To celebrate the 50th anniversary of diplomatic relationship between Vietnam and Australia, the Australian Trade and Investment Commission (Austrade) is collaborating with business and government in Hanoi, Hue and Danang to deliver the Vietnam – Australia: Unlocking Opportunities in Education and Agrifood roadshow series starting Monday 27 March in Hanoi with participation of over 400 Australian and Vietnamese businesses, organisations, associations and institutions.
Austrade is working with the Ministry of Agriculture and Rural Development in Hanoi for the program of Monday 27 March, and the People’s Committee of Thua Thien Hue province to deliver the program in Hue on Wednesday 29 March and the People’s Committee in Danang to deliver the program on Friday 31 March 2023.
Vietnam and Australia enjoy a strong, expansive, and enduring agricultural and educational trade partnership that continues to flourish across all domains. Both nations are forging ever-deeper linkages in agricultural trade and investment, education partnerships, Agri-Tech, Ed-Tech, and research.
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. Showing by the significant student mobility from Vietnam to Australia and growing number of Australian institutions with programs delivered locally in Vietnam and research collaborations with Vietnamese institutions.
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.
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 27th 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. This involves identifying the potential of Vietnamese market for Australian delegate, as well as giving Vietnamese participant the better understanding of Australian capabilities and product’s quality. Australian exports of consumer-ready dairy, seafood, wine, fresh horticultural produce and quality meats provide the Vietnamese domestic market with greater diversity, extended windows of seasonal availability and enhanced consumer choices. Importantly these high-end products also support the enrichment of Vietnam’s reputation as a global food and culinary destination further bolstering Vietnam’s attraction to international tourists.
Mr Andrew Goledzinowski – Australia’s Ambassador to Vietnam shared at the kick-off event in Hanoi on 27th March: “This program will deepen engagement and expand opportunities for Australian and Vietnamese partners in agrifood and education sector to meet, share industry and discuss commercial partnerships. I am pleased to see participation from all major retail and distribution chains, the food service industry, schools, universities, colleges and education agents. 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.”
The project is expected to have a significant impact on trade between Vietnam and Australia. By unlocking new opportunities in education and agrifood, the project will create new partnerships and collaborations that will benefit both countries.
MEDIA CONTACT: Ms. Huong Tran Marketing Manager Australian Trade and Investment Commission (Austrade) Mobile: 093 444 5303 Email: [email protected]