Australian policy think tank hails Vietnam’s economic dynamism within ASEAN

(VOVWORLD) - PM Pham Minh Chinh and his spouse will attend the ASEAN-Australia Special Summit to commemorate the 50th anniversary of the two sides’ dialogue relations, and pay official visits to Australia and New Zealand from March 5-11, the Ministry of Foreign Affairs has announced.
Australian policy think tank hails Vietnam’s economic dynamism within ASEAN - ảnh 1The Interpreter, a publication of the Australian-based international policy think tank The Lowy Institute, has recently published two articles mentioning the Vietnam-Australia relations and Vietnam's economic potential within ASEAN. (Photo: VNA)

On this occasion, the Interpreter, a publication of the Australian-based international policy think tank The Lowy Institute, has published two articles mentioning the Vietnam-Australia relations and Vietnam's economic potential within the Association of Southeast Asian Nations (ASEAN).

In an article titled “What to watch at the ASEAN-Australia summit,” author Susannah Patton wrote: “Most of the ASEAN leaders will be visiting Australia for the first time, at least in their terms in office. This means a big focus will be on relationship building.”

The article noted that Vietnamese Prime Minister Pham Minh Chinh and his Philippine and Malaysian counterparts Ferdinand Marcos and Anwar Ibrahim are undertaking separate bilateral programs to mark their first visits to Australia since taking office.

The summit will include a CEO Forum and briefings to help Australian small- and medium-sized enterprises do business in Southeast Asia, it said.

Meanwhile, another article titled “The parts within the whole: Understanding Southeast Asia’s economies" by Hannah Denson, assessed that Vietnam’s large manufacturing base and low-cost production have made it a key trade beneficiary as global companies shift. Combined with the return of overseas tourists, this partly explains Vietnam’s steady 5.1% growth rate in 2023.

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