Prime Minister Nguyen Xuan Phuc (left) and Australian
Prime Minister Scott Morrison sign Joint Declaration on establishment of Viet
Nam-Australia strategic partnership in March 2018. Photo: VGP
Viet Nam, Australia
issue Joint Statement on setting up strategic partnership
Vietnamese Ambassador to Australia Ngo Huong Nam
highlighted the point in an interview ahead of Australian Prime Minister
Scott Morrison’s official visit to Viet Nam next week.
Asked about the significance of the visit, the
diplomat expressed his belief that Morrison’s upcoming visit will create
fresh impetus for the bilateral ties and it is the evidence of regular
exchange of high-level visits between the sides.
Economic cooperation will still remain the key
pillar of the Viet Nam-Australia strategic partnership, particularly since
the two sides signed the Comprehensive and Progressive Agreement for
Trans-Pacific Partnership (CPTPP).
Nam said that the bilateral politic and economic
cooperation will be the solid foundation for both sides to further advanced
their strategic partnership.
Regarding the complicated developments in the East
Sea, Nam said the two leaders will exchange views on strategic security
issues in the region and the world, including energy and water resource
security, climate change, and maritime security, safety and freedom.
The diplomat said Australia holds an important role
in the region, thus it could make positive contributions to maintain peace,
stability, security and freedom of navigation and aviation and rule of law
across the Indo-Pacific region.
Viet Nam and Australia upgraded bilateral ties to
strategic partnership in March last year on the occasion of Prime Minister
Nguyen Xuan Phuc’s official visit to Australia.
The two countries have actively realized all five
cooperation pillars enshrined in the Joint Statement signed during Phuc’s
visit, bringing about substantial developments to the relationship, Nam
The two-way trade reached nearly US$7 billion in
2018 and the figure increased by 8% to US$3.2 billion in the first half of
2019 compared to the same period last year.
Australia is the 19th biggest foreign investor in
Viet Nam with total registered capital of US$1.9 billion, according to Nam
while Vietnamese businesses such as VinGroup, TH Group, and VietJet have
began investment projects in Australia.
Australia has also maintained high official
development assistance to Viet Nam through years, making positive
contribution to economic reform and human resource development in the
Southeast Asian country.
Both countries have enjoyed robust defense-security
cooperation, especially since the signing of the Joint Vision Statement on
further defense cooperation on occasion of 20th anniversary of defense
cooperation (in 2018), laying long-term orientations and framework for
bilateral cooperation in this area.
Australia has also actively supported English
training for Vietnamese army and was the first country to help Viet Nam send
forces to join United Nations peace-keeping operations./.