July 10, 2025 | 07:36 GMT +7

  • Click to copy
Thursday- 08:39, 04/11/2021

Two-way trade turnover between Vietnam and Australia to top US$15 billion

(VAN) At the meeting on the sideline of COP26, Prime Minister Pham Minh Chinh and his Australian counterpart Scott Morrison discussed about the bilateral economic cooperation and the fight against Covid-19.
PM Morrison pledged 3,7 million additional doses of Covid-19 vaccines to help Vietnam.

PM Morrison pledged 3,7 million additional doses of Covid-19 vaccines to help Vietnam.

On the sideline of the 26th United Nations Climate Change Conference on November 1st  Prime Minister Pham Minh Chinh met with Australian Prime Minister Scott Morrison.

Prime Minister Pham Minh Chinh thanked the Australian Government and Prime Minister Scott Morrison for prompt Covid-19 vaccine and medical equipment donations, a sign of the great relationship between the two countries, helping Vietnam overcome difficulties in the pandemic. Prime Minister Pham Minh Chinh also expressed hope that Australia will continue to accompany and support Vietnam as the epidemic of the Covid-19 has presented as a grim and complex situation. In response, Prime Minister Morrison pledged 3.7 million additional doses of Covid-19 vaccine to help Vietnam prevent and control the epidemic.

The Prime Minister asked Australia to open up its market for Vietnam’s advantageous products. Photo: TL.

The Prime Minister asked Australia to open up its market for Vietnam’s advantageous products. Photo: TL.

Prime Minister Pham Minh Chinh emphasized that Vietnam always attaches importance to the relationship with Australia adding that the two countries should promote trade, connect businesses and localities striving to lift up the two-way trade turnover to US$15 billion.

To achieve the goal, the Prime Minister Pham Minh Chinh asked Australia to open up its market for Vietnamese agricultural products especially seasonal fruits and seafood, continuing to help Vietnam in developing traffic infrastructure, combating climate change, adopting technology and pushing up renewable energy, a topic being discussed at COP26. The Prime Minister also affirmed that Vietnam along with Australia will work closely with other countries for the success of COP26.

The Australian Prime Minister agreed with the proposals of Prime Minister Pham Minh Chinh, showing its strong commitment to promote bilateral relations and boost cooperation in a sustainable way.

Australian Prime Minister Morrison highly appreciated Vietnam’s initiatives and actions to the global effort to address climate change emphasizing that cutting carbon emissions and transformation process must guarantee people’s livelihoods and sustainable economic growth in each country. He also expressed hope that the two countries will boost the cooperation in green energy, inviting Vietnam to attend the clean-energy supply chain summit that Australia will host next year.

The two countries agreed to enhance the exchange of delegation and visits at all levels, maintaining collaboration via face-to-face and online contacts. On this occasion, Prime Minister Pham Minh Chinh also invited his Australian counterpart Scott Morrison to undertake an official visit to Vietnam at an early suitable date.

Author: Quang Linh

Translated by Mai Tham

Squid and octopus exports rebound: Aiming to surpass USD 700 million

Squid and octopus exports rebound: Aiming to surpass USD 700 million

(VAN) Squid and octopus exports have accelerated since the beginning of the year, with expectations to reach the USD 700 million milestone, driven by recovering demand and positive signals from both traditional and emerging markets.

Shrimp exports show strong growth but may slow down

Shrimp exports show strong growth but may slow down

(VAN) Shrimp export growth in May was positive, but businesses are concerned that the recovery momentum in the second half of the year may stall due to uncertainty surrounding U.S. tax policy.

For Vietnamese fruits to access export opportunities

For Vietnamese fruits to access export opportunities

(VAN) To enable Vietnamese fruits to reach further and enter more markets beyond China, specific solutions in production and market development are needed.

Vietnam EUDR-compliant rubber sees strong market demand

Vietnam EUDR-compliant rubber sees strong market demand

(VAN) Vietnamese rubber products that comply with the EU Deforestation Regulation (EUDR) are currently enjoying favorable market demand.

GlobalGAP dragon fruit: The key to conquer any market

GlobalGAP dragon fruit: The key to conquer any market

(VAN) Many farmers in Lam Dong province have gained the confidence to tap into even the most demanding markets by growing dragon fruit in accordance with GlobalGAP standards.

Enhancing market access for Italian agricultural exports to Vietnam

Enhancing market access for Italian agricultural exports to Vietnam

(VAN) Minister Do Duc Duy affirmed that Ministry of Agriculture and Environment will coordinate with the Italian side to resolve technical obstacles and promote bilateral trade.

China tightens safety rules amid dip in Thai durian exports

China tightens safety rules amid dip in Thai durian exports

(VAN) Thailand's durian exports to China fell by approximately 3% from January to June 2025 compared to the same period last year, according to data from Thailand's Department of Agriculture as reported by Bangkokbiznews.

Read more