Vietnam-Australia trade rises 4.7 percent each year: MoIT
Six years after implementing the ASEAN-Australia-New Zealand Free Trade Area, trade between Vietnam and Australia has increased 4.7 percent each year on average, according to the Ministry of Industry and Trade (MoIT).
Latest
| TIN LIÊN QUAN | |
 | Vietnam to export dragon fruit to Australia |
| Vietnam, Australia cooperate in combating illegal fishing |
Last year, trade between the two countries reached 5.26 billion USD, up 6.5 percent from 2015, with Vietnam’s trade surplus sitting at 480 million USD.
 |
| Vietnam is the biggest shrimp supplier of Australia. (Photo: vnr500) |
During a conference held by the Department of Asian Market on August 31, the MoIT said that Australia has high demand for goods from Asia-Pacific and has become an important market for Vietnam.
Popular Vietnamese exports to Australia include aquatic products, consumer goods, apparel, footwear and wooden products due to preferential tax deals in the ASEAN-Australia-New Zealand Free Trade Area, added the ministry.
 | Vietnam, Australia to collaborate in agricultural research The Ministry of Agriculture and Rural Development (MARD) and the Australian Centre for International Agricultural Research (ACIAR) have signed a letter of intent to enhance ... |
 | Vietnam promotes tourism in Australia A programme was held in Sydney on August 17 to introduce the beauty of Vietnamese land, people and culture to Australians. |
 | Australia not decides to apply anti-dumping duties on Vietnam’s wind towers The Anti-Dumping Commission of Australia (ADC) chose not to apply anti-dumping duties on wind towers imported from Vietnam 60 days after it began investigating the ... |
(Source: VNA)
