Besides, he attributed poor access to knowledge about the Australian market and the needs of Australian consumers to Vietnam’s modest exports to Australia. Many of Vietnam’s potential agricultural products have yet to enter the Australian market due to prolonged procedures, Son stressed. Local enterprises hinted at proactively equipping themselves with knowledge about the market, FTAs, and export standards set by Australia. They should improve the quality of products and diversify their partners to accelerate their shipments to the Australian market, he added. In 2022, Australia was Vietnam’s seventh-largest trade partner, while the latter was the former’s 10th-biggest trade partner.
Mar 21 2023