Vietnam News Today (Dec. 23): More Opportunities to Increase Vietnam – Australia Economic Cooperation

	Vietnam News Today (Dec. 21): Vietnam And Singapore Examine Ways to Foster Strategic Partnership
	Vietnam News Today (Dec. 22): Vietnamese, Indian Coast Guards Conduct Joint Sea Exercise

Vietnamese shrimp on display for sale at Coles store in Australia.

More opportunities to increase Vietnam – Australia economic cooperation

Vietnam and Australia still hold great potential for economic, trade, investment cooperation, particularly in areas such as agriculture, food processing, renewable energy, and digital economy development, according to Nguyen Phu Hoa, trade councilor of the Vietnam Trade Office in Australia.

Hoa quoted statistics indicating that the past 11 months saw exports from Vietnam to Australia grow by 24.4% compared to the same period last year, significantly higher than the national average export growth of 14.4%.

Many products showed strong growth, such as machinery and equipment up 108.3%, agricultural products up 27%, seafood up 10%, textiles up 21.5%, wood and wood products up 45%, electrical cables up 58.8%, rice up 18.75%, pepper up 48%, and coffee up 58.4%.

Australia is gradually becoming a key supplier of raw materials for Vietnam’s strong manufacturing industry, with about 80% of imports being raw materials and input supplies. Vietnam exports a wide range of products to Australia, including machinery and equipment, transport vehicles and spare parts, textiles, footwear, agricultural and seafood products, and construction materials.

Hoa told Vietnam News Agency that the Vietnam Trade Office in Australia is not only focused on import-export activities but is also proactively contributing to important national initiatives, such as proposing cooperation in the semiconductor industry, digital economy, establishment of financial centers, mineral supply chains, energy, infrastructure investment, as well as green economy and circular economy cooperation to develop a green material supply chain linking both economies.

Hoa cited a report by the Australian Strategic Policy Institute, saying Australia has strong research and development (R&D) capabilities for semiconductor manufacturing, but it has limited human resources. The Vietnam Trade Office has made proposals in three areas, namely financial investment from Australia into Vietnam’s semiconductor manufacturing; sending human resources from Vietnam to Australia in the near future; and a 2+1 cooperation model where Vietnam and Australia cooperate by leveraging each other’s strengths while integrating US technology.

According to Hoa, Australia is recognized as the fourth largest financial center in the world and the largest in Asia in terms of investment fund assets. It is also one of the most efficient financial centers globally, according to the World Economic Forum. The Trade Office has proactively worked with investment funds and banks to generate interest in the Vietnamese market, in an effort to develop financial centers locally.

In 2024, the Vietnam Trade Office in Australia directly collaborated with the Ho Chi Minh City Investment and Trade Promotion Center (ITPC) and the Investment and Finance Network Australia (IFN-Australia.com), a voluntary network of investment funds in Australia, to support ITPC in organizing two major forums in Sydney and Melbourne to attract investment.

Many investment funds that worked with the Trade Office after these events expressed interest in participating in the formation of financial centers in Vietnam.

Regarding the mining and energy supply chain, Hoa noted that the Vietnam Trade Office has proposed and engaged with stakeholders such as the Minerals Council of Australia, the Australian Trade and Investment Commission (AUSTRADE), and some Australian officials about the possibility of establishing a mineral production chain between the two countries. Vietnam offers a skilled workforce, favourable logistics, a strategic geographical position, abundant new energy resources, and is one of the world's major manufacturing centers, while Australia has advanced technology, financial capabilities, and rich ore reserves.

The two countries could cooperate to develop green technology-based mineral processing industrial parks in Vietnam that would involve transporting ore from Australia to Vietnam for refining and subsequent export, said Hoa.

The trade official also said Australia is particularly interested in participating in Vietnam’s rare earth sector. He emphasized the need to accelerate cooperation in the rare earth sector to quickly develop refined export products and gain a competitive advantage in the rapidly changing market.

In the energy sector, the Trade Office is encouraging Vietnamese companies to participate in tenders, construction, or invest in mines in Australia, especially liquefied natural gas mines, to ensure energy security. In mining technology, the Trade Office has established relationships with major partners in Australia and has facilitated the sharing of knowledge and experience between the two countries.

Similarly to Vietnam, Australia is recognizing the importance of nuclear power plants. Hoa believed that the two countries could share their visions and financial solutions, integrating third-party technology.

Regarding logistics and infrastructure, the Trade Office is supporting businesses from both countries interested in investing, buying shares, or partnering in port, road, and warehouse infrastructure in both countries, cited VOV.

With regard to the digital economy development, the Trade Office has studied the economic cooperation model between Australia and Singapore, and drew lessons for Vietnam. The office also provided consultation to numerous businesses in both countries, facilitating connections in the information technology sector.

In terms of investment, in addition to the data center project the Trade Office is working on, the blockchain technology introduced by the Vietnamese company Auschain in Australia is being presented to Australia’s agriculture sector for traceability of agricultural and livestock products. The Trade Office is also exploring opportunities to connect with carbon credit trading platforms using blockchain technology and advising Australian fintech companies to enter the Vietnamese market.

