Deputy Prime Minister Tran Luu Quang (R) shakes hands with Nicholas Moore, Australia's Special Envoy for Southeast Asia. (Photo: VNA) Quang spoke highly of the fine development of bilateralrelations, with two-way trade hitting 15.7 billion USD in 2022, up 26.7%year-on-year, making Australia Vietnam’s seventh largest trade partner, and Vietnam the 10th largest trader with Australia.
Nicholas Moore said that the Australian Government andbusiness community appreciate the "quality" of theVietnam-Australia ties, and affirmed that the relationship with Vietnamis a "priority" of the Australian Government.
At the meeting, the two sides discussed measures to moreeffectively tap cooperation potential, especially in trade and investment,through increasing the awareness of the business community and consumers of thetwo countries, expanding market access opportunities, and cooperating toimprove the capacity of enterprises.
The Deputy PM affirmed that the Vietnamese Government alwayslistens to the opinions of enterprises and helps them deal with difficulties, while building a more favorable business and investment environment.
He proposed Australia support and share experience withVietnam in the fields of renewable energy, digital transformation, greentransformation, and climate change response. Moore confirmed Australiais willing to share experience and cooperate with Vietnam in these fields.
Quang also suggested the Australian Government give Vietnama worthy position in the Southeast Asia Economic Strategy to 2040.
Vietnam and Australia set up their diplomatic ties onFebruary 26, 1973, and upgraded their ties to a Comprehensive Partnership in2009, an Enhanced Comprehensive Partnership in 2015, and a StrategicPartnership in March 2018./.
VNA
