The Vietnam - Australia Trade and Investment Promotion Center is expected to continue to be an intermediary that will help more Vietnamese goods to be sold in the Australian market.

The opening ceremony of the center. Photo: TTXVN

Vietnamese Ambassador to Australia Nguyen Tat Thanh expressed his expectations at the opening ceremony of the center on the occasion of his business trip to the state of Victoria in Australia, on November 20.

The Ambassador said this is an important milestone in the trade relationship between the two countries, which is thriving partly thanks to the significant contribution and support from overseas Vietnamese for Vietnamese commodities.

The Vietnam - Australia Trade and Investment Promotion Center, located in Melbourne, Victoria, is established and operated by the Vietnam Business Association in Australia (VBAA).

The center will promote the placement of Vietnamese goods  on the Australian supermarkets and retail systems. VBAA is coordinating with the Ho Chi Minh City Department of Foreign Affairs to bring high-quality products to Australia, including cashew nuts from Binh Phuoc Province, coconut products from Ben Tre Province, frozen fruits, pepper and other farm produce of Vietnam.

Tran Ba ​​Phuc, Chairman of VBAA, said that the center will be the address to introduce Vietnamese goods to the Australian customers and a platform for business matching between enterprises of the two countries. 

In the long term, it will organize trade fairs on high-quality Vietnamese goods, as well as  seminars on business opportunities and import-export potentials, facilitate the signing of   contracts to bring Vietnamese goods to the Oceania market.

In October, the bilateral turnover between the two countries reached US$10 billion, up 50% over the same period last year.