The trade counselor said, both Vietnam and Australia are interested in the green economy and circular economy, with many projects currently being connected by the Trade Office. Regarding major cooperation directions, he expressed his belief that promoting cooperation in the green raw material and accessory production chain will have long-term significance.

Energy cooperation constitutes bright spot in Vietnam-Qatar relations

The year 2024 has marked significant progress Vietnam-Qatar economic, trade, and investment ties, with energy collaboration and labor partnership in the energy sector forming a bright spot, Vietnamese Ambassador to Qatar Nguyen Huy Hiep has said in an interview with the Vietnam News Agency (VNA)'s resident reporter in the Middle East and North Africa.

The diplomat cited Qatar's statistics showing that the two countries’ January-October trade turnover exceeded 2.7 billion QAR (over 740 million USD), nearly equaling their total figure for the whole 2023 (752 million USD). Qatar enjoyed a trade surplus, primarily due to exports of oil, gas, and petrochemical products. Overall, bilateral trade is expected to maintain steady growth in the years to come.

In terms of economic cooperation, the two countries have not only enhanced trade in oil and gas products but also sustained key oil-gas service projects. At times, nearly 600 skilled Vietnamese workers were employed in Qatar, serving these projects and companies involved such as Qatar Energy and Qatar Energy LNG.

Notably, Vietnamese Prime Minister Pham Minh Chinh's official visit to Qatar in October, which focused on strengthening economic, trade, and investment ties, garnered significant attention from governmental agencies and businesses in both countries. This trip was anticipated to propel bilateral cooperation to a higher level with a more practical and effective manner in the near future.

The ambassador expressed his optimism about the bright prospects for Vietnam-Qatar cooperation next year and stressed that the catalyst comes not only from the keen interest of their high-ranking leaders but also from the proactive engagement of their business communities, according to VNA.

Vietnamese Ambassador to Qatar Nguyen Huy Hiep (Photo: VNA)

According to the diplomat, with its abundant oil and gas resources as well as robust financial and technological capacity, Qatar has great potential to partner with Vietnam in technology transfer and the development of energy projects, particularly in renewable energy. Meanwhile, with its rapidly growing economy, attractive investment environment, and open-door policies, Vietnam is a compelling destination for Qatari investors in industries, agriculture, and services.

Hiep noted that skilled Vietnamese workers can meet Qatar’s demands in it's a new development phase of green transition, digital transformation, and economic diversification. Tourism and culture are also highly promising areas for collaboration, given the rich cultural diversity of both nations and their increasing interest in exploring each other, he added.

For extensive and effective cooperation in the time to come, particularly in areas of mutual interest, he recommended both nations to focus on enhancing existing cooperation mechanisms, notably the Vietnam-Qatar intergovernmental committee for economic, trade, and technical cooperation.

The ambassador also suggested exploring and establishing new cooperation frameworks aligned with current priorities and circumstances. These could include subcommittees for labor and trade exchange mechanisms, or investment working groups between their relevant agencies.

Vietnamese soldiers mark Army Day with a feast of traditional dishes in Africa

In honor of the Vietnam People’s Army’s 80th anniversary, Vietnamese Blue Berets hosted a special event, introducing international friends to pho, spring rolls, and other iconic dishes.

Vietnamese peacekeeping forces in Africa celebrated the 80th anniversary of the founding of the Vietnam People’s Army by treating international friends to traditional Vietnamese cuisine.

On December 22, Level 2 Field Hospital No. 6 (BVDC 2.6), part of the United Nations Mission in South Sudan (UNMISS), organized a series of activities honoring the proud legacy of the Vietnam People’s Army.

The entire staff of BVDC 2.6 transformed their facility’s courtyard with flags, flowers, banners, and decorations rich in Vietnamese identity.

The newly revamped area reflected the pride and responsibility of Vietnamese soldiers serving far from home.

The meticulous preparation impressed international friends and base commanders, who commended the unit’s professionalism, creativity, and dedication.

A ceremonial celebration in South Sudan

The commemoration began in the afternoon with a solemn flag-raising ceremony.

Attendees listened to a congratulatory letter from Major General Pham Manh Thang, Director of the Vietnam Peacekeeping Department.

The letter expressed pride and encouraged the soldiers to continue their role as ambassadors of Vietnamese peace and culture on the global stage.

International commanders and representatives stationed at the base also shared meaningful congratulations with BVDC 2.6.

Brigadier General William Ryarasa, Unity Sector Commander, remarked, "You represent not only a professional army but also the spirit of a peace-loving, resilient, and responsible nation. It is an honor to share in this celebration."

Showcasing Vietnamese cuisine and hospitality

Following the ceremony, BVDC 2.6 hosted an intimate dinner party for international friends and units at the base.

Traditional dishes such as pho, spring rolls, banh chung, and sweet soup were meticulously prepared, offering guests a rich taste of Vietnamese culture.

The event provided a platform for cultural exchange and strengthened connections between the Vietnamese soldiers and their international colleagues, VNN reported.

