Politics

Vietnam-Australia relations to continue developing

The comprehensive partnership between Vietnam and Australia will continue to develop in the coming time after the political changes in Australia.
The comprehensive partnership between Vietnam and Australia willcontinue to develop in the coming time after the political changes inAustralia.

Vietnamese Ambassador to Australia Hoang Vinh Thanhmade the remark during a recent interview with Vietnam News Agencycorrespondents in Sydney whilst discussing prospects to furtherstrengthen relations between the two countries after Australia’s generalelection on September 7.

The ambassador stressed that in orderto make the most of the cooperative potential between the two countries,Vietnam should enhance control and management to meet Australia’sstandards for goods imported into the country, while improving theinvestment environment to attract more Australian investors.

Vietnam-Australia trade and investment cooperation has developedstrongly with two-way trade reaching 5 billion USD in 2012, Thanh noted.

Australia is now Vietnam’s eighth largest trading partner andranks 21 st among investors in Vietnam with a total investment of about1.3 billion USD.-VNA
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