READ NOW

Australia and Viet Nam are natural economic partners. Viet Nam is a dynamic and rapidly-growing market, and one of Australia’s fastest growing trading partnerships. In an increasingly competitive market, Australian senior business leaders provide recommendations for Australian businesses looking to make the most of opportunities in Viet Nam.

Key Takeaways

1. Value: The modernising economy demands a clear value proposition
2. Labour: Skilled workers support sophisticated manufacturing and services
3. Trade: An export market, a re-export hub and a source of competitive imports 
4. ‘Team Australia’: How it could work

This working paper draws on the second roundtable in this series supported by the Department of Foreign Affairs and Trade (DFAT) and looks at issues for Australian businesses interested in expanding into Viet Nam under the new Enhanced Economic Engagement Strategy. A group of businesspeople with experience on the ground in Viet Nam plus industry advisers and business organisation members discussed these issues in November 2021.

Partner