6-3-204 (HANOI) Vietnamese Prime Minister Pham Minh Chinh’s visit to Melbourne will mark a significant development in energy and mineral cooperation between Vietnam and Australia. A memorandum of understanding (MoU) is set to be signed, focusing on fostering collaboration in these sectors.
The upcoming agreement aims to enhance Australia’s export of coal and liquefied natural gas (LNG) to Vietnam. Australia presently holds a crucial position as a coal supplier to Vietnam, contributing to 44% of the country’s total coal imports.
This step underscores the growing partnership between the two nations in the energy and mineral domains, providing a framework for increased collaboration and mutual benefit. As global energy dynamics continue to evolve, such agreements play a pivotal role in shaping the strategic energy landscape for both Vietnam and Australia.
