The Vietnam Trade Office in Australia has just released its February 2017 newsletter.
Topics in the newsletter include:
- Viet Nam’s Trade Ministry Urges Australia to Lift Ban on Shrimp Imports
- Australia’s Trade with Viet Nam in 2016
- Two-way goods trading between Australia and Viet Nam in 2016 reached AUD 8.21 billions, in which, Viet Nam exported to Australia AUD 4.47 billions and imported from Australia AUD 3.74 billions.
- Full details of Australia’s Trade with Viet Nam in 2016.
- Australian state (NSW) invites Vietnamese investors
- The NSW Department of Industry will be holding a Business and Investors’ Migration roadshow in Hanoi and HCMC in June, 2017 and will be working closely with AusCham.
- ASEAN village shines at Australian multicultural festival
- Understanding Viet Nam’s Import and Export Regulations
- Import and Export Licensing Procedures
- Import/Export Duties *
- Tax exempt goods
- Tax Calculation
Vietnam is a signatory of AANZFTA, the ASEAN-Australia-New Zealand Free Trade Agreement. Already, significant benefits from this agreement which was signed off in 2010 have started flowing through. Australian sales of wheat to Vietnam, for example, increased by 44 per cent in 2016 due, in part, to the removal of a 5 per cent tariff under AANZFTA.
Related items of interest
- The Forgotten Trade Agreement, AANZFTA, to shine in wake of Brexit and TPP trumping? AusCham website, 6 July 2016.
- To see a complete list of these items and the timeline for eliminating/ reducing tariffs, click onto the ASEAN-AUSTRALIA-NEW ZEALAND FREE TRADE AGREEMENT (AANZFTA) AANZFTA FACT SHEETS (CONSOLIDATED), dated 24 February 2009.
- Vietnam’s 2016-2017 wheat import to surge 67% on year on strong feed demand: USDA, Hellenic Shipping News, 10 February 2017.
- Snapshot Australian Business, AusCham website
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