To continue the economic growth Vietnam has experienced since its Đổi Mới reforms started in 1986 and to secure its strategic position in the Indo-Pacific region, Vietnam is seeking economic and strategic partners in the region. Today, Australia is poised to establish a strategic partnership with Vietnam. Since the end of the Vietnam War, Australian foreign policy supported Vietnam's integration into ASEAN and the global economy. Australian businesses were early investors in Vietnam's growing economy. This shared history serves as a strong foundation for an economic partnership.
This publication is written by Kyle Springer, Program Manager at the Perth USAsia Centre as part of the Indo-Pacific Insight Series.