The 80th anniversary of the Vietnam People’s Army celebrated in South Sudan. (Photo: BVDC 2.6)

Guests expressed admiration for Vietnamese cuisine and culture, praising the warmth and enthusiasm of the peacekeepers.

Beyond the celebration: Contributions to the local community

Leading up to the anniversary, BVDC 2.6 donated essential medical supplies, including masks, hand sanitizers, gloves, and meaningful gifts for pediatric patients at Bentiu Hospital.

With their dedication, humanity, and tireless efforts, Vietnamese Blue Berets continue to excel in international outreach, affirming their role as military doctors on peacekeeping missions.

Their contributions further enhance the image of Vietnam as a peaceful, responsible, and compassionate nation in the eyes of the global community.

Level 2 Field Hospital No. 6 comprises 63 members and began its mission in South Sudan in September.

UNMISS was established in 2011 under United Nations Security Council Resolution 1996, tasked with ensuring peace, fostering political stability, and supporting economic development in South Sudan while mitigating conflict and protecting civilians.

Tropical depression strengthens, moves towards South-central coast of Vietnam

The tropical depression that formed in the East Sea on December 21 is gathering its strength and heading towards the South-central coast of Vietnam, according to the National Center for Hydro-meteorological Forecasting.

As of 1:00 AM on December 22, the tropical depression is located in the southern part of the East Sea, packing winds of 39-49 kmh near its center.

The depression is expected to continue moving east-northeast during the day and night of December 22 before changing direction towards the northwest at a slow pace of about 10 kmh, maintaining its intensity, VOV reported.

The tropical depressing is heading towards the southcentral coast of Vietnam.

On December 23, the tropical depression is set to strengthen and move steadily northwest at about 10 kmh. In the coming 24 hours, it will be located near the southern part of the Paracel Islands, with winds gusting 75-88kph.

Meteorologists say the weather pattern will bring moderate to heavy rain, and thunderstorms to the Central and South Central regions from December 23 to 26. The rainfall will generally be between 100-300 mm, with some places receiving over 500 mm.

The Southeastern region will also experience rain and thunderstorms, with moderate to heavy rainfall, on December 24-25.

Vietnam trounce Myanmar 5-0, advancing to ASEAN Cup semifinals

Vietnam clinched an impressive 5-0 victory over Myanmar on December 21 evening, retaining their top spot in Group B and securing a place in the ASEAN Mitsubishi Electric Cup 2024 semi-finals, where they will take on Singapore.

In his national team debut, naturalised striker of Brazilian origin Nguyen Xuan Son struck a brace and created two assists, while the other goals were scored by Vi Hao, Quang Hai, and Tien Linh.

Vietnam endured a goalless first half for the fourth consecutive match, before scoring five times through Bui Vi Hao, Xuan Son's double and Nguyen Quang Hai and Nguyen Tien Linh to send the fully packed crowd at Viet Tri Stadium in Phu Tho province into jubilation.

Korean coach Kim Sang-sik included Xuan Son in the starting lineup, and the 27-year-old striker quickly made a difference. Within the first 10 minutes, he had two dangerous attempts on goal, though he was unable to convert.

The opportunity for Vietnam came in the 26th minute, when Van Toan delivered a precise cross, but Vi Hao missed the ball from just 5m out. Ten minutes later, Hoang Duc challenged the Myanmar goalkeeper with a header that hit the post. Three minutes after that, Quang Hai executed a spectacular shot, but once again, the post denied Vietnam a goal.

Towards the end of the first half, Xuan Son skillfully dribbled past defenders and set up a great chance, but Van Vi shot wide from less than 10m.

On the other side, Myanmar had two notable shots from Lwin Moe Aung, but goalkeeper Dinh Trieu managed the situation well, VNA reported.

Bui Vi Hao (15) scores the first goal for Vietnam. (Photo: VNA)

In the second half, Vietnam raised their intensity and quickly made a breakthrough. In the 48th minute, Xuan Son delivered a brilliant pass for Vi Hao to finish into an empty net, opening the scoring for Vietnam. Just six minutes later, Vi Hao returned the favor, assisting Xuan Son to eliminate Myanmar’s defense. The 1997-born striker finished clinically to extend Vietnam’s lead.

At this time of the match, Myanmar appeared fatigued and struggled to withstand Vietnam’s relentless attacks. Kim showed no intention of slowing down, bringing on Tien Linh and Tan Tai to push for more goals.

In the 74th minute, Nguyen Quang Hai extended the lead to 3-0 with a stunning strike from outside the box. Although Vi Hao found the net again, the goal was ruled offside. In the 90th minute, Xuan Son displayed excellent ball control inside the penalty area and unleashed a powerful shot to make it 4-0. During stoppage time, Tien Linh added the final goal, securing a 5-0 victory for Vietnam.

Vietnam stands firmly in the top spot of Group B and will play Group A second-placed winners Singapore in the semi-finals.

In another Group B match, the Philippines defeated Indonesia 1-0 and will take on Group A winners Thailand in the semi-finals.

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