The newly developed platform is expected to support export companies, as well as promote local markets, provide updated information on investment opportunities and products to form a complete supply chain.
It is likely that the Viet-Aus Trade app will be recommended to thousands of importers, enterprise associations, investors in Australia and surrounding areas to establish a strong, integrated, and consolidated network with corresponding Vietnamese partners.
According to Vietnam News Agency in Australia, the digital application is completely free and can be downloaded in both Apple Store and Google Play. The display of the app is integrated with diverse functions in English and Vietnamese, including: Search engine for Australian importer & Vietnamese exporter as per products; B2B bilateral trade; CPTPP and AANZ tariff search; online exhibition; local market promotion; products & investment; Vietnam business information and chatbot,…
It is highly advisable that local authorities and companies within Vietnam frequently update the lists of products and investment attracting projects in English on their websites or send all the information directly to the Vietnam Trade Office in Australia.
As recorded by Vietnam Customs Department, in the first 4 months of 2020, the bilateral trade turnover between Vietnam and Australia has reached over $2.7 billion – an 11% increase compared with the same period last year. Specifically, import value from Vietnam into the Australian market has witnessed a 7.3% raise to $1.2 billion. The most dominant product exported from Australia is raw materials to support manufacture and export.