(VOVworld) - Participants at a workshop held in Sydney on Monday advised Vietnamese companies to study the local market and export regulations to successfully penetrate the Australian market.

Vietnamese booth at the exhibition (Photo:VNA)

Participants shared their practical experiences, difficulties, and challenges facing Vietnamese firms when they penetrate into the strict market.

They said that Australia’s trade and tax policy is relatively transparent but non-tax barriers such as regulations on quality and sanitation pose challenges.
With the current exports, Vietnamese companies should step up measures to address their limitations to increase Vietnam’s exports on par with its potential and Australia’s import needs.

Held by the Vietnam Sydney Business Association in collaboration with the Vietnam Trade Representative Office in Australia, the event attracted more than 20 companies from Vietnam and enterprises run by Vietnamese-Australians and Australian experts in insurance, real estate, and finance.