Australia actively implements enhanced economic engagement strategy with Vietnam
The Australia – Vietnam Enhanced Economic Engagement Strategy is helping realise the economic potential exiting between the two nations, the spokesperson for the Australian Department of Foreign Affairs and Trade (DFAT) said on July 22 in response to a question from a Vietnam News Agency correspondent in Sydney.
President Nguyen Xuan Phuc receives Australian Minister of Foreign Affairs Penny Wong. (Photo: VNA)
Sydney (VNA) – The Australia – Vietnam EnhancedEconomic Engagement Strategy is helping realise the economic potential exiting betweenthe two nations, the spokesperson for the Australian Department of Foreign Affairsand Trade (DFAT) said on July 22 in response to a question from a Vietnam NewsAgency correspondent in Sydney.
According to the spokesperson, the Australian Government isworking with industries to implement activities in support of the strategy’sobjectives to double two-way investment and become each other's top ten trading partners.
The spokesperson said Australia and Vietnam sharea commitment to reaching net zero by 2050, citing Australian Minister forForeign Affairs Penny Wong’s statement that the transition to cleaner,affordable energy is an economic opportunity that both countries are eager toseize.
"Australia is doubling its commitment to climate finance fordeveloping countries in the Indo-Pacific to 2 billion USD over the 2020-2025period. In addition to this, we are supporting farmers in Southeast Asia withdrought- and flood-resistant rice varieties that increase their harvests, andhelping farmers trial approaches that reduce the greenhouse gas emissions fromtheir rice fields," the spokesperson said.
The Australian government has confirmed publicly that it respectsthe Agriculture Visa agreement already signed with Vietnam and is in discussionwith the Vietnamese Government on how to deliver on this commitment./.
The Australia-Vietnam Business Council (AVBC) held a conference in Sydney on June 23 to promote trade and investment partnerships through the strengthening of the Australia-Vietnam Enhanced Economic Engagement Strategy that was reached between the two countries in late 2021.
Minister of National Defence Gen. Phan Van Giang received outgoing Australian Ambassador to Vietnam Robyn Mudie in Hanoi on June 24, highly valuing the latter’s contributions to the two countries’ strategic partnership in multiple aspects, including defence cooperation.
Prof. Dr. Nguyen Xuan Thang, Director of the Ho Chi Minh National Academy of Politics (HCMA) and visiting Australian Minister for Foreign Affairs Penny Wong jointly pressed the button to inaugurate a portal of the Vietnam-Australia Centre (VAC) on June 27.
Minister of Foreign Affairs Bui Thanh Son and his Australian counterpart Penny Wong held talks on June 27 as part of the latter’s ongoing official visit to Vietnam from June 26-28.
Prime Minister Pham Minh Chinh on June 27 received Australian Minister for Foreign Affairs Penny Wong, who has been on a three-day official visit to Vietnam.
The trip will be made at the invitations of Chinese Premier Li Qiang and WEF President and CEO Børge Brende, according to an announcement from the Ministry of Foreign Affairs.
Long spoke highly of the dynamic, positive, and comprehensive development of Vietnam – Russia relations in recent years. He affirmed that the Vietnamese Party and State place great importance on further strengthening the comprehensive strategic partnership with Russia in a substantive and effective manner, in line with the development needs of both nations.
At the conference, participants reported that the Government has so far issued 28 decrees on the delegation of responsibilities and powers between the central Government and two-tier local administrations. Several localities have already piloted the new governance model.
Reality is the ultimate benchmark for success, he said, urging drafting agencies to work out policies that foster development, reduce bureaucratic hurdles, and respect practical conditions.
Under the official dispatch signed on June 20, ministers, heads of ministerial-level agencies, and chairpersons of provincial and municipal People’s Committees are requested to concentrate efforts on implementing core measures to ensure the smooth operations of the new administrative framework.
The Party chief underscored the need for the press to innovate relentlessly, evolve to keep pace with the country's development, transform into a truly professional, humanistic, and modern sector that serves the cause of the Party, the State, and the people on the path to national construction and development.
The UN Secretary-General praised Vietnam’s remarkable achievements in socio-economic development and international integration in recent years, noting that the country has emerged as a model in implementing the Sustainable Development Goals (SDGs), promoting international peace and security, and engaging in key UN processes.
Nghia affirmed that this is a milestone of special significance, affirming and honouring the the Vietnamese revolutionary press’s glorious tradition of 100 years of serving the revolutionary cause of the Party, serving the Fatherland, and serving the people.
The Party and State of Vietnam always attach great importance to and give top priority to the development of Vietnam–China relations. Vietnam is ready to work with the Chinese Party and State to further deepen the Comprehensive Strategic Cooperative Partnership and promote the building of the Vietnam-China community with a shared future that carries strategic significance.
Under the leadership of President Ho Chi Minh and the CPV, President Cuong said, the press has been a steadfast force on the ideological and cultural front, rallying the masses to pursue national aspirations.
NA Chairman Tran Thanh Man stressed the need to accelerate the application of artificial intelligence and smart teaching equipment, innovate teaching and assessment methods, and further improve the quality of formal education.
He also pledged that the NA will promote its ongoing supervision, making sure that every promise must lead to results, and every commitment must bring about real changes.
Minister of Industry and Trade Nguyen Hong Dien welcomed the proposals put forward by the US side and reiterated Vietnam’s request for consideration of key areas of interest, including reciprocal tariff policies and access for Vietnamese key export products to the US market.
Deputy PM Le Thanh Long proposed countries promote shared values, including building trust, sincerity, and solidarity among nations and peoples; fostering cooperation spirit and responsible behaviour as well as upholding international law and the UN Charter; and placing people at the centre and as the goal, the key player, and the driving force of all policies.
The show, together with a grand parade to be held silmutaneously at Ba Dinh Square in Hanoi, will celebrate the 80th anniversary of the August Revolution, the National Day, and the General Staff of the Vietnam People’s Army (VPA).
In particular, in April 2023, the two sides successfully carried out a joint operation that dismantled a major organised, transnational drug trafficking ring involving both Vietnamese and Cambodian suspects.
The Vietnamese Embassy in Israel is closely coordinating with relevant local agencies to stay informed and provide the utmost support possible for Vietnamese nationals.
The launch of Thanh Nien (Young People) newspaper in 1925, even before the founding of the Communist Party of Vietnam, is considered a testament to President Ho Chi Minh’s strategic foresight and strong belief in the guiding power of the revolutionary media.
President Nguyen Xuan Phuc receives Australian Minister of Foreign Affairs Penny Wong. (Photo: VNA) 
