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PM calls for efforts to raise Vietnam–Australia trade to 20 billion USD

PM Pham Minh Chinh expressed pleasure at the rapid and substantive progress of the Vietnam - Australia Comprehensive Strategic Partnership.
Prime Minister Pham Minh Chinh (R) receives Australian Minister for Foreign Affairs Penny Wong in Hanoi on August 20. (Photo: VNA)
Prime Minister Pham Minh Chinh (R) receives Australian Minister for Foreign Affairs Penny Wong in Hanoi on August 20. (Photo: VNA)

Hanoi (VNA) – Prime Minister Pham Minh Chinh suggested Vietnam and Australia discuss ways to boost two-way trade to the 20 billion USD target, especially via the opening of markets and facilitation of exports from both countries.

The leader made the suggestion at a reception in Hanoi on August 20 for Australian Minister for Foreign Affairs Penny Wong, who is in Vietnam to co-chair the 7th Vietnam - Australia Foreign Ministers’ Meeting.

PM Chinh commended Minister Wong for her contributions and effective cooperation between the two foreign ministries in advancing Vietnam - Australia relations.

He extended greetings to Australian leaders, and once again congratulated his Australian counterpart Anthony Albanese on the Labour Party’s victory in the May 2024 general election. He also expressed hope to host Albanese in Vietnam soon.

The host expressed pleasure at the rapid and substantive progress of the bilateral Comprehensive Strategic Partnership. The two sides have been rolling out joint projects and activities under their Action Plan on schedule. Two-way topped 14 billion USD in 2024, supported by reciprocal mꦇarket openings for farm produce. Vietnam exported passion fruit to Australia for the first time, while Australian plums entered the Vietnamese market. Registered FDI from Australia has exceeded 3 billion USD, and Australia has raised its official development assistance for Vietnam to 96.6 million AUD.

Looking ahead, he said there remains vast potential for cooperation. He urged both sides to continue effectively carrying out the Action Plan, hold regular dialogues and consultations to fortify political trust.

The host suggested further expanding defence and security cooperation, particularly iജn cybersecurity, digital transformation and equipment support to enhance Vietnam’s capacity. Sharing Vietnam’s vision on sci-tech, innovation and digital transformation, he hoped to see breakthroughs in collaboration in these fields, especially in human resource training and biomedical technology.

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At the reception (Photo: VNA)

Wong expressed her honour to visit Vietnam at a time when the country is preparing to celebrate the 80th anniversary of its founding, noting that this is an important moment for both nations to reflect on history and shape future cooperation.

She affirmed that the Australian Government attaches great importance to Vietnam’s role in the region as well as to bilateral relations, and wishes to discuss measures to further deepen the partnership, based on common views and visions on bilateral, regional, and international issues.

Wong pledged to make efforts to advance the sides’ Comprehensive Strategic Partnership, including strengthening defence and security ties, expanding collaboration in science and technology, digital transformation and innovation, education and training, and human resources development through ODA projects and investment funds.

She also committed to enhancing bilateral coordination to contribute to regional peace, stability, and cooperation, and upholding respect for international law, while underlining the importance of maintaining peace, stability, safety, and freedom of navigation and overflight, in line with international law, including the 1982 United Nations Convention on the Law of the Sea (UNCLOS)./.

VNA
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The NA Standing Committee temporarily suspends Thuc’s duties and power as an NA deputy, effective from the date of the resolution. (Photo: Nhandan.vn)

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☕ Afternoon briefing on September 15

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The following is a brief review of the day’s events as reported by the Vietnam News Agency.
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Permanent Deputy Minister of Foreign Affairs and Chairman of the Vietnam National Commission for UNESCO Nguyen Minh Vu. (Photo: VNA)

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An art performance at the festival (Photo: VNA)

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The festival drew large crowds, featuring cultural and artistic performances, sports activities, traditional games, and visits to exhibition booths showcasing Vietnamese and US culture and cuisine, achievements in Vietnam–US diplomatic relations, and highlights of Can Tho.
Party General Secretary To Lam delivers remarks at the ceremony on September 14. (Photo: VNA)

Party leader delivers speech at Vietnam News Agᩚᩚᩚᩚᩚᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ𒀱ᩚᩚᩚency’s 80th anniversary celebration

Party General Secretary To Lam especially commended the merits and contributions by generations of leaders, staff, reporters, technicians, and workers of the Vietnam News Agency throughout different periods, who have contributed to the revolutionary cause of the Party and nation while helping to shape the annals of Vietnam’s revolutionary press.
Liberation Press Agency and Vietnam Thong tan xa (VNTTX) reporters covering the Ho Chi Minh Campaign, April 1975 (Photo: VNA)

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NA Chairman Tran Thanh Man (centre) presents the "For the Cause of the Vietnamese National Assembly" insignias to Minister of Science and Technology Nguyen Manh Hung (L) and Chairman and General Director of the Viettel Military Industry and Telecoms Group Tao Duc Thang. (Photo: VNA)

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