Sustainability Phase

Expression of Interest


Vietnam and Australia share an ambition to boost bilateral trade and investment. Vietnam is a market of almost 100 million consumers with a rapidly growing middle class and an increasing appetite for premium food and beverages.

The value of Australia’s agriculture, fisheries and forestry exports to Vietnam in 2021 was A$3.361 billion, with Vietnam being Australia’s second-largest destination for plant-based exports and the seventh-largest rural export market overall. Australian rural exports to Vietnam have realised a compound annual growth of 13.35 per cent over the preceding decade, compared to a growth rate for the overall value of Australian rural exports of 4.90 per cent. This made Vietnam Australia’s fastest-growing rural market over this period.

For the past twelve months, The Australian Industry Hub (AusHub) has supported three Australian industry groups, funded by the Australian Department of Foreign Affairs and Trade (DFAT):