Anna Diep writes that the Asian wine market has plenty of potential for savvy Australian wine exporters set to capitalise on the region’s growth and reap the rewards on the back of the strong dollar.
...read moreArticles Tagged 'Vietnam'
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Global banking giant Citigroup has identified Vietnam as one of the 11 3G (Global Growth Generators) countries to watch. Although overshadowed by its larger Asian neighbours China and India, Vietnam has experienced remarkable economic growth over the last decade, despite the global financial crisis and the nation’s low starting point. Citigroup economist Willem Buiter predicts [...]
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Australian wines account for 15 percent of total wine imports into Vietnam, ranking second only to French wine. Vietnam has experienced remarkable economic growth over the last decade and, with 87 million consumers and retail sales up 20 per cent year on year, is an attractive export market with increasing opportunities for Australian wine producers [...]
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A wave of change is sweeping over the developing nation of Vietnam. While still a single-party state, power continuing to lie with the Communist Party of Vietnam, the appointment of relatively young politicians into newly created ministries is considered a significant generational change and a sign of the reformationist culture bringing the country into the [...]
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Fairfax newspaper The Age has implicated the Reserve Bank of Australia (RBA) and Austrade in a scandal over a banknote printing deal in Vietnam. Polymer banknote exporter Securency, half-owned by the RBA, allegedly bribed Vietnamese government officials with hefty commissions – more than $12 million – in a case now being investigated by the Australian [...]
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European Union Trade Commissioner Catherine Ashton has recommended that penalty taxes on Chinese and Vietnamese shoe imports into Europe be extended by 15 months. Since October 2006, the EU has applied the penalties in response to dumping, in effect acting as fines for China and Vietnam exporting goods below production cost. However, the European Footwear [...]
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Australian Minister for Trade Simon Crean believes Asia’s economic recovery, and capacity to maintain open trade, will drive global economic recovery. Crean spoke between sessions at last week’s Association of South East Asian Nations (ASEAN) conference and said the significant growth potential of Asia was key to global revival. Beyond China and India, he predicted [...]
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Former Queensland cabinet minister Steve Bredhauer has been questioned over his commercial links during his stint as Queensland’s trade representative to China and Vietnam after the Opposition found he received a ‘success fee’ after assisting a major company. The government’s register shows Bredhauer received the money after advising Leighton Contractors and Associated Entities. The associated [...]
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Australia will contribute $12 million toward a five-year program to assist Vietnam in maximising employment opportunities and reducing poverty as it integrates with the global economy. The second phase of the Beyond WTO program will aim to: strengthen the institutions of the market economy in areas such as competition, state owned enterprise reform and land [...]
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Minister for Trade Simon Crean will visit Singapore and Vietnam this week for a series of high-level meetings that will address regional issues and Australia’s trade and economic interests. In Singapore, Mr Crean will attend the APEC Meeting of Ministers Responsible for Trade, which he says will boost political energy going into the next Doha [...]
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