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Chairpersons

Vietnam and Australia Strengthen Ties through Enhanced Cooperation

Strategic Insights

— 1 min read

Vietnamese National Assembly Chairman Vuong Dinh Hue expressed hope for enhanced ties through various channels, including the Party, State, Parliament, and people-to-people exchanges, during his visit to Australia. Hue praised Australia's assistance to Vietnam in joining United Nations peacekeeping missions and providing language training for military personnel. The two countries also discussed strengthening cooperation at multilateral mechanisms, including the ASEAN Defence Ministers' Meeting Plus, and resolving disputes in the East Sea through peaceful measures.

Key Takeaways:

  • Vietnam and Australia have strengthened ties in all aspects, including national defence and security, with Australia providing language training for Vietnamese military personnel and helping Vietnam deploy a level 2 field hospital in South Sudan.
  • The two countries have agreed to establish a ministerial-level defence consultation dialogue and update the Joint Vision Statement promoting defence cooperation signed in 2018.
  • Vietnam and Australia have consented to strengthen cooperation at multilateral mechanisms, including the ASEAN Defence Ministers' Meeting Plus, and settle disputes in the East Sea via peaceful measures in accordance with international law.
  • The two countries have also agreed to intensify bilateral defence-security cooperation, with Australia continuing to support the training of military officers, peacekeeping missions, and sending naval ships to visit Vietnam.
  • Australia has expressed its intention to become a renewable and clean energy powerhouse and will continue cooperating with Vietnam in this field.
  • In the first nine months of this year, two-way trade between the two countries soared by over 30% annually to 12 billion USD, making Australia the seventh largest trade partner of Vietnam.

Statistics:

  • Vietnam and Australia have a bilateral trade value of 15 billion USD for the whole year.
  • In the first nine months of this year, two-way trade between the two countries soared by over 30% annually to 12 billion USD.
  • Australia is striving to become a renewable and clean energy powerhouse and will continue cooperating with Vietnam in this field.
  • Vietnam is one of Australia's largest trade partners, with a bilateral trade value of 15 billion USD for the whole year.

Sources:

  • "Vietnam News Agency" (original source)

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