Vietnam-Australia trade ties thriving
| |
Secretary of the Ho Chi Minh City Party Committee Nguyen Thien Nhan (R) and Australian Ambassador to Vietnam Craig Chittick - Source: thanhuytphcm.vn |
At a reception held for Australian Ambassador to Vietnam Craig Chittick, in HCM City on September 26, Nhan said that the Vietnamese metropolis has good ties with many Australian localities, voicing his hope that the relations would continue to thrive.
For his part, the ambassador highlighted the rapid development of the economic relations between Vietnam and Australia, with annual two-way trade increasing sharply and more flights being launched to connect the two countries.
In addition, bilateral education collaboration is also thriving, he said, noting that tens of thousands of Vietnamese are currently studying in Australia.
Australia is the 19th largest investor in Vietnam, with 407 projects worth US$1.85 billion, and is also an important market for Vietnamese investors who are running 36 projects with total capital of nearly US$200 million in the country.
Australia is now the seventh largest trade partner of Vietnam. The two-way trade reached approximately US$5.3 billion in 2016, with Vietnam’s exports valued at US$2.86 billion.
See also

Smart logistics key for competitiveness improvement experts
06:00 | 27/05/2023 Foreign trade

Bac Giang boosts lychee exports to US
06:00 | 27/05/2023 Trade

Businesses asked to keep close watch on US investigation into boltless steel shelving imports
09:22 | 25/05/2023 Foreign trade

Timber exporters face a sharp decline in orders
06:00 | 25/05/2023 Foreign trade

Enhancing Exports to China
06:00 | 23/05/2023 Foreign trade

VN to play a greater role in global commodity exchanges
06:00 | 23/05/2023 Foreign trade
See more news

Exploring new markets expected to fuel foreign trade
06:00 | 21/05/2023 Foreign trade

FDI sector posts trade surplus of over US$14 billion in four months
09:37 | 19/05/2023 Foreign trade

2 representatives from Vietnam excellently won the 2nd prize in ICAEW China and South-East Asia Business Challenge 2023
08:56 | 19/05/2023 Trade

Tea exports earn 50 mln USD in first four months of 2023
14:38 | 17/05/2023 Major exports

Vietnamese rice welcomed in Australia, Vanuatu
06:00 | 15/05/2023 Major exports

Develop disease-free livestock production chains and areas
11:04 | 13/05/2023 Domestic market

Firms urged to pay attention to legal risks in international trade in volatile world
16:30 | 09/05/2023 Foreign trade

Agro-forestry-aquatic product exports reach 15.66 billion USD in four months
11:31 | 05/05/2023 Major exports

Positive signs for Vietnam’s rice exports
06:00 | 26/04/2023 Major exports

AgroChemEx Vietnam 2023 exhibition opens in HCMC
17:00 | 25/04/2023 Trade

BCI Central celebrates the best in Vietnam architecture, building and design industry
07:05 | 28/05/2023 Property

Vietnam urges more investment of AES in energy sector
07:01 | 28/05/2023 News and Events

PM urges stronger wildfire prevention measures amid strong heatwaves
06:00 | 28/05/2023 Environment

Bát Tràng ancient pottery exhibited at Việt Nam National Museum of History
06:00 | 28/05/2023 Lifestyle

Vietnam targets development of green, plastic waste-free tourism
06:00 | 28/05/2023 Environment
Multimedia

Bát Tràng ancient pottery exhibited at Việt Nam National Museum of History
06:00 | 28/05/2023 Lifestyle

Domestic audiences experience European cinema at film festival
09:05 | 26/05/2023 Lifestyle

Creative and funny guide book for expats to explore Hà Nội
06:00 | 23/05/2023 Lifestyle

Exhibition introduces President Hồ Chí Minh’s signatures, autographs
16:03 | 19/05/2023 Culture

National programme on cultural development approved
06:00 | 21/05/2023 Culture

Deputy PM urges acceleration of electricity licensing for finished wind, solar power projects
10:06 | 25/05/2023 Policy

