Log in
Business

Vietnam - Australia Trade and Investment Promotion Center debuts

Businesses from Vietnam and Australia will have the opportunity to display and sell goods either directly or through the connection of the center.

The Vietnam - Australia Trade and Investment Promotion Center is expected to continue to be an intermediary that will help more Vietnamese goods to be sold in the Australian market.

 The opening ceremony of the center. Photo: TTXVN

Vietnamese Ambassador to Australia Nguyen Tat Thanh expressed his expectations at the opening ceremony of the center on the occasion of his business trip to the state of Victoria in Australia, on November 20.

The Ambassador said this is an important milestone in the trade relationship between the two countries, which is thriving partly thanks to the significant contribution and support from overseas Vietnamese for Vietnamese commodities.

The Vietnam - Australia Trade and Investment Promotion Center, located in Melbourne, Victoria, is established and operated by the Vietnam Business Association in Australia (VBAA).

The center will promote the placement of Vietnamese goods  on the Australian supermarkets and retail systems. VBAA is coordinating with the Ho Chi Minh City Department of Foreign Affairs to bring high-quality products to Australia, including cashew nuts from Binh Phuoc Province, coconut products from Ben Tre Province, frozen fruits, pepper and other farm produce of Vietnam.

Tran Ba ​​Phuc, Chairman of VBAA, said that the center will be the address to introduce Vietnamese goods to the Australian customers and a platform for business matching between enterprises of the two countries. 

In the long term, it will organize trade fairs on high-quality Vietnamese goods, as well as  seminars on business opportunities and import-export potentials, facilitate the signing of   contracts to bring Vietnamese goods to the Oceania market.

In October, the bilateral turnover between the two countries reached US$10 billion, up 50% over the same period last year.

Reactions:
Share:
Trending
Most Viewed
Related news
Digital platforms team up to boost Vietnamese goods online

Digital platforms team up to boost Vietnamese goods online

Vietnam’s leading e-commerce platforms have joined forces to launch large-scale digital promotions aimed at widening market access and accelerating online consumption of Vietnamese-made goods.

VNPT enters global AI race with new dedicated unit

VNPT enters global AI race with new dedicated unit

Vietnam’s leading telecom group VNPT has launched a dedicated AI company to commercialize Vietnamese-made artificial intelligence products and expand into major international markets.

Vietnam launches AI, semiconductor training centers

Vietnam launches AI, semiconductor training centers

New AI and semiconductor training centers are now open in Vietnam, aiming to boost hi-tech talent, research strength and integration into the global supply chain.

Vietnam explores low-altitude economy as drones reshape agriculture and urban services

Vietnam explores low-altitude economy as drones reshape agriculture and urban services

From farmlands and delivery routes to traffic monitoring and emergency response, unmanned aerial vehicles (UAVs) are rapidly entering Vietnam’s economic life, opening new growth space as cities and provinces accelerate plans for the low-altitude economy.

Vietnam OCOP Festival 2025 honors products as program marks nationwide development milestones

Vietnam OCOP Festival 2025 honors products as program marks nationwide development milestones

The festival aims to promote and honor outstanding OCOP products and producers and to reaffirm Hanoi’s leading role as the country’s “pacesetter” in the One Commune One Product (OCOP) program.

Vietnam posts five-year high FDI disbursement as investor confidence strengthens nationwide 2025

Vietnam posts five-year high FDI disbursement as investor confidence strengthens nationwide 2025

Despite global economic and geopolitical headwinds, foreign capital flows into Vietnam accelerated in 2025, with investment increasingly concentrated in high value-added sectors, highlighting the country’s growing appeal as a stable, long-term destination for investors.

VN-Index set for 2,200-mark next year: JP Morgan

VN-Index set for 2,200-mark next year: JP Morgan

Vietnam’s appeal goes beyond the upgrade, driven by major economic reforms that are lifting business and consumer confidence, as well as improving profit prospects over the next three to five years.

Vietnam to launch smart agriculture innovation center in Lang Son

Vietnam to launch smart agriculture innovation center in Lang Son

The center is expected to bridge gaps in technology testing, connect farmers with researchers and markets and accelerate sustainable, high-tech agricultural development nationwide.