construction and development.
The UN Secretary-General praised Vietnam’s remarkable achievements in socio-economic development and international integration in recent years, noting that the country has emerged as a model in implementing the Sustainable Development Goals (SDGs), promoting international peace and security, and engaging in key UN processes.
Nghia affirmed that this is a milestone of special significance, affirming and honouring the the Vietnamese revolutionary press’s glorious tradition of 100 years of serving the revolutionary cause of the Party, serving the Fatherland, and serving the people.
The Party and State of Vietnam always attach great importance to and give top priority to the development of Vietnam–China relations. Vietnam is ready to work with the Chinese Party and State to further deepen the Comprehensive Strategic Cooperative Partnership and promote the building of the Vietnam-China community with a shared future that carries strategic significance.
Under the leadership of President Ho Chi Minh and the CPV, President Cuong said, the press has been a steadfast force on the ideological and cultural front, rallying the masses to pursue national aspirations.
NA Chairman Tran Thanh Man stressed the need to accelerate the application of artificial intelligence and smart teaching equipment, innovate teaching and assessment methods, and further improve the quality of formal education.
He also pledged that the NA will promote its ongoing supervision, making sure that every promise must lead to results, and every commitment must bring about real changes.
Minister of Industry and Trade Nguyen Hong Dien welcomed the proposals put forward by the US side and reiterated Vietnam’s request for consideration of key areas of interest, including reciprocal tariff policies and access for Vietnamese key export products to the US market.
Deputy PM Le Thanh Long proposed countries promote shared values, including building trust, sincerity, and solidarity among nations and peoples; fostering cooperation spirit and responsible behaviour as well as upholding international law and the UN Charter; and placing people at the centre and as the goal, the key player, and the driving force of all policies.
The show, together with a grand parade to be held silmutaneously at Ba Dinh Square in Hanoi, will celebrate the 80th anniversary of the August Revolution, the National Day, and the General Staff of the Vietnam People’s Army (VPA).
In particular, in April 2023, the two sides successfully carried out a joint operation that dismantled a major organised, transnational drug trafficking ring involving both Vietnamese and Cambodian suspects.
The Vietnamese Embassy in Israel is closely coordinating with relevant local agencies to stay informed and provide the utmost support possible for Vietnamese nationals.
The launch of Thanh Nien (Young People) newspaper in 1925, even before the founding of the Communist Party of Vietnam, is considered a testament to President Ho Chi Minh’s strategic foresight and strong belief in the guiding power of the revolutionary media.
Deputy Prime Minister Pham Binh Minh suggests Australia give Vietnamese passion fruit access to its market in his reception for visiting Australian Minister of Trade, Tourism and Investment Dan Tehan in Hanoi on July 13. (Photo: VNA)
Deputy Prime Minister Pham Binh Minh (right) hosts a reception for visiting Australian Minister of Trade, Tourism and Investment Dan Tehan in Hanoi on July 13. (Photo: VNA)
