Vietnam’s farm produce exports to Australia post good growth
Despite difficulties brought by COVID-19, Vietnam’s farm produce exports to Australia enjoyed positive growth, gradually conquering one of the most challenging markets in the world.
Vietnamese lychees promoted in Perth, Australia (Photo: VNA)
Sydney (VNA) – Despite difficulties brought byCOVID-19, Vietnam’s farm produce exports to Australia enjoyed positive growth,gradually conquering one of the most challenging markets in the world.
Head of the Vietnam Trade Office in Australia Nguyen Phu Hoasaid Vietnamese brands have been gaining increasing trust in Australia, following a programmeon building brands of Vietnamese products over the past years and efforts madeby businesses.
Statistics of the General Department of Vietnam Customsshowed that two-way trade neared 9.1 billion USD in the first nine months of2021, a year-on-year surge of 50 percent.
It is noteworthy that farm produce exportsexpanded by 32 percent. Australian firms have reduced riceimports from other countries but still purchased a large volume of the grain fromVietnam.
Vietnam and Australia recently announced an EnhancedEconomic Engagement Strategy, aiming to soon bring the bilateral trade to 15billion USD and open up chances for Vietnamese exporters to penetrate theAustralian market in the coming time.
Vietnam's dracontomelon shipped to Australia (Photo: VNA)
Vietnam has carried out numerous projects and programmes to help the domestic business community improve their capacity and capitaliseon free trade agreements (FTAs). The Ministry of Industry and Trade has set up a websiteon FTAs to provide information on the deals and Vietnam's commitments. It also launched the Viet-Aus Trade app last year, which offerssupport and information for exporters.
At the same time, firms have paid due attention to gaining Certificates of Origin (C/O) for their products in a bid to be exempted from tariffs in accordance withthe FTAs, Hoa added.
According to him, maintaining quality of products is the most important factor to keep competitive advantage. Exporters are also advised to keep updated on the Australian market in order to be prepared for arising problems./.
With the right blend of focus, support and adaptability, Vietnam should represent an attractive growth opportunity for Australia's AgTech innovators, according to director at Beanstalk Agtech and Global Program Lead for GRAFT Vietnam Challenge 2021 Justin Ahmed.
Vietnam’s aquatic products have gained the favour of Australian consumers, Secretary of the Australian Department of Agriculture, Water and the Environment Andrew Metcalfe told a workshop on October 1.
Vietnam and Australia will accelerate trade and investment levels from 2021-2025, through a new economic strategy bringing their burgeoning commercial ties into sharp focus.
Minister of Public Security General To Lam suggested Vietnam and Australia enhance cooperation in all spheres, including national defence and security, at a reception for Australian Minister of Foreign Affairs and Minister for Women Marise Payne in Hanoi on November 9.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
Vietnamese lychees promoted in Perth, Australia (Photo: VNA) 
Vietnam's dracontomelon shipped to Australia (Photo: VNA) 
