PM calls for 20 billion USD two-way trade with Australia

(VOVWORLD) -Prime Minister Pham Minh Chinh urged the promotion of economic, trade, and investment ties to raise two-way trade to 20 billion USD during his reception for newly appointed Australian Ambassador Gillian Bird in Hanoi on Wednesday. 

PM calls for 20 billion USD two-way trade with Australia  - ảnh 1Prime Minister Pham Minh Chinh receives Australian Ambassador to Vietnam Gillian Bird. Photo: Lai Hoa/VOV

The PM called on the ambassador to closely coordinate with ministries and agencies of both countries to effectively implement agreements between the two sides. He stressed the importance of enhancing political relations through high-level visits and exchanges, maintaining bilateral cooperation mechanisms, and strengthening mutual political trust and sincere cooperation. Vietnam and Australia have highly complementary economies in terms of markets, labor, and natural resources, offering great cooperation potential that should be further tapped, Mr. Chinh said.

The PM asked Australia to continue granting scholarships and creating opportunities for Vietnamese students to study in Australia, while further enhancing educational cooperation, including elevating RMIT University into a flagship project symbolizing bilateral collaboration in higher education.

For her part, Ambassador Bird commended the Vietnamese Government’s strong determination to advance institutional and legal reforms, affirming that both the Australian Government and she personally support and are eager to accompany Vietnam in its reform path. 

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