Participants at the event
The project, which was organised to celebrate the 50th anniversary of diplomatic relationship between Vietnam and Australia, is expected to have a significant impact on trade between the two countries.
Austrade is delivering two roadshows in six different cities of Vietnam including Hanoi, Hue, Danang in March 2023 and Ho Chi Minh City, Nha Trang and Can Tho in September.
It will provide opportunities and Australian and Vietnamese businesses and institutions to connect and collaborate in different regions of Vietnam.
The first phase of program is launched in Hanoi – Hue – Danang from 27 th March to 31st March 2023 that connects more than 400 Australian and Vietnamese businesses, organisations, associations and institutions.
In education session, Vietnamese institutions are introduced about Australian expertise and excellence in education and training from 22 leading Australian universities and academic institutions. This session provides opportunities for institutional linkages, recruitment and commercial partnerships.
In the agrifood session, Australian and Vietnamese businesses will explore opportunities to increase trade.
“I am pleased to see participation from all major retail and distribution chains, the food service industry, schools, universities, colleges and education agents,” he said. “From Australia, I am proud to see the high-quality diverse product on show from our exporters and educational institutions, which truly represents the world-class provenance, innovation and diversity of Australia.”
Vietnam has been one of Australia's fastest-growing trading partners in recent years and the two-way trade between Australia and Vietnam in 2022 grew around 27 per cent on the previous year to around A$23.5 billion, elevating Australia to be Vietnam’s 7th largest trading partner with Vietnam now Australia's 10th largest trading partner.
The two-way trade in agriculture, fisheries and forestry products surpass the impressive milestone of A$6 billion for the first time in 2022, having more than doubled over the past two years. While the education cooperation has evolved over recent decades, starting with the bilateral scholarship program, the relationship in education sector has rapidly developed in terms of both depth and breadth.
Vietnam is the 5th largest source markets of international students to Australia with 27,000 student enrolments and over 8,000 Vietnamese undertaking an Australian qualification in Vietnam. There are currently 300 collaborative training programs which include articulation and joint training programs between Australian and Vietnamese institutions. Over 80,000 Vietnamese alumni graduated from Australian education institutions are currently working in Vietnam.
