Keyword: "Australian investment in Vietnam"

During the sessions, representatives of Australian funds and financial institutions described Vietnam as one of Asia’s most attractive emerging markets, citing steady economic growth, a young population and rising demand for modern financial services. The establishment of the VIFC was seen as opening new avenues for international investors.

The Vietnam-Australia partnership is on the right track with effective economic, trade and investment cooperation in the recent years, but with nearly 2 billion USD in 550 projects as of the end of 2021, Australian investment in Vietnam has not matched potential, according to Assoc. Prof. Chu Hoang Long from the Australia National University.

Prime Minister Nguyen Xuan Phuc and his Australian counterpart Scott Morrison had a telephone talk on January 21 to discuss bilateral relations as well as regional and international issues of shared concern.

The Governor-General of Australia Peter Cosgrove and his spouse on May 23 started a four-day State visit to Vietnam at the invitation of President Tran Dai Quang.