Australian Foreign Minister makes second Vietnam visit to boost ties
Australian Foreign Minister Penny Wong has begun a three-day (August 22-24) Vietnam visit to further strengthen bilateral relations.
“This week I will visit Vietnam for the second time as Foreign Minister to further deepen Australia’s cooperation with a key Asean partner,” she said in a Monday statement.
“My visit is a clear statement of the Albanese Government’s priorities and an opportunity to further build on our work to shape the region we want.”
Australian Foreign Minister Penny Wong has a coffee in Hanoi on August 22, 2023. Photo courtesy of Vietnam News Agency.
Earlier this year, Vietnam and Australia marked 50 years of diplomatic relations, underscoring the deep friendship and strategic trust between the two countries.
“Australia and Vietnam share a strategic partnership, a commitment to Asean centrality and an interest in maintaining a region that is peaceful, stable and prosperous, where sovereignty is respected,” Wong said.
“During my visit to Hanoi, I will meet with Prime Minister Pham Minh Chinh, Foreign Minister Bui Thanh Son and other senior leaders to discuss a range of shared interests, including our economic and security ties,” she added.
Her working trip follows recent visits to Vietnam by Australian Prime Minister Anthony Albanese and Trade and Tourism Minister Don Farrell.
She and her Vietnamese counterpart Bui Thanh Son will hold the fifth annual Australia-Vietnam Foreign Ministers’ Meeting, where they will discuss regional priorities and how the two sides can expand cooperation in various fields including climate change, trade and investment, education, and digital delivery of government services.
Wong will also visit Ho Chi Minh City for the first time as Foreign Minister.
“I will meet with Australians of Vietnamese heritage who are driving our economic cooperation” in the southern megacity, she said.
- Read More
How Thai capital deepens its roots in Vietnam’s economy
Leading Thai corporations are rapidly strengthening their footprint in Vietnam through large-scale investments in manufacturing, retail, energy, logistics, finance, and industrial real estate.
Investing - Wed, May 27, 2026 | 3:58 pm GMT+7
Building high-performing organizations through trust, empowerment and people-first leadership
As businesses navigate increasingly complex market conditions, the conversation around high performance is also evolving. Beyond speed and execution, organizations today are under growing pressure to remain agile, resilient, and people-centered at the same time.
Companies - Wed, May 27, 2026 | 3:38 pm GMT+7
Vietnam stocks to offer opportunities across sectors in H2
Vietnam’s stock market is expected to retain growth potential in the second half of 2026 despite mounting pressures from inflation, geopolitical tensions and increasingly cautious capital flows, according to market analysts.
Finance - Wed, May 27, 2026 | 3:12 pm GMT+7
Trung Nam Renewable Energy raises $73 mln in private bond issuance
Trung Nam Renewable Energy Corporation has successfully raised VND1.93 trillion ($73.28 million) through a private bond issuance with a four-year tenor and annual interest rate of 10.7%.
Companies - Wed, May 27, 2026 | 2:32 pm GMT+7
Vinhomes gold-for-property scheme sparks debate over liquidity boost and financial risks
A new program allowing homebuyers to exchange gold for real estate is drawing attention in Vietnam as developers seek to channel idle household gold holdings into the property market through a structure tied to gold valuation and guaranteed returns.
Real Estate - Wed, May 27, 2026 | 9:03 am GMT+7
PVFCCo expands agricultural cooperation in Laos
As Vietnam and Laos continue to strengthen bilateral ties, agricultural cooperation between the two countries is expanding, with Petrovietnam Fertilizer and Chemicals Corporation (PVFCCo or Phu My) seeking to reinforce the position of Vietnamese fertilizer products in supporting Lao farmers to improve productivity and develop modern agriculture.
Companies - Tue, May 26, 2026 | 9:37 pm GMT+7
PV Gas posts record revenue equal to 1.1% of Vietnam’s GDP
At its 2026 annual general meeting of shareholders last Friday, PV Gas, a key subsidiary of stated-owned Petrovietnam, received strong shareholder backing after reporting record growth in 2025 despite heightened volatility in global energy markets.
Companies - Tue, May 26, 2026 | 8:35 pm GMT+7
Thaco eyes logistics, urban rail development in central Vietnam investment expansion plans
Vietnamese conglomerate Thaco has proposed a large-scale expansion of its investment footprint in the central province of Lam Dong as local authorities push to accelerate regional economic restructuring.
Industries - Tue, May 26, 2026 | 5:21 pm GMT+7
Vietnam's MBBank digital charity platform wins 2025 World Summit Awards
The Digital Charity Platform, a solution developed and operated by Vietnam's Military Commercial Joint Stock Bank (MB), was recognized at the 2025 World Summit Awards (WSA) in the Government & Citizen Engagement category.
Companies - Tue, May 26, 2026 | 4:34 pm GMT+7
Vinhomes raises $76 mln in latest bond issue amid debt restructuring push
Vinhomes, the housing subsidiary of Vietnam’s conglomerate Vingroup (HoSE: VIC), has raised an additional VND2 trillion ($75.9 million) through a domestic bond issuance, extending a recent fundraising streak as the property developer ramps up debt restructuring efforts and secures fresh capital.
Companies - Tue, May 26, 2026 | 3:16 pm GMT+7
Phat Dat Real Estate shares hit ceiling after tie-up with Lotte on mega project in HCMC
Shares of Phat Dat Real Estate Development Corporation (HoSE: PDR) rose to the daily limit on Tuesday after the company announced a cooperation agreement with Lotte Properties HCM to pursue the VND50 trillion ($1.9 billion) Thu Thiem Eco Smart City project in Ho Chi Minh City.
Companies - Tue, May 26, 2026 | 2:03 pm GMT+7
VinFast appoints son of billionaire Pham Nhat Vuong as chairman
Pham Nhat Quan Anh, the son of billionaire Pham Nhat Vuong, officially assumed the role of VinFast chairman from last Saturday.
Companies - Tue, May 26, 2026 | 12:13 pm GMT+7
VinEnergo Holding launched with over $3 bln capital, signaling possible new energy investment alliance
Vietnamese billionaire Pham Nhat Vuong has established VinEnergo Holding with charter capital of over VND79.76 trillion ($3.03 billion), in a move that could signal the emergence of a new capital alliance in Vietnam’s rapidly expanding energy sector.
Companies - Tue, May 26, 2026 | 11:33 am GMT+7
Hai Phong Thermal Power CEO arrested over alleged document forgery
Hai Phong Thermal Power JSC said its CEO, Duong Son Ba, has been arrested by the Ministry of Public Security's investigative agency for alleged forgery of documents belonging to organizations.
Companies - Tue, May 26, 2026 | 8:00 am GMT+7
Sun PhuQuoc Airways launches Singapore route, connecting two of Asia's 'paradise' islands
Sun PhuQuoc Airways has officially announced the launch of its scheduled flights from Vietnam's largest island Phu Quoc to Singapore.
Travel - Mon, May 25, 2026 | 5:32 pm GMT+7
Profit of Samsung’s 4 major Vietnam plants doubles in Q1, led by Thai Nguyen province site
Four major Vietnam-based subsidiaries of Samsung Electronics reported combined net profits of $1.29 billion in the first quarter of this year, more than double from a year earlier, according to the group’s Q1 consolidated financial statements.
Companies - Mon, May 25, 2026 | 4:48 pm GMT+7






















