- Minister Peter Tinley aims to strengthen economic and cultural ties with Vietnam
- WA and Vietnam well placed to diversify economies
- Education, trade and investment, and tourism offer mutually beneficial opportunities
Western Australia's Asian Engagement Minister Peter Tinley sets off for Vietnam tomorrow (April 22) to explore how best to strengthen and grow economic ties with our Asian neighbour.
Vietnam - poised to achieve top 20 global economy status by 2050 - is WA's 16th biggest trading partner, with total trade valued close to $1.2 billion in 2017-18.
Western Australia has strong trade and investment ties with Vietnam as well as historically significant cultural ties with the Vietnamese people.
The Minister's tour group will include the WA Government's Singapore Office Commissioner John Catlin, WA Education and Vocational Training Business Development Manager Thuy Vo and Australian Consulate-General (Ho Chi Minh City) Economic/Political Consul Shaun Fitzgerald.
Mr Tinley will visit the Vietnamese facilities of WA shipbuilding firm Austal in Ba Ria-Vung Tau Province before travelling to Hanoi for more meetings, including one with Trade Commissioner Shannon Leahy.
Comments attributed to Asian Engagement Minister Peter Tinley:
"WA has a vibrant community of Vietnamese-Australians, with the most recent Census data showing 15,845 Vietnam-born people living in WA - an increase of 24.6 per cent since 2011.
"Vietnamese people make a significant contribution to WA's economy and community. In return, I intend to ensure that as many people as possible are informed about what WA has to offer the people of Vietnam.
"WA's proximity to Asia offers advantages and opportunities in many areas including education, trade and investment, and tourism.
"Since 1990 Vietnam's GDP per capita growth has been among the fastest in the world, averaging 6.4 per cent a year in the 2000s. There is an obvious 'fit' between our two cultures and economies."
Minister's office - 6552 5300