Friday, December 15, 2017

Business - Economics

Merchandise trade

Merchandise trade

In 2005-2006, two-way goods trade between Australia and Vietnam totalled $5.08 billion. Two-way services trade added an additional $669 million.
The Australian Minister for Trade

The Australian Minister for Trade

Warren Truss and the Vietnamese Minister of Planning and Investment, HE Vo Hong Phuc, co-chaired the 7th Australia-Vietnam Joint Trade and Economic Cooperation Committee on 16-17 July in Canberra.  The Ministers issued a Joint Communiqué.Australian interest in Vietnam as an investment destination is growing, although this has not yet resulted in significant increases in the number or value of new Australian-related projects in Vietnam
Services trade

Services trade

Services exports to Vietnam in 2005 were worth A$225 million. Education and training remains Australia's single largest services export, worth A$137 million per annum. Services imports from Vietnam in 2005 were valued at A$390 million, dominated by tourism-related spending (A$276m).
Export and Investment Opportunities for Australia in Vietnam

Export and Investment Opportunities for Australia in Vietnam

Vietnam's rapid economic growth over recent years has led to large demand for imported goods, creating significant opportunities for Australian exporters of metals, wheat, dairy produce, machinery, petroleum-based products and live animals. The recent tremendous surge in gold exports looks to have been driven by ongoing cuts in import tariffs on the product, and also Vietnamese buyers looking to diversify supply away from traditional European sources.
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