Wednesday, 22 Nov 2017

Broadening Vietnam's network with Australian partners

Updated at Saturday, 15 Jul 2017, 11:46
The Hanoitimes - Hanoi Investment, Trade and Tourism Promotion Agency and Australia International Exhibition and Conference Group (IEC) have recently organized a conference to introduce export potential of Vietnam’s garments, handbags and leather footwear to the Australian market.
The conference attracted over 60 Hanoi-based businesses operating in the fields of garment, textiles, leather footwear and fashion, along with associations and organizations which have high export demand to Australia and New Zealand.

At the conference, participants were briefed on Southeast Asia’s garment and textiles market and Australia and New Zealand’s import potentials for garment, textiles and leather products.
At the conference
At the conference

Additionally, the conference also introduced Australia International Sourcing Expo 2017 which will be held in November in Sydney. The expo will create golden opportunity for Vietnamese exporters to meet importers from Australia, New Zealand and international importers.

Addressing the conference, IEC Director Julie Holt said that International Sourcing Expo Australia (ISEA) will be held alongside the 16th China Clothing Textile Accessories Expo at International Convention Centre Sydney. The expo is expected to receive around 4,000 visitors, including retailers, brands, online retailers, etc.

She said that Australia boasts great purchasing power although its population is less than the US and Europe, adding that Vietnam ranked second among countries exporting footwear products to Australia with export turnover of 32 million AUD.

At the conference, Deputy Director of the Hanoi Investment, Trade and Tourism Promotion Centre Nguyen Thi Mai Anh said that the conference was a good opportunity for Viet Nam export businesses to broaden their network with Australian partners, thus increasing the availability of Vietnamese goods in the market.

According to the data of the General Department of Vietnam Customs, by April 25, two-way trade between Vietnam and Australia reached US$1.35 billion. Vietnam exported US$687 million worth of goods to Australia, up 8.3 percent, while importing US$665.15 million worth of products from the market, down 18.6 percent compared to the same period last year.
Anh Kiet
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