Vietnam, Australia Take Advantage of FTAs
Delegates attending the meeting at the Ministry of Industry and Trade headquarters in Hanoi. Photo: MoIT Vietnam and Australia have shown strong resolve to effectively implement free trade agreements (FTAs) of which both are members in an effort to ramp up bilateral economic and trade cooperation. The agreement was reached during the fourth meeting of the trade working group within the framework of the Ministerial-level Vietnam-Australia Economic Partnership, virtually held on March 30, VOV reported. The online meeting brought together representatives of ministries in charge of foreign affairs, trade, investment, science, energy, agriculture, and natural resources of the two countries. The two sides shared the view that the Vietnam – Australia trade cooperation has grown considerably in recent times, with their two-way trade hitting USD 15.7 billion last year, making Australia the seventh largest trading partner for Vietnam. In the first two months of 2023 alone, bilate...