Online expo to promote Vietnamese construction products in Australia
The second virtual Vietnam Sourcing Expo on “Build and Home Décor” will be held by the Vietnamese trade office in Australia following the success of the first one in 2020.
According to the office, Vietnamese enterprises can register for free space in the expo via email at vntrade@bigpond.net.au. The office has also provided data on importers, tax lines, and conditions for imports on its business-matching mobile app Viet-Aus Trade.
The app also provides a platform for Vietnamese businesses operating in construction materials and exterior and interior decorations to advertise their products.
The office said that last year it worked with business associations in Australia and export companies in Vietnam to organise the first exhibition of this kind as part of efforts to help Vietnamese enterprises make deeper inroads into the Australian market.
Australian is witnessing a boom in demand for construction materials and housing.
Vietnam’s export turnover of construction-related products to the country has posted strong growth.
Despite COVID-19’s impact on global trade, Vietnam’s exports to Australia grew 62.08% year-on-year in January to almost US$391 million.
Bilateral trade increased 39.92% against January 2020 to approximately US$873 million, according to the General Department of Vietnam Customs.
The office said that there was a surge in the number of Australian businesses seeking Vietnamese partners via the trade office last year. Most highly value the quality of Vietnamese products and wish to expand their market and diversify supply sources.
