Victoria's expertise in education, innovation and food and fibre on show in Vietnam and Indonesia.
Victoria's Minister for Small Business, Innovation and Trade travelled across the two Southeast Asian countries promoting Victoria's strengths, overseeing new collaborations and paving the way for more investment opportunities with our local businesses.
During the visit a number of agreements were reached, including:
- The Victorian Government and AusCham Vietnam signed a Memorandum of Understanding (MoU) to share information and collaborate across major industry sectors including food and agribusiness, and education and training.
- RMIT University's Vietnam campus signed a MoU with venture capital fund Vina Capital to establish a professorial chair at the university's Ho Chi Minh City campus specialising in Vietnamese investment.
- RMIT, Indonesia Logistic Association and two Indonesian Universities also signed a MoU, agreeing to map Indonesia's industry skill gaps and develop a skills training paper.
- Finally, the Minister and the Indonesian Minister for Tourism agreed to explore more opportunities for establishing student exchange programs, faculty exchanges, educational programs and competency certification programs.
The agreements highlight Victoria's growing reputation for education excellence across the region. Vietnam and Indonesia already make significant contributions to Victoria's international education sector, with Vietnam currently the state's fourth largest source for international students.
International Education is Victoria's largest service export worth $6.5 billion dollars to our local economy – also supporting more than 30,000 jobs across the state.
Read more about Victoria's trade relationship with Southeast Asia.