Source: vietnamplus.vn
Ripe red passion fruit is harvested at the fields of a cooperative in Lao Cai. Photo: TTXVN
Australia has taken another step forward for its horticulture industry as Canberra announced it has reached an agreement to export plums to Vietnam in the near future, in addition to current peach and nectarine exports.
This project is part of a two-way agricultural market access agreement to supply Australian plums to Vietnam and Vietnamese passion fruits to Australia.
Australia’s exports of agricultural, fisheries and forestry products to Vietnam have reached AUD 3.7 billion (about USD 2.5 billion) in 2023-2024, with the fruit and nut trade increasingly further increase and strengthen Australia’s trade relationship with Vietnam – the 6th largest export market of this Oceania country.
The above agreement supports the agriculture industry’s goal of growing towards becoming a 100 billion AUD (equivalent to 67 billion USD) industry and the Australian horticulture industry’s goal of becoming a 20 billion business. AUD (about 13.4 billion USD) in 2030.
Vietnam and Australia are currently having favorable negotiations on the export of Australian blueberries to Vietnam and the export of Vietnamese grapefruit to Australia.
The Australian side affirmed that Vietnam is an important diversification market for Australian exporters and is the focus of the program “Investment: Australia’s Southeast Asia Strategy to 2040.”
Australian Minister of Agriculture, Fisheries and Forestry Julie Collins said accessing this new market is an important milestone for the stone fruit industry and for the Australia-Vietnam trade relationship.
Promoting mutual market access outcomes reflects the strong bilateral relationship between Australia and Vietnam, and is a driving force in supporting Australia’s agricultural sector to take advantage of export opportunities.
Prime Minister Anthony Albanese’s government is focused on opening up Australia’s agricultural sector and this is a positive step towards achieving this goal, while providing another key market to diversify trade. commercial.
Meanwhile, Australian Minister of Trade and Tourism Don Farrell affirmed that promoting Australia’s trade with Southeast Asia, including Vietnam, is the top priority of this country’s Government.
Boosting trade with Vietnam means more jobs and better wages for workers in Australia’s farming industry.