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Both Vietnam and Australia have complementary economies which can support each other for mutual development together, said Australian Minister for Trade, Tourism and Investment Dan Tehan MP of the Foreign Correspondents Association Australia and South Pacific (FCA).

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Despite more than a year of global pandemic and heightened geopolitical tensions – leading to “unprecedented” being one of the words of the year – what is particularly noteworthy about our latest trade survey is how many issues haven’t changed.

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Vietnamese businesses in Australia have made significant contributions to the growth of Vietnam-Australia trade in 2020, Vietnamese Ambassador to Australia Nguyen Tat Thanh said at a ceremony to review activities of the Vietnamese Entrepreneurs Association in Sydney (VEAS) on December 5.

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The Australian Export Grains Innovation Centre (AEGIC) has said it is engaging with Vietnamese brewers and maltsters to expand its barley exports, as China recently imposed a tariff of over 80 percent on the product.

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The seventh meeting of the Joint Trade and Economic Commission (JTEC) between Vietnam and New Zealand was held online on October 23, co-chaired by Deputy Minister of Industry and Trade Tran Quoc Khanh and New Zealand’s Deputy Secretary Trade and Economic Vangelis Vitalis.

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Vietnam hopes to make economic cooperation truly an important driver for its relations with Japan, the US, and Australia, Head of the Party Central Committee’s Economic Commission Nguyen Van Binh said on October 30.

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A trade working group within the framework of the Ministerial-level Vietnam-Australia Economic Partnership Meeting convened an online meeting on October 27.

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The Asia Media Centre in New Zealand ran an article on July 23 covering the formal elevation of Vietnam-New Zealand ties to a strategic partnership level, expressing its belief in the opportunities and potential of this relationship in the future.

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ASEAN and New Zealand reiterated the commitment to further intensify their strategic partnership during the teleconferenced eighth meeting of the ASEAN-New Zealand Joint Cooperation Committee on June 25.

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Opportunities for Australian firms to invest in Vietnam have never been better than now when the Southeast Asian economy is growing rapidly, said participants at a Vietnam-Australia business dialogue held in Sydney on July 22.

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