Business

Symposium highlights Vietnam-Australia cooperation on cattle raising

A symposium on strengthening the Vietnam-Australia technical, trade and investment collaboration in the cattle raising sector took place in Hanoi on November 14, with the participation of over 100 delegates from government bodies, associations, businesses, and universities of the two countries.
Symposium highlights Vietnam-Australia cooperation on cattle raising ảnh 1At the event taking place in Hanoi on November 14 (Photo: VNA)
Hanoi (VNA) - A symposium on strengthening the Vietnam-Australia technical, trade and investment collaboration in the cattle raising sector took place in Hanoi on November 14, with the participation of over 100 delegates from government bodies, associations, businesses, and universities of the two countries.

This event was organised as part of a project on trade and innovation development cooperation in the sector between the nations, which was sponsored by the Australian Department of Foreign Affairs and Trade (DFAT) under the Australia-Vietnam Enhanced Economic Engagement Strategy.

Deputy Minister of Agriculture and Rural Development Phung Duc Tien stated that the symposium marks a significant milestone, opening the door for deeper and more sustainable agricultural engagement in the next five decades.

Tien stressed that in recent years, agriculture in Vietnam made important achievements. The livestock sector, identified as a key industry, occupied 25.26% of agriculture's contribution to the country’s GDP in 2022.

The local sector has so far earned notable progress, with production activities evolving towards more concentrated, professional, and specialised farming practices. In the first nine months of 2023, the total output of beef nationwide reached 373,000 tonnes, an increase of 2.4% year on year. However, on an annual average, the beef supply meets just about 45-50% of domestic demand. The balance of beef required for domestic consumption needs to be imported.

Australian Ambassador to Vietnam Andrew Goledzinowski stated that the discussion serves as a platform to identify opportunities for both countries to apply and implement advanced technologies and practices in the sector. This ensures the industry remains competitive and meets market demand.

The event also helps strengthen bilateral cooperation in the field by creating favourable conditions for interactions among government officials, businesses, and researchers, and promoting mutually beneficial relationships and sustainable beef production and business partnerships.

Participants focused their discussions on a series of issues such as the current status and priorities of the cattle farming sector, market and trade, measures to achieve the net-zero in cattle ranching, profitable green feeding systems, and the improvement of breeding and genetics in Vietnam./.
VNA
#symposium #Vietnam-Australia #technical cooperation #trade #investment #beef cattle raising sector #vietnam news agency #vietnamplus Australia Vietnam
Follow VietnamPlus

Related News

Vietnam enjoys advantages for raising grass-fed cattle

Vietnam enjoys advantages for raising grass-fed cattle

Minister of Agriculture and Rural Development Nguyen Xuan Cuong on May 15 stressed the need for Vietnam’s livestock industry to focus on devising policies and production organization methods to meet market demand for food.
Vietnamese agencies cooperate in cattle breeding with Nigerian partners

Vietnamese agencies cooperate in cattle breeding with Nigerian partners

The Institute for Africa and Middle East Studies (IAMES) and the Vietnam - Africa Economic Cooperation Alliance (VAECA) have signed a cooperation agreement on livestock farming development in Nigeria at a webinar with the Nigeria - Vietnam Chamber of Commerce and Industry (NVCCI) and Nigeria's EkitiKete Livestock Development Co., Ltd.

See more

Green SM has launched all-electric taxi service in the US. (Illustrative photo: VNA)

Green SM launches all-electric taxi service in US

The move brings Green SM into one of the world’s most dynamic and demanding markets. It also marks another step in the international expansion of the Vietnamese mobility brand, following its rapid growth across markets in Asia and Europe.

An overview of the meeting between IMF Managing Director Kristalina Georgieva and ASEAN Finance Ministers and Central Bank Governors (Photo: VNA)

Vietnam strengthens financial cooperation at IMF-World Bank annual meetings

The Vietnamese Governor underscored the complementary roles of global and regional financial cooperation mechanisms, including the Chiang Mai Initiative Multilateralisation (CMIM) and the ASEAN+3 Macroeconomic Research Office (AMRO). He also highlighted the importance of technical assistance in fintech, digital transformation, cybersecurity and risk management.

Representatives of the organising committee at the opening ceremony of the fair (Photo: VNA)

Vietnam-Cambodia trade expo promotes bilateral economic cooperation

The Vietnam-Cambodia Business Networking and Product Promotion Exposition has become a key trade promotion event, creating business and investment opportunities while strengthening mutual understanding and trust between the two countries’ armies, people and enterprises.

Vietjet Air’s Airbus A330 taxis at Vaclav Havel Airport in Prague, the Czech Republic. (Photo: VNA)

Vietnam’s airlines expand international networks

The Civil Aviation Authority of Vietnam forecasts that the country’s aviation market will handle 94 million passengers and more than 1.6 million tonnes of cargo in 2026, up 13% and 9.3%, respectively, from 2025.

A representative of Sumika Electronic Materials Vietnam (VSIP Bac Ninh Industrial Park, Tu Son Ward) briefs the delegation from Customs Sub-department Region V on the company's operations. (Photo: báo bắc ninh)

Bac Ninh customs facilitates clearance to boost exports

Pham Chi Thanh, head of Customs Sub-Department Region V, said the unit is focusing resources on developing a digital customs model and streamlining professional procedures to shorten clearance times and reduce costs for businesses while maintaining effective state management.

At the sixth Golden Brand Awards 2026 ceremony (Photo: VNA)

Ho Chi Minh City honours top 50 brands for 2026

The awards aim to recognise brands that can lead their industries, drive innovation and create a ripple effect across the business community, lifting the city’s standing in a new growth stage.

Luxury apartment projects in downtown Ho Chi Minh City (Photo: VNA)

Ho Chi Minh City's housing market sees price stabilisation, sharper buyer segmentation

According to Avison Young Vietnam, improved planning and infrastructure development have helped ease market uncertainty and prevented a complete freeze. More than 25,000 apartments are expected to enter the market in multiple launches between 2027 and 2030, with many projects scheduled to benefit from infrastructure improvements around 2030.

Vietnamese Deputy Minister of Industry and Trade Phan Thi Thang speaks at the forum (Photo: VNA)

Vietnam, Georgia look to more business opportunities

For Vietnamese firms, Georgia can serve as a gateway to broader regional markets, given its strategic location connecting the South Caucasus, Central Asia and China with European markets via the Black Sea.

Chairman of the Vietnamese Business Association in Laos (AVILA) Duong Dinh Bang (Photo: VNA)

PM’s visit injects fresh momentum into Vietnam-Laos special relations

At the 2026 Laos-Vietnam Investment Promotion Conference in Vientiane, the two PMs held direct dialogue with businesses and investors from both countries, affirming their determination to address bottlenecks in institutional frameworks, administrative procedures, transport infrastructure and payment connectivity. The goal of these efforts is to boost bilateral trade to 10 billion USD by 2030.