08:31 | 30/11/2017 Events
Chairwoman of the National Assembly of Vietnam Nguyen Thi Kim Ngan arrived in Canberra on November 29, starting her official visit to Australia.
|Chairwoman of the NA of Vietnam Nguyen Thi Kim Ngan arrived in Canberra on November 29 - Photo VNA|
The relations between Vietnam and Australia have grown rapidly and effectively in recent years, especially since the establishment of the bilateral comprehensive partnership in 2009 and the signing of a declaration on enhancing the Vietnam-Australia comprehensive partnership in March 2015.
Australia considers Vietnam as a key partner in the Association of Southeast Asian Nations (ASEAN) and highly values the role of Vietnam within the bloc.
Currently, Australia is the eighth largest trade partner of Vietnam, with two-way trade growing by 10% annually to reach over US$5 billion in 2016.
So far, Australia has injected US$1.7 billion in 378 projects, ranking 19th among the 115 countries and territories investing in Vietnam.
Australia is one of the largest providers of non-refundable official development assistance (ODA) for Vietnam, with over AUD130 million being provided per year in the 2010-2015 period.
The two countries have strong cooperation in education, labour, tourism, and science-technology.
Along with the sound relations between the two countries, the rapports between the Vietnamese and Australian parliaments are also developing. The ongoing visit to Australia by NA Chairwoman Ngan is expected to promote the comprehensive partnership with Australia, towards the strategic partnership in 2018.
The visit also looks to beef up the cooperative ties between Vietnam’s National Assembly and Australia’s Senate and House of Representatives, as well as enhance the bilateral cooperation in potential fields such as economics, trade, development cooperation, agriculture, education, science-technology, environment-natural resources, tourism, culture and people-to-people exchanges.