Vietnam-Australia trade surges 32 percent in Q1 Business

Vietnam-Australia trade surges 32 percent in Q1

Bilateral trade between Vietnam and Australia is growing strongly, reaching 1.38 billion USD in the first quarter of 2022, a surge of 32.36 percent against the same period last year, according to the General Department of Vietnam Customs.
Exports to Australia rising sharply Business

Exports to Australia rising sharply

Despite the COVID-19 pandemic’s impact on global trade, Vietnam’s exports to Australia grew 62.08 percent year-on-year in January to almost 391 million USD, data shows.
Vietnamese enterprises contribute to Vietnam-Australia trade Business

Vietnamese enterprises contribute to Vietnam-Australia trade

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.
Opportunity for Vietnam to export rice to Australia Business

Opportunity for Vietnam to export rice to Australia

SunRice CEO Rob Gordon, head of Australia’s largest rice supplier, has announced that Australia is suffering a massive shortage of domestic rice supplies and would be forced to rely on imported Vietnamese rice in the lead up to Christmas 2020.
Experts: Vietnam-Australia trade set to grow Business

Experts: Vietnam-Australia trade set to grow

Bilateral trade between Vietnam and Australia is poised to grow thanks to lower tariffs under free trade agreements, according to Vo Tan Thanh, Vice Chairman of the Vietnam Chamber of Commerce and Industry (VCCI).
Vietnam-Australia trade ties thriving Business

Vietnam-Australia trade ties thriving

Vietnam and Australia have opportunities to advance their economic and trade ties, said Secretary of the Ho Chi Minh City Party Committee Nguyen Thien Nhan.
Vietnam-Australia trade booming Business

Vietnam-Australia trade booming

Vietnam is Australia’s fastest growing ASEAN trading partner as a result of trade deals like ASEAN Australia New Zealand FTA and proposed ones like the RCEP and TPP, HSBC has said in a recent report.
Prospects for Vietnam-Australia trade after TPP Business

Prospects for Vietnam-Australia trade after TPP

Trade between Vietnam and Australia is expected to see strong growth once the Trans-Pacific Partnership (TPP) agreement – which involves the two of them and 10 other countries – comes into effect.