The 9th Vietnam-Australia Diplomacy and Defense Strategic Dialogue session. Photo: Ministry of Foreign Affairs

The two sides stressed the need to further strengthen bilateral economic, trade and investment cooperation with an aim to become each other’s top 10 leading trade partners and doubling two-way investment capital.

The Australia side expressed its wish to promote cooperation with Vietnam in the fields of digital transformation, digital economy, and high-tech industries, increasing investment in wind power, diversifying supply chains, training and developing businesses, especially small- and medium-sized enterprises in line with Australia's Southeast Asia Economic Strategy to 2040.

Vietnam highly valued Australia’s provision of ODA in areas of gender equality, climate change response, environment, and energy transition.

The two sides agreed to bolster cooperation in education, continuing to make it a key pillar of the bilateral comprehensive strategic partnership. They will create more favorable conditions for people-to-people exchange and locality-to-locality cooperation, while strengthening the promotion of each other’s culture to deepen mutual understanding between the two peoples.

They agreed to further promote cooperation at multilateral forums. Australia reaffirmed its continued close cooperation with ASEAN and support to ASEAN in promoting its central role in the regional rule-based structure, as well as support to the settlement of disputes in the East Sea through peaceful measures with respect to international law, especially the 1982 United Nations Convention on the Law of the Sea (UNCLOS).

Vietnam and Australia concurred to organize the 10th edition of this dialogue in Australia at an appropriate time.