Thursday, 16:02 25/04/2019
Australia minister visits Vietnam for tighter economic, cultural ties
Western Australia has strong trade and investment ties with Vietnam as well as historically significant cultural ties with the Vietnamese people.
Western Australia (WA)’s Asian Engagement Minister Peter Tinley has made a visit to Vietnam from 22-26 April to explore how to strengthen and grow economic ties with the Southeast Asian country.
Tinley visited the Vietnamese facilities of WA shipbuilding firm Austal in Ba Ria-Vung Tau Province before travelling to Hanoi for more meetings, including ones with Vietnamese Vice Minister of Industry and Trade Tran Quoc Khanh and Australian Trade Commissioner Shannon Leahy.
Vietnam, which has enjoyed economic growth of over 6.5% in recent year, is WA’s 16th biggest trading partner, with total trade valued close to US$1.2 billion in fiscal year 2017-18.
Western Australia has strong trade and investment ties with Vietnam as well as historically significant cultural ties with the Vietnamese people.
“WA has a vibrant community of Vietnamese-Australians, with the most recent Census data showing 15,845 Vietnam-born people living in WA, an increase of 24.6% since 2011. Vietnamese people make a significant contribution to WA’s economy and community,” said Minister Tinley.
“Since 1990 Vietnam’s GDP per capita growth has been among the fastest in the world, averaging 6.4% a year in the 2000s. There is an obvious ‘fit’ between our two cultures and economies,” he noted, adding education, trade and investment, and tourism offer mutually beneficial opportunities.
WA’s Asian Engagement Minister Peter Tinley visits Interflour in Cai Mep port, Ba Ria-Vung Tau province. Photo: Australian embassy
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Vietnam, which has enjoyed economic growth of over 6.5% in recent year, is WA’s 16th biggest trading partner, with total trade valued close to US$1.2 billion in fiscal year 2017-18.
Western Australia has strong trade and investment ties with Vietnam as well as historically significant cultural ties with the Vietnamese people.
“WA has a vibrant community of Vietnamese-Australians, with the most recent Census data showing 15,845 Vietnam-born people living in WA, an increase of 24.6% since 2011. Vietnamese people make a significant contribution to WA’s economy and community,” said Minister Tinley.
“Since 1990 Vietnam’s GDP per capita growth has been among the fastest in the world, averaging 6.4% a year in the 2000s. There is an obvious ‘fit’ between our two cultures and economies,” he noted, adding education, trade and investment, and tourism offer mutually beneficial opportunities.
