Updated at Sunday, 07 Jan 2018, 16:14 The Hanoitimes – Vietnam Trade Representative in Australia stated that the country continue to be the potential market for Vietnam’s fisheries in 2018. Based on statistics from the Vietnam General Department of Vietnam Customs, in the fist 11 months of 2017, two-way trade value between Vietnam and Australia reached US$ 5.9 billion, in which Vietnam’s export value to Australia was US$ 2.96 billion, up 13% and the import value settled at US$ 2.92 billion, an increase of 32% compared to the same period of 2016. In the past five years, Vietnam has been the largest supplier of processed shrimps for Australia. Among 33 categories of main exporting goods to the Australian market, mobile phones and related acccessories topped the trade value with US% 582.49 million, amounting to 20% of total export value to Australia and an increase of 7% over the last year’s figure; computers and accessories came at second place with US$ 355.38 million, amounting to 20% of export value to Australia with an increase of 13%; crude oil is the third largest traded value with US$ 220.32 million, up 34%; and the fourth is footwear with US$ 205.66 million, up 9%. In the first 11 months of 2017, the majority of Vietnamese goods exported to Australia has experienced an increase in trade value; notably, some categories of goods have high growth rate such as electronic devices of 283%; steel products of 161%; transportation vehicles and autoparts of 86%; toys, sport… [Read full story]
Dragon fruit harvest in Long An province (Photo:VNA)According to a press release published by the Australian Embassy in Vietnam on September 13, the report proposes that the importation of fresh dragon fruit to Australia be permitted from all commercial production areas of Vietnam, subject to a range of biosecurity conditions. The report has been prepared following a review of scientific knowledge concerning pests and diseases of concern, technical discussions with the Plant Protection Division of the Ministry of Agriculture and Rural Development and an inspection of dragon fruit production areas in Vietnam by Australian government officials in June 2016. The…... [read more]
Australia has already completed its preliminary assessment of pests and diseases on the fruit through cooperation between the two governments. Over the next two months, both sides will work together to identify the risks of dragon fruit exports and produce a draft report by the end of this year. In addition, Australia will send experts to Vietnam’s plantations in order to assess the production process of dragon fruit. The Vietnamese government is also working with Australia’s Department of Agriculture and Water Resources to complete the final procedures to grant an import license for Vietnamese mangos, the country's second fruit after…... [read more]
The Vietnam Trade Office in Australia said they are working on market research and promotions to prepare for the arrival of Vietnamese mangos. The Vietnamese Farmers Association in Northern Australia, which has already built well-known brands for Vietnamese mangos in the Australian market, such as 'Vina Mango and T.V Farms' and 'Sai Gon Farm', has promised to help Vietnam export and distribute its off-season mangos. Last year, after 12 years of waiting, Vietnam received approval from Australia’s Department of Agriculture to export lychees to the Australian market.... [read more]
Deputy Chairman of the city’s Union of Business Associations (HUBA) Pham Ngoc Hung said Vietnam is currently benefiting from a preferential tariff scheme which Australia applies for ASEAN member countries under the ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA).However, when the TPP officially comes into effect, Vietnamese businesses will enjoy greater favourable conditions in accessing the Australian market, he added.A representative from Australia’s Victoria State authorities said Vietnamese businesses can invest in some of the state’s potential areas such as construction-real estate, finance, and beauty care service.He noted local authorities will also provide special supporting programmes and treatments when Vietnamese businesses…... [read more]
Illustration photo The Vietnamese Commercial Affairs office in Australia reported that they are conducting a series of activities on market research and business connectivity.Earlier, the Australian Ministry of Agriculture in 2015 permitted the import of Vietnamese litchi. Australia is one of the countries applying the hardest quarantine regulations in the world. Viet Nam must conduct surveys on litchi cultivation zones and packaging units and work with local management agencies on pest control at plantation gardens and on potential of litchi exports.Bringing litchi to Australia not only helps diversify markets for litchi but also creates opportunities for other fruits like dragon fruits, longan and mango to…... [read more]
