Australia - Vietnam Enhanced Economic Engagement Strategy

Vietnam and Australia share an ambition to boost bilateral trade and investment to support both countries’ sustainable, inclusive economic growth. The Strategy and its Implementation Plan set out a vision for how we can work together to strengthen two-way trade and investment.

Case Study of Australian investment in Vietnam: SunRice acquisition of a rice processing mill in Dong Thap Province, Vietnam

Harnessing opportunities in key sectors

This section identifies a number of key sectors in which Vietnam and Australia have particular strengths and which provide opportunities to further develop the trade and investment relationship.

Strategy Report

Overview

Vietnam and Australia share an ambition to boost bilateral trade and investment.

COVID-19 early recovery

The COVID-19 pandemic caused an economic shock globally, but affected every country and market sector differently.

Fostering fertile business and investment environments

Differences in legal and regulatory systems, cultural practices and language present challenges for new market entrants in both countries.

Harnessing opportunities in key sectors

This section identifies a number of key sectors in which Vietnam and Australia have particular strengths and which provide opportunities to further develop the trade and investment relationship.

Promoting free and open trade internationally

Australia and Vietnam recognise the rules-based global trading system as the basis for open international trade based on market principles.