Deputy PM Trinh Dinh Dung (fourth from left) attends the event in Melbourne (Source: VNA)Melbourne (VNA) – An eventpromoting Vietnamese products in Australia took place in Melbourne, Victoriastate for the first time on November 26-27.
The event, arranged by Ho Chi Minh Cityauthorities, featured 50 pavilions run by 34 businesses, including 24 Vietnamesefirms.
Addressing the opening ceremony, DeputyPrime Minister Trinh Dinh Dung underlined that the strong development of theVietnam-Australia strategic partnership has offered new economic cooperationopportunities for businesses from the two nations.
He called on firms to grasp the chances tobolster investment and trade in a bid to double two-way investment.
Vice Chairman of the HCM City People’sCommittee Tran Vinh Tuyen said the event is designed to help firms from thecity bolster cooperation and connections with their Australian counterparts.
Through the event, HCM City is ready to welcomeproducts from Melbourne and Victoria, with the aim of making the two sidesbecome significant trade partners, he added.
Australia is currently Vietnam’s eightleading trade partner, while HCM City has attracted many investors from thecountry. To date, Australian firms have channelled 197.3 million USD into 197projects in Vietnam’s southern economic hub, mostly in industry and services.
In 2018, two-way trade between HCM City andAustralia hit nearly 979 million USD, of which exports to Australia reaching578.5 million USD. The city’s main exports included computers, electronics andcomponents, garment-textile, footwear and machinery.
Import-export activities between Vietnamand Australia have also increased after the ASEAN-Australia-New Zealand freetrade agreement took effect./.
The event, arranged by Ho Chi Minh Cityauthorities, featured 50 pavilions run by 34 businesses, including 24 Vietnamesefirms.
Addressing the opening ceremony, DeputyPrime Minister Trinh Dinh Dung underlined that the strong development of theVietnam-Australia strategic partnership has offered new economic cooperationopportunities for businesses from the two nations.
He called on firms to grasp the chances tobolster investment and trade in a bid to double two-way investment.
Vice Chairman of the HCM City People’sCommittee Tran Vinh Tuyen said the event is designed to help firms from thecity bolster cooperation and connections with their Australian counterparts.
Through the event, HCM City is ready to welcomeproducts from Melbourne and Victoria, with the aim of making the two sidesbecome significant trade partners, he added.
Australia is currently Vietnam’s eightleading trade partner, while HCM City has attracted many investors from thecountry. To date, Australian firms have channelled 197.3 million USD into 197projects in Vietnam’s southern economic hub, mostly in industry and services.
In 2018, two-way trade between HCM City andAustralia hit nearly 979 million USD, of which exports to Australia reaching578.5 million USD. The city’s main exports included computers, electronics andcomponents, garment-textile, footwear and machinery.
Import-export activities between Vietnamand Australia have also increased after the ASEAN-Australia-New Zealand freetrade agreement took effect./.
VNA
