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Thao Vi – Thanh Nien News – Wednesday, 26 February 2014 (originally published 24 Feb)

Australia's Foreign Minister Julie Bishop tastes a dish

Australia’s Foreign Minister Julie Bishop tastes a dish at a ceremony introducing “Building an effective and sustainable vegetables trade and production system in north western Vietnam” project. Image: VnExpress

Australia’s Foreign Minister Julie Bishop has announced three packages worth US$6 million to support women’s empowerment and economic reforms in Vietnam during her recent official visit.

Following a meeting with the Minister of Industry and Trade Vu Huy Hoang and Minister of Planning and Investment Bui Quang Vinh in Hanoi on Wednesday, Bishop said Australia would provide A$2.5 million (US$2.25 million) to Vietnam through an initiative aiming to improve investment reform, rural sector restructuring and competition policy.

These reforms would help Vietnam meet its commitments under regional and international trade agreements, and lift the country’s economic competitiveness to boost its regional and global trade, she said.The initiative builds on the successes of the Beyond WTO Program, which has provided more than A$9 million (US$8.1 million) to help Vietnam gain the maximum benefits from its accession to the World Trade Organisation in 2007 . . .

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