Ann: Victoria Coldry License Deal Signed (Replace, page-3

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"The relationship between Australia and Vietnam continues on an upward trajectory and this visit and the accompanying business delegation is proof of this," Mr Crean said.

As part of the visit, the Australian Government will witness the signing of a new USD 100 million export deal between an Australia's Environmental Clean Technologies (ETC) and Vietnam's Thang Long Investment and Commercial Joint Stock Company (TinCom).

"This is a good news story about Australia's cleaner coal technology being used to transform brown coal into cleaner, black coal equivalent energy pellets."

"It is about Australian technology being used to deliver a more environmentally sensitive energy solution to the people of Vietnam a small but important contribution to the global effort to reduce carbon emissions," Mr Crean said.

"Vietnam is buying the Australian resource but also, importantly, investing in the Australian technology to lower the carbon footprint."