Vietnamese Prime Minister's Visit to Australia Creates Momentum for New Areas of Cooperation

Vietnamese Prime Minister Pham Minh Chinh and his spouse will attend the ASEAN-Australia Special Summit to commemorate the 50th anniversary of ASEAN-Australia dialogue relations, and pay the official visit to Australia from March 5-9, the Ministry of Foreign Affairs has announced.
March 04, 2024 | 09:58

Vietnamese Ambassador to Australia Pham Hung Tam highlighted the significance of Prime Minister Pham Minh Chinh and his spouse’s upcoming visit to Australia from March 5-9 to attend the ASEAN-Australia Special Summit marking the 50th anniversary of ASEAN-Australia dialogue relations, VNA reported.

Fresh wind brings bilateral relations to new height

According to Tam, this visit marks the first time a Vietnamese PM has visited Australia since the two countries elevated their relationship to a Comprehensive Strategic Partnership in 2018. It takes place at a special time when the two countries recently celebrated the 50th anniversary of diplomatic ties and the fifth anniversary of a comprehensive strategic partnership, contributing to generating a new impetus for bilateral ties in the foreseeable future.

For Vietnam, this visit aligns with the 13th National Party Congress’ foreign policy of developing relations with regional partners, including Australia.

About the PM’s agenda during the visit, Tam said following the official welcome ceremony in Canberra, Chinh is scheduled to engage in various significant activities, including talks, signing and exchange of documents, press conferences, a courtesy call to the Governor-General and engagements with high-ranking Australian leaders, intellectuals, businesses, educational establishments and research institutes there.

Vietnamese Prime Minister's Visit to Australia Creates Momentum for New Areas of Cooperation
Prime Minister Pham Minh Chinh chaired the ceremony to welcome Australian Prime Minister Anthony Albanese for an official working visit to Vietnam for 2 days from June 3 to June 4, 2023. Photo: VGP

On this occasion, both sides expect to sign and exchange numerous important cooperation documents across national defence, energy, trade, banking-finance, diplomacy, education, justice, sci-tech, among others.

According to him, Vietnam and Australia have become one of each other's top 10 trading partners, with two-way trade reaching USD 13.8 billion in 2023. Australia has 621 investment projects in Vietnam, which invests in 92 projects in Australia. Notably, Australia continues to be one of the leading suppliers of official development assistance (ODA) to Vietnam and among the top 15 destinations for Vietnamese tourists.

He added that significant cooperation achievements that align with interests of both countries after more than five decades of diplomatic ties continue driving their strong relations, including growing political trust; a strong commitment and goodwill toward cooperation demonstrated by their leaders, people and enterprises; a robust legal framework with signed cooperation documents, including the Australia-Vietnam Enhanced Economic Engagement Strategy (EEES); and deep cooperation in traditional areas such as economy, trade, education-training, tourism and people-to-people exchange.

Vietnamese Prime Minister's Visit to Australia Creates Momentum for New Areas of Cooperation
Vietnamese Ambassador to Australia Pham Hung Tam. Photo: VGP

Underscoring the Australian Government's strong focus on its relationship with Southeast Asia, including Vietnam, the diplomat noted Australia's recognition of ASEAN's central role in the region, evidenced by the launch of its Southeast Asia Economic Strategy to 2040 in September 2023.

In his view, the demands of the Industry 4.0 era also bring new impetus to both countries to expand new cooperation areas such as innovation, green economy, digital economy, digital transformation, clean energy transition, environment and climate change adaptation.

Continue to contribute to ASEAN - Australia relations

Concerning the ASEAN-Australia Special Summit marking their 50th anniversary of dialogue relations, he said Australia's hosting of the event is a clear sign of the country's commitment to further fostering ties with the bloc.

It provides an opportunity to reflect on their past achievements and chart a course for the future in line with the Comprehensive Strategic Partnership.

The leaders will also discuss global and regional issues of common concern.

Looking ahead, Ambassador Tam highlighted promising prospects of ASEAN-Australia ties, particularly in economy, trade, and investment, buoyed by geographical proximity, high political determination, and the recent upgrade of the ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA).

He concluded by stressing Australia's position as one of ASEAN's comprehensive strategic partners and among the top economic partners, with bilateral trade and investment in 2022 nearing pre-pandemic levels.

According to Australian Ambassador to Vietnam Andrew Goledzinowski, Australia was also the first country to establish a Comprehensive Strategic Partnership with ASEAN in 2021. He said it is clear that Australia and ASEAN not only face shared challenges but have shared interests in a peaceful, inclusive, and prosperous region.

Also in his op-ed, Goledzinowski said: “As the relationship between Australia and ASEAN goes from strength to strength, we are ambitious about our relationship with Vietnam. Vietnam is important to Australia’s economic future.”

The focus areas of the 2024 Summit, he said, mirror the shared priorities in the Australia-Vietnam relationship. “We look forward to elevating our relations to a Comprehensive Strategic Partnership and enhancing cooperation across key fields including climate change, digital transformation, trade and investment, critical minerals, and education. The Summit also provides unique opportunities to highlight people-to-people connections.”

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