Why does bilateral trade between Vietnam – Australia grow sharply?

Why does bilateral trade between Vietnam – Australia grow sharply?

US$1.25 billion is the trade turnover of Vietnam and Australia achieved in January 2024. This figure is far outstripping compared to the same period in 2023 (US$872 million).
MoF signs MoU on financial cooperation with Australian Treasury

MoF signs MoU on financial cooperation with Australian Treasury

VCN - A bilateral talk between Deputy Minister of Finance Bui Van Khang and Minister for Competition, Charities, Treasury and Employment Andrew Leigh, took place on March 7, at headquarters of the Australian Treasury.
Vietnam, Australia boost financial cooperation

Vietnam, Australia boost financial cooperation

VCN - At the "The third Vietnam - Australia financial cooperation" dialogue conference jointly held by the Ministry of Finance and the Australian Department of Treasury on August 29, some important contents such as the application of global minimum tax;
Fifth Vietnam-Australia Foreign Ministers’ Meeting held in Hanoi

Fifth Vietnam-Australia Foreign Ministers’ Meeting held in Hanoi

Foreign Minister Bui Thanh Son and his visiting Australian counterpart Penny Wong on August 22 co-chaired the fifth Vietnam-Australia Foreign Ministers’ Meeting in Hanoi.
Vietnam Australia’s largest cotton importer: Authority

Vietnam Australia’s largest cotton importer: Authority

Vietnam is the largest cotton importer of Australia with 38.8% of the market share, according to the Australian Trade and Investment Commission (Austrade) which predicted that Vietnam will hold this position in following years.
Australia, WB extend partnership to support Vietnam"s development

Australia, WB extend partnership to support Vietnam"s development

The Australian Government and the World Bank (WB) have formally agreed to extend their partnership in support of Vietnam’s sustainable and inclusive development agenda.
PM Anthony Albane’s visit hoped to lift up Vietnam-Australia partnership

PM Anthony Albane’s visit hoped to lift up Vietnam-Australia partnership

Australian Prime Minister Anthony Albanese’s visit from June 3-4 is expected to further promote the sound relations between the two countries in all fields, including peacekeeping, education and training.
Australia is the second-largest shrimp import market of  Vietnam in the CPTPP

Australia is the second-largest shrimp import market of Vietnam in the CPTPP

Australia is Vietnam's second largest shrimp import market in the CPTPP market after Japan, accounting for 27% of Vietnam's total shrimp export value to this market.
Australia is second-largest shrimp import market of Vietnam in  CPTPP

Australia is second-largest shrimp import market of Vietnam in CPTPP

VCN - Australia is Vietnam's second largest shrimp import market in the CPTPP market after Japan, accounting for 27% of Vietnam's total shrimp export value to this market.
Promoting cooperation and strategic partnership between Vietnam and Australia

Promoting cooperation and strategic partnership between Vietnam and Australia

Minister of Finance Ho Duc Phoc had a meeting and working session with Mr. Andrew Goledzinowski, Australia’s Ambassador to Vietnam and the Australian delegation at the headquarters of Ministry of Finance
Vietnam-Australia trade hits record high in 2022

Vietnam-Australia trade hits record high in 2022

Two-way trade between Vietnam and Australia enjoyed a record year-on-year growth of 26.91% to 15.7 billion USD in 2022, according to the Vietnam Trade Office in Australia.

Vietnam-Australia trade forecast to set new record this year

Two-way trade between Vietnam and Australia is expected to surpass the projection of 15 billion USD and set a new record in 2022.
NA Chairman Hue to visit Australia, New Zealand

NA Chairman Hue to visit Australia, New Zealand

National Assembly Chairman Vuong Dinh Hue will pay official visits to Australia and New Zealand from November 30-December 6, announced the NA Foreign Relations Committee.
UN peacekeeping remains highlight in Vietnam – Australia defence ties: officer

UN peacekeeping remains highlight in Vietnam – Australia defence ties: officer

UN peacekeeping is a highlight in defence cooperation between Australia and Vietnam, stated Colonel Paul Foura, Australian Defence Attaché to Vietnam.
Vietnam-Australia trade up over 33% in nine months

Vietnam-Australia trade up over 33% in nine months

Trade between Vietnam and Australia rose 33.4% to nearly 12 billion USD in the first nine months of this year after reaching a record in 2021, according to the Vietnam Trade Office in Australia.
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