Some regulations for Imported Goods into Australia16/12/2018 472
By: Vietnam Trade Office in Australia
The Australian market is considered to be a market that brings many opportunities for foreign businesses in general and Vietnamese enterprises in particular because it relies heavily on imported goods for domestic production and consumption. Australia does not impose import quotas. In particular, under the Free Trade Agreement between ASEAN and Australia - New Zealand (AANZFTA), about 96% of Australian tariffs were eliminated in 2010, the rest will be eliminated by 2020. This market also has high demand on labor-intensive products, which are Vietnam's key commodities such as textules, footwear, wood, seafood, cashew nuts ... In addition, Australia has quite high average income per capita, which means a big purchasing power.
However, Australia is one of the markets with the most stringent quarantine and product safety regulations in the world. Vietnamese enterprises face many difficulties and challenges due to lack of market information such as regulations on import, quarantine, food safety, product safety, labeling of goods ...
In order to provide information for businesses, Vietnam Trade Office in Australia published "Some regulations for imported goods into Australia", in which, apart from providing the overview of Australian laws and regulations that enterprises should pay attention to when importing goods into Australia, the book will go into details of important regulations for key export products of Vietnam.
Hopefully this book will support Vietnamese businesses to maximize the opportunity to export to this potential market.