Vietnam and Australia have agreed to elevate their bilateral relationship to a strategic partnership, opening a new stage of development for the two nations’ ties. Vietnamese Prime Minister Nguyen Xuan Phuc and his Australian counterpart Malcolm Turnbull signed a joint statement on the establishment of the strategic partnership following their talks in Canberra on Thursday. The historic event was part of PM Phuc’s official visit to Australia from March 14 to 18. It also fell on the occasion of the 45th anniversary of the Vietnam-Australia diplomatic relations. During their conversation, the two premiers expressed pleasure at the growth of bilateral trade in recent years with nearly US$6.5 billion in 2017, up seven percent compared to the previous year. Australia is now the eighth-largest trade partner of Vietnam, while Vietnam is the 15th-biggest trade partner of Australia. Both sides agreed to create maximum conditions for the intensive and comprehensive development of bilateral economic ties, and to increase economic interests in their bilateral relations. The two leaders expressed their delight at the increasing number of Vietnamese students in Australia. There are nearly 30,000 Vietnamese students in Australia, who have contributed to improving the quality of human resources and developing Vietnam’s socio-economic development…. Read full this story
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