Australia’s Victoria State to open Trade and Investment office in HCM City
VGP – The Victorian Government announced on October 22 it will be setting up the 23rd Trade and Investment office in Ho Chi Minh City to deepen Victoria’s relationship and drive new trade, investment and exchange opportunities for Victorian and Vietnamese businesses.
Viet Nam is Australia’s fastest growing export market in Southeast Asia, and Victoria’s Southeast Asia Trade and Investment Strategy has identified Viet Nam as a priority market and emphasizes opportunities to grow Victoria’s higher education and vocational education services.
The Victorian Government assesses that Viet Nam is one of Southeast Asia’s powerhouses and emerging economies of the 21st century that’s experiencing strong economic growth and is open to enhancing two-way economic ties with Victoria.
More than 13,000 Vietnamese students are enrolled in Victorian educational institutions, and Viet Nam accounts for Victoria’s third largest source of international students, which has played a significant role in strengthening our connections with the country.
The announcement came on the back of the government’s plans to provide Avalon Airport as the gateway for VietJet Air to start operating direct flights to Ho Chi Minh City from around mid-2020.
50,000 Vietnamese tourists visited Victoria last year. Since 2016, the Governor of Victoria and Victorian ministers have visited a number of Southeast Asian countries, including Viet Nam.
By Thuy Dung