Specific mechanisms, policies needed to drive HCM City’s growth
06:02 | 20/05/2023 Policy

PM approves National Power Development Plan VIII
14:20 | 17/05/2023 Policy

Chip-based passports can be provided online, sent via post
07:00 | 13/05/2023 Policy

Fertiliser businesses see profit drop on ailing selling prices and rising costs
15:27 | 26/05/2023 Industry

Ten-year milestone of outstanding rural industrial product program
14:00 | 26/05/2023 Industry promotion

Dong Nai Province speeds up industrial development
14:00 | 25/05/2023 Industry promotion

New technology helps utility, industrial operators overcome power network challenges
15:13 | 24/05/2023 Energy

Binh Phuoc’s potential introduced to Australian partners
10:13 | 26/05/2023 Investment

Da Nang calls for investment in 10 logistics centre projects
14:57 | 23/05/2023 Investment

Vietnam becomes global production centre thanks to boom of foreign investment
07:15 | 20/05/2023 FDI

Hanoi accelerates public investment disbursement
14:00 | 18/05/2023 Investment

Central bank continues to reduce policy interest rates
06:12 | 27/05/2023 Finance-Banking

Nearly 2.3 billion USD in state capital saved in 2022: Gov't report
06:09 | 25/05/2023 Finance-Banking

Central bank eases credit crunch, boosts growth
06:00 | 22/05/2023 Finance-Banking

Bank lending interest rates will be cut at appropriate time: SBV chief
08:07 | 19/05/2023 Finance-Banking

PM urges stronger wildfire prevention measures amid strong heatwaves
06:00 | 28/05/2023 Environment

Vietnam targets development of green, plastic waste-free tourism
06:00 | 28/05/2023 Environment

Đồng Nai afforestation programme kicks off
06:00 | 27/05/2023 Environment

New task force promotes innovation and financing for plastic waste reduction
14:30 | 26/05/2023 Environment

Hanoi hosts Vietnam - Asia DX Summit 2023
16:15 | 26/05/2023 Science - Technology

Hanoi Transerco applies technology to improve public bus services
16:06 | 26/05/2023 Science - Technology

Hanoi aims to be national hub of technology transfer, development
15:59 | 26/05/2023 Science - Technology

Vietnamese students win prizes at int’l science and engineering fair
15:39 | 26/05/2023 Science - Technology

New Zealand provides 40 full micro-credentials scholarships for Vietnamese learners
16:23 | 26/05/2023 Society

Mong Cai city imports electricity from China’s Dongxing
10:37 | 25/05/2023 Energy

Seminar discusses orientations for rapid and sustainable national development
07:15 | 22/05/2023 Society

M&A to pick up in property market
07:00 | 19/05/2023 Property

Pfizer Vietnam, VNVC sign MoU to protect public health
09:00 | 26/05/2023 Vietnamese Brands

Vietjet offers 50% discount on SkyBoss Business tickets
08:55 | 26/05/2023 Vietnamese Brands

Positioning Vietnam’s Green National Brand
06:00 | 26/05/2023 Vietnamese Brands

VN-Japan joint venture ships 31,500 tonnes of cement to the US
06:00 | 22/05/2023 Vietnamese Brands

Bát Tràng ancient pottery exhibited at Việt Nam National Museum of History
06:00 | 28/05/2023 Lifestyle

Vietnam’s broken rice among top 100 most delicious rice dishes in the world
07:06 | 27/05/2023 Culture

Domestic audiences experience European cinema at film festival
09:05 | 26/05/2023 Lifestyle

Creative and funny guide book for expats to explore Hà Nội
06:00 | 23/05/2023 Lifestyle

Da Nang - A destination with the most beautiful mountainous scenery in Asia
09:00 | 24/05/2023 Tourism

Strategic investors’ engagement helps promote Việt Nam’s tourism growth
06:00 | 24/05/2023 Tourism

Various activities at Nha Trang - Khanh Hoa Sea Festival 2023
06:20 | 22/05/2023 Tourism

Hidden gem in Hà Giang faces challenges in tourism development
06:00 | 22/05/2023 Tourism