Vietnam and Australia have opportunities to advance their economic and trade ties, said Secretary of the Ho Chi Minh City Party Committee Nguyen Thien Nhan.
Secretary of the Ho Chi Minh City Party Committee Nguyen Thien Nhan (R) and Australian Ambassador to Vietnam Craig Chittick (Source: thanhuytphcm.vn)
Hanoi (VNA) – Vietnam and Australia have opportunities toadvance their economic and trade ties, said Secretary of the Ho Chi Minh CityParty Committee Nguyen Thien Nhan.
At a reception for Australian Ambassador to Vietnam Craig Chittick in HCM Cityon September 26, Nhan said the Vietnamese metropolis has good ties with manyAustralian localities, voicing his hope that relations will continue to thrive.
For his part, the ambassador highlighted the rapid development of economic relationsbetween Vietnam and Australia, with two-way trade increasing sharply annuallyand more flights launched to connect the two countries.
Also, bilateral education collaboration is also thriving, he said, noting thattens of thousands of Vietnamese are studying in Australia.
Australia is the 19th largest investor inVietnam with 407 projects worth 1.85 billion USD and is also an importantmarket of Vietnamese investors who are running 36 projects with total capitalof nearly 200 million USD in the country.
Australia is the seventh largest trade partnerof Vietnam. Two-way trade reached about 5.3 billion USD in 2016, with Vietnam’sexports valued at 2.86 billion USD.-VNA
The Ministry of Agriculture and Rural Development (MARD) and the Australian Centre for International Agricultural Research (ACIAR) on Monday signed a letter of intent to enhance bilateral cooperation in agricultural research.
Vietnam and Australia have agreed to set up long-term cooperation in combating illegal, unreported and unregulated fishing under a memorandum of understanding (MoU) signed in the Mekong Delta city of Can Tho on August 24 within the framework of the APEC Food Security Week.
Six years after implementing the ASEAN-Australia-New Zealand Free Trade Area, trade between Vietnam and Australia has increased 4.7 percent each year on average, according to the Ministry of Industry and Trade (MoIT).
Vietnam's Centre for Gender Studies and Women's Leadership (GeLead) and the Australian government-funded Vietnam-Australia Human Resource DevelopmentPartnership (Aus4Skills) signed an agreement on promoting gender equality in Hanoi on September 7.
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.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Secretary of the Ho Chi Minh City Party Committee Nguyen Thien Nhan (R) and Australian Ambassador to Vietnam Craig Chittick (Source: thanhuytphcm.vn) 
