PM’s visit to be driving force for Vietnam-New Zealand ties: diplomat

The official visit to New Zealand by Vietnamese Prime Minister Nguyen Xuan Phuc from March 11 to 14 will create a driving force for the enhancement of the countries’ comprehensive partnership and the expansion of cooperation areas in the future, Ambassador Nguyen Viet Dung has said.
pms visit to be driving force for vietnam new zealand ties diplomat

Prime Minister Nguyen Xuan Phuc and his wife left Hanoi on March 11 for an official visit to New Zealand from March 11 -14

The Vietnamese ambassador to New Zealand made the remark in an interview with Vietnam News Agency on the threshold of the trip.

Ambassador Dung said the visit is made amid the developing cooperation and friendship between Vietnam and New Zealand. It is meant to affirm Vietnam’s consistent foreign policy of independence, autonomy, and multilateralisation and persification of foreign relations, including those with New Zealand.

The visit will also be an occasion for the two sides to strengthen political trust and create a solid foundation to intensify bilateral cooperation under the orientations set up in the Vietnam-New Zealand Action Plan for 2017-2020, signed in November last year when New Zealand PM Jacinda Ardern attended the APEC Economic Leaders’ Week in Vietnam.

He noted since the two countries established their diplomatic relationship in 1975 and the comprehensive partnership in 2009, bilateral ties have been increasingly reinforced as seen through regular mutual visits and meetings at high levels and cooperation between their ministries, sectors and localities.

Economic and trade connections have posted great strides, the diplomat said, adding that during the trip, the two sides will hold a business forum in Auckland city, and the event is expected to attract a number of big enterprises from the countries.

Vietnam is currently the 16th biggest trade partner of New Zealand. Bilateral trade has grown by 15-20 percent over the last five years. According to the Statistics New Zealand, trade between the countries in 2017 surged by nearly 30 percent from the previous year to surpass 1.6 billion NZD (US$1.2 billion), including 753 million NZD of Vietnam’s exports.

With this trade growth trend and the two economies’ ability to support each other, the targeted trade in goods and services of 2.5 billion NZD (US$1.7 billion) in 2020 is completely achievable, he said.

At present, the countries are members the ASEAN-Australia-New Zealand Free Trade Agreement, which took effect in January 2010, and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) that was signed in Chile on March 8. Vietnam and New Zealand, along with nine other ASEAN member nations and five partner countries of ASEAN, are also taking part in the negotiation on the Regional Comprehensive Economic Partnership (RCEP).

Ambassador Dung noted education is a highlight of bilateral relations. More than 2,200 Vietnamese students are studying in New Zealand. During the visit, the two PMs are set to witness the signing of some educational cooperation documents such as a strategic cooperation plan for 2018-2020 and some agreements between universities, with the aim of increasing the number of Vietnamese students in New Zealand by 30 percent by 2020.

Agriculture is also an important contributor to trade and investment ties. Vietnam and New Zealand have traded a number of agricultural products. New Zealand has also assisted Vietnam to develop value chains in agricultural production and build the capacity of small- and medium-sized enterprises.

The ambassador said there remains much room for the two countries to boost aviation and tourism links. Vietnamese tourists to New Zealand have risen by 32 percent while the number of New Zealand visitors to the Southeast Asian nation has soared by 41 percent thanks to Air New Zealand’s opening of seasonal direct flights from Auckland to Ho Chi Minh City in 2016.

According to the diplomat, it is of utmost importance to effectively implement cooperation in the prioritised fields listed in the Action Plan for 2017-2020. They need to make new breakthroughs and lay new milestones in each field and create favourable conditions for their enterprises to invest and do business in each other’s markets to optimize the advantages brought by free trade agreements.

Vietnam need to make use of those trade deals, step up trade promotion, and set up targets for each group of commodities to help its goods, especially agricultural products, to access New Zealand’s market, he added.

During the interview, Ambassador Dung voiced his belief that the Vietnam-New Zealand relationship, nurtured by generations of the countries’ leaders and people, will reach a new height – strategic partnership – in the near future for the sake of each country’s people and for peace, stability, cooperation, development and prosperity in Asia-Pacific and the world.

Source: VNA

Related News

PM requests to continue improving efficiency of digital transformation in customs

PM requests to continue improving efficiency of digital transformation in customs

VCN - Prime Minister Pham Minh Chinh has just signed a document requesting ministries, central and local agencies to continue to improve the efficiency of digital transformation in the customs field.
Wood exports started well

Wood exports started well

VCN - After a year of missing the growth target, the year of 2024 exporting wood and wood products has had a good start, but there are still many potential risks.
Leverage to increase the scale of Vietnam - Laos trade turnover

Leverage to increase the scale of Vietnam - Laos trade turnover

VCN - From 2012 until now, trade turnover between the two countries has grown by 10-15%/year, but it has only reached US$1.65 billion which is not commensurate with the potential and special relationship between the two countries.
Vietnam-China trade reaches over US$ 27 billion

Vietnam-China trade reaches over US$ 27 billion

VCN – China continues to be the Vietnam's largest trading partner.

Latest News

Vietnam ranks third in Southeast Asia in startup investment attraction

Vietnam ranks third in Southeast Asia in startup investment attraction

Vietnam maintained its third position in the number of investment deals and regained the third place in terms of total investment in startups in Southeast Asia.
All-out efforts needed to get IUU yellow card removed: Minister

All-out efforts needed to get IUU yellow card removed: Minister

Competent ministries, sectors and localities should continue efforts to lift the European Commission’s “yellow card” against the Vietnamese seafood products for illegal, unreported and unregulated (IUU) fishing, as an inspection team of the commission will visit Vietnam soon, Minister of Agriculture and Rural Development Le Minh Hoan.
Vietnam expected to become e-commerce powerhouse in Southeast Asia

Vietnam expected to become e-commerce powerhouse in Southeast Asia

Vietnam has emerged as one of the most promising shoppertainment markets and is expected to become an e-commerce powerhouse in Southeast Asia.
Vietnam ranks third in Southeast Asia in startup investment attