After a challenging year in 2023, Vietnam's economy has shown signs of positive recovery in 2024, thanks to decisive, dynamic and effective actions and directions by the Vietnamese Government, according to Prof. Chu Hoang Long, Director of the Vietnam Policy Research Centre at the Australian National University.
Simon White, President of the Australia-Vietnam Business Council in Queensland, on October 8 said the Australian state places importance on Vietnam – its fifth largest export market, and hopes for stronger cooperation with businesses and localities of the Southeast Asian nation.
Deputy Foreign Minister Do Hung Viet and Australian Deputy Secretary of Foreign Affairs and Trade Michelle Chan co-chaired the 9th Vietnam-Australia diplomacy-defence dialogue in Hanoi on August 26.
The Vietnam-Australia relationship is expected to be elevated to a comprehensive strategic partnership, which demonstrates their high political trust, an expert has said.
Prime Minister Nguyen Xuan Phuc and his Australian counterpart Malcolm Turnbull signed a joint statement on the establishment of the Vietnam-Australia Strategic Partnership following their talks in Canberra, Australia on March 15 as part of the Vietnamese PM’s official visit.
