During their talks on May 2, the two PMs agreed on measures to raise Japanese investment in Vietnam to $5 billion per year and bring the bilateral trade turnover to $60 billion by 2030.
The conference also saw calls for the US to open its market to Vietnamese imports of US high-tech goods and to develop a roadmap toward recognizing Vietnam as a market economy.
At the Second Special ASEAN Economic Ministers' Meeting on negotiations for upgrading ATIGA, held online on May 9, Minister Nguyen Hong Dien urged ASEAN members to continue fostering unity, work towards resolving outstanding differences, and ensure the upgraded ATIGA is feasible, effective, and sustainable for all parties.
This event highlights a shared commitment to developing smarter, greener, and more livable cities in Vietnam, while deepening economic and trade relations between Australia and Vietnam.