Enhancement of Trade and Investment in Agriculture Between Australia and Vietnam: Opportunities and Challenges

This article highlights bilateral investment and trade between Australia and Vietnam. Through analysis of the situation of trade and investment in agriculture and addressing strengths and weaknesses in agriculture of each country, opportunities and threats in fostering trade and investment in agriculture between the two countries are demonstrated. Results show that geographic, climate conditions, government interests, stable socioeconomic environments, and potential benefits are key opportunities to enhance trade and investment in agriculture between the two countries. However, both countries have to deal with obstacles in requirements of food security, food safety, the competitiveness of the agriculture sector, and issues in trade policies.