With its rising costs, China is no longer the go-to destination for many businesses, and Vietnam has arisen as a serious competitor. Recent trends show that the number of orders shifting from China to Vietnam has seen a significant increase. For example, China’s Pearl River Delta, long known as one of...
Australia is the 16th largest shrimp importer in the world, accounting for 1.5% of total global shrimp imports in 2017. Each year Australia imports an average of about 40,000 MT of shrimp from other countries. In 5 years (2013-2017), the import volume of shrimp into Australia reached the highest level...
Kymdan latex mattress exported to Australia has been approved as an Osteopathy Australia endorsed product, which can support treatment in the field of osteopathy. It is the first and only brand of mattress of an Asian firm to earn the recognition. Chairman of the Vietnamese Businesses Association of Australia (VBAA) Tran...
An agriculture official reiterated that farming crawfish in Vietnam is banned after a company in the Mekong Delta province of Dong Thap was found to be raising the animal. Nhu Van Can, Director of the Department of Aquaculture under the Ministry of Agriculture and Rural Development (MARD)’s Directorate of Fisheries,...
A conference introducing export potential of Vietnam’s garments, handbags and leather footwear to the Australia market was held in Hanoi on July 10. The event, co-held by the Hanoi Investment, Trade and Tourism Promotion Agency and Australia International Exhibition and Conference Group (IEC), brought together over 60 Hanoi-based businesses operating...
Australia is a choosy but promising market with large consumption capacity, Vice President of Australia-Vietnam Business Council Cann Lee has said. He noted that penetrating this market is tough, but maintaining a foothold is even more difficult. Speaking at a recent Australia and Vietnam investment and trade expo in Hanoi, Lee...
Trade between Vietnam and Australia in recent years has risen by nearly 10 percent a year on average. Australia is the eighth biggest export partner and the 12th biggest import partner of Vietnam. Vietnam is also the 14th largest trade partner of Australia in terms of both imports and...
The first Mekong Delta Forum on developing the partnership between Vietnam and Australia in organic agriculture was held in An Giang province on January 14. The forum aims to form and develop bilateral partnership in organic agriculture through short-term training courses for scientists, agricultural officials, farmers, and those interested in...
Australia, which needs to import 1.7 – 2 billion USD of fruit and vegetable each year, is a potential market for Vietnamese fruit and vegetable but its strict quarantine regulations remain a great obstacle, said the Vietnam Trade Office in the country. According to the Vietnam Customs, Vietnam exported over...
Australia will review its import risk assessment for uncooked prawns from all countries as well as relax a temporary ban on some prawns products in a move that has heightened speculation about 'systemic failures' in the existing inspection regime. A panel of scientific experts from the Federal Department of Agriculture...