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

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.

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.