Australia looks for Vietnam farmers amid stronger ties
Australia and Vietnam on Monday signed the first bilateral memorandum of understanding under the Australian Agriculture Visa Program, making workers from the Southeast Asia country the first to be employed under this initiative.
Under the program, employees will be recruited to work across a range of agriculture sectors, including horticulture, dairy, wool, grains, fisheries and forestry, including support services and primary processing.
Australian Minister for Foreign Affairs Marise Payne called the program "a key initiative" of the Australia-Vietnam Enhanced Economic Engagement Strategy launched by the two countries’ prime ministers on November 1, 2021.
"Vietnam’s early participation in the program demonstrates the Morrison Government’s commitment to deepening cooperation under the Australia-Vietnam Strategic Partnership," she said in a statement.
"For decades, Vietnamese workers, students, business people, and tourists have made extensive contributions to Australia. The Australian Government looks forward to this continuing under the program."
The Australian Agriculture Visa Program is intended to provide a sustainable, long-term contribution to Australia’s labour supply that supports Australia’s agricultural and primary industry sectors.
It supplements the Pacific Australia Labour Mobility (PALM) scheme, which remains the mainstay for meeting agricultural workforce shortages in the country’s primary industries and the key solution for the current harvest.
However, it is not clear when the first Vietnamese workers will come to Australia, and how many workers are likely to be employed through the visa scheme. It is also not clear if the Vietnamese workers would be skilled or unskilled.
Last November, Minister Payne announced the Seasonal Worker Program and the Pacific Labour Scheme of the PALM would be consolidated and operated under a single, improved scheme. It will commence in April 2022 and be managed by Australia’s Department of Foreign Affairs and Trade.
Vietnam and Australia established a comprehensive partnership in 2009 and elevated the relationship to a strategic partnership in March 2018.
In November 2020, Australia’s Foreign Minister Payne and her Vietnamese counterpart Pham Binh Minh agreed a plan of action for the Strategic Partnership to cover the 2020-2023 period.
Over the past 20 years, the Vietnam-Australia trade has grown on average by 8.6% each year, much faster than the growth of Australia’s overall trade (5.8%) and faster than that of Australia’s trade with ASEAN countries over the same period (5.5%).
Total two-way trade of goods and services was valued at A$14.6 billion ($10.93 billion) in 2020, according to the publication "Australia–Vietnam Enhanced Economic Engagement Strategy" published by the Australian Government in December 2021.
- Read More
Hanoi TikToker internationally wanted for involving in multi-billion-dollar investment scam
Hanoi police have issued an international arrest warrant for Le Khac Ngo, known as "Mr. Hunter," a key accomplice in a recently-dismantled massive foreign exchange and securities fraud ring.
Society - Sat, December 21, 2024 | 10:57 pm GMT+7
Unlocking Phu Quoc’s potential to become the 'Hawaii of the East'
Leading global tourism companies have remarked that Phu Quoc has "yet to receive the recognition it deserves," despite its impressive and unexpected growth rate.
Travel - Sat, December 21, 2024 | 7:20 pm GMT+7
Thai central bank maintains policy interest rate at 2.25%
The Thai Chamber of Commerce (TCC) has said it backs the decision by the Bank of Thailand, the country's central bank, to maintain the policy interest rate at 2.25%, considering the move as suitable for a reviving economy.
Southeast Asia - Sat, December 21, 2024 | 5:43 pm GMT+7
Vietnam's military-run tech giant Viettel strikes big deals at international defence expo
Subsidiaries of Military Industry and Telecommunications Group (Viettel) signed a string of significant contracts with major global partners during the first two days of the Vietnam International Defence Expo 2024 in Hanoi.
Companies - Sat, December 21, 2024 | 5:36 pm GMT+7
Taiwan’s Wistron acquires 37ha land lot in northern Vietnam for expansion
Taiwan-headquartered Wistron, a top electronics provider and an Apple supplier, will further its investment in Vietnam’s northern province of Ha Nam by acquiring another 37.1-hectare land lot.
Companies - Sat, December 21, 2024 | 2:08 pm GMT+7
VAFIE seeks to promote sci-tech development, intellectual property policies
The Vietnam’s Association of Foreign Invested Enterprises (VAFIE) aims to enhance policies for the development of science, technology, and intellectual property, creating a more conducive investment environment.
Companies - Sat, December 21, 2024 | 1:59 pm GMT+7
Vietnamese dong likely to depreciate 3% in 2025: VinaCapital
The Vietnamese dong is likely to depreciate 3% in 2025 on anticipation that the US Dollar/DXY Index will finish 2025 nearly unchanged, says Michael Kokalari, chief economist at Vietnam's leading fund manager VinaCapital.
Economy - Sat, December 21, 2024 | 11:23 am GMT+7
First luxury railway journey across Vietnam features Indochine architecture
PYS Travel has launched the first luxury railway journey across Vietnam named Sjourney, marking a new milestone in the railway tourism sector.
Travel - Sat, December 21, 2024 | 10:09 am GMT+7
Vietnam among 40 most beautiful countries: US publication
Vietnam has secured the 36th position in the ranking of the 40 most beautiful countries in 2024 in a testament to its undeniable charm and appeal, according to US News & World Report.
Travel - Sat, December 21, 2024 | 10:04 am GMT+7
Foxconn to invest $16 mln more in Vietnam’s Quang Ninh province
Competition Team Technology (Vietnam) Company Limited, a subsidiary of Foxconn, will invest an extra $16 million in its “S- Vietnam” project in the northern coastal province of Quang Ninh.
Industries - Sat, December 21, 2024 | 9:53 am GMT+7
Vietnam’s small- and medium-sized businesses embrace digitization to weather global expansion risks: survey
While global expansion remains a key priority for the country's small- and medium-sized businesses (SMBs), achieving this goal requires overcoming challenges by leveraging the right talent and advanced technologies, including AI, according to Payoneer’s findings.
Companies - Sat, December 21, 2024 | 7:56 am GMT+7
Vietnam tax authorities collect $169 mln from delinquent taxpayers through exit bans
Vietnam's tax authorities have collected about VND4.3 trillion ($169 million) from 6,500 delinquent taxpayers through exit ban measures so far this year, nearly five times the amount reported in the middle of the year.
Finance - Fri, December 20, 2024 | 10:29 pm GMT+7
French, Chinese EV manufacturers to invest in Indonesia
Three global electric vehicle (EV) manufacturers - France’s Citroen and China’s BYD and AION - have committed to establishing EV manufacturing plants in Indonesia, Minister of Industry Agus Gumiwang Kartasasmita has announced.
Southeast Asia - Fri, December 20, 2024 | 6:42 pm GMT+7
Thailand optimistic about export prospects for 2025
With an upbeat export growth projection of about 5% this year, Thailand's Ministry of Commerce and its private sector are optimistic for a further 2-3% growth in 2025, bringing total export value to about $305 billion.
Southeast Asia - Fri, December 20, 2024 | 6:36 pm GMT+7
Philippines imposes temporary import ban on live cattle from Japan
The Philippines has imposed a temporary ban on the importation of live cattle and buffalo as well as their products from Japan due to the outbreak of lumpy skin disease (LSD), its Department of Agriculture said on Thursday.
Southeast Asia - Fri, December 20, 2024 | 5:53 pm GMT+7
Malaysia-China trade hits nearly $100 bln
Malaysia-China economic ties have continued to strengthen, with bilateral trade reaching nearly $98 billion between January and November, matching the 2023 total trade volume.
Southeast Asia - Fri, December 20, 2024 | 5:51 pm GMT+7