Packaging being wrapped for export to Australia at Kim Cuong Production Trading Service Co in HCM City. — Photo courtesy of the company

The second virtual Vietnam Sourcing Expo on “Build and Home Decor” will be held by the Vietnamese trade office in Australia following the success of last year's event.

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 Viet Nam to organise the first exhibition of its kind as part of efforts to help Vietnamese enterprises make deeper inroads into the Australian market.

Australia is witnessing a boom in demand for construction materials and housing.

Viet Nam’s export turnover of construction-related products to the country has posted strong growth.

Despite COVID-19’s impact on global trade, Viet Nam’s exports to Australia grew 62.08 per cent year-on-year in January to almost US$391 million.

Bilateral trade increased 39.92 per cent against January 2020 to approximately $873 million, according to the General Department of Viet Nam 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. — VNS