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Source: VGP

Vietnam among important partners of Australia, diplomat says

Australian Consul General John McAnulty stressed that Vietnam is among most important partners of Australia in the region.

Australian Consul General John McAnulty stressed that Vietnam is among most important partners of Australia in the region.

The diplomat made the statement at a ceremony held in Ho Chi Minh City on March 27 to celebrate the 40th anniversary of diplomatic ties between the two countries.

Both sides are cooperating in a number of key areas like education, development assistance, trade, investment, security, trans-national crime prevention.

In infrastructure field, Australia provided financial support for the construction of My Thuan, a cable-stayed bridge connecting Cai Be District of Tien Giang and Vinh Long city of Vinh Long province. The country also committed to contributing US$168 million dollar for building another major bridge in the Mekong Delta.

Regarding trade ties, the two-way trade grew over 20%/year and reached US$5 billion in 2012, or 150 times compared to 20 years ago.

As of February this year, Australia had 111 projects with total investment of US$157.2 million.
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