2020 is shaping up as a significant year, with Vietnam hosting its first Association of Southeast Asian Nations (ASEAN) summit in a decade and RMIT Vietnam also celebrating its 20th anniversary.
Australia and Vietnam are free trade partners through the ASEAN Australia New Zealand Free Trade Agreement and the Trans-Pacific Partnership, and are having ongoing negotiations on a Regional Comprehensive Economic Partnership.
Morrison said the two-way trade was growing strongly, having grown by nearly 11 per cent per annum over the last five years to reach $14.5 billion in 2018.
“We are working together in a very practical way, building closer connections,” he said.
“Australia’s support for Vietnam’s development and growth, which has helped build these strong foundations, has evolved into a genuine economic partnership which is strong and vibrant.”
He also praised Australian companies and institutions, including RMIT, that embodied the partnership and exemplified Australia’s reputation for quality goods and services in Vietnam.
“It’s great to see RMIT and our vocational education providers helping produce job-ready graduates for Vietnam’s growing workforce,” Morrison said.
“And I thank Vice-Chancellor Bean for his strong support of tonight’s event.”
The Vice-Chancellor said RMIT looked forward to continuing its work with the Vietnamese Government and in collaboration with the Australian Government on domestic and regional policy challenges.
“It’s an honour to be woven into the fabric of today’s Vietnam. The country’s energy, diversity, challenge and change is so very RMIT,” he said.
“We’re committed to playing a meaningful role in its bright future, to producing graduates of the highest calibre and creating lasting partnerships that make a difference.”
Story: Shelley Brady