Vietnamese Ambassador to Australia Pham Hung Tam visited South Australia from March 11–14 to seek stronger cooperation between Vietnam and the Australian state.

Vietnam and Australia will prioritise coordination in implementing the Comprehensive Strategic Partnership, including the newly established ministerial-level dialogue mechanisms on trade, energy and minerals to create a favourable environment for their businesses.

The Australian Trade and Investment Commission (Austrade) recently organised a roadshow in the central province of Khanh Hoa to unlock Vietnam – Australia cooperation opportunities in the fields of education and trade.

The Vietnam-Australia trade and investment promotion forum and a conference promoting trade and investment in Vietnam's northern province of Thai Binh took place in Sydney on September 11, aiming to facilitate direct contact and exchange of cooperation, business, and investment opportunities between Vietnamese and Australian government agencies, organisations, and firms.

Vietnam is the largest cotton importer of Australia with 38.8% of the market share, according to the Australian Trade and Investment Commission (Austrade) which predicted that Vietnam will hold this position in following years.

VOV.VN - A Vietnamese Minister has called on the Australian Department of Foreign Affairs and Trade to remove difficulties and swiftly open the market for Vietnamese agricultural products, including passion fruit and pomelo.

A Vietnam-Australia business forum was held in Sydney on June 27 to help Vietnamese enterprises know more about the Australian market and connect them with businesses in this Oceania country.

A Vietnam-Australia trade and tourism promotion conference was held by Vietnam Airlines, Thien Minh Group and Vinpearl JSC in Sydney on April 19, drawing a large number of Australian businesses and travel firms from different Australian localities.

Two-way trade between Vietnam and Australia is expected to surpass the projection of US$15 billion and set a new record in 2022.

Trade revenue between Vietnam and Australia approximated US$11 billion in the first eight months of 2022, up 37.44% from a year earlier, statistics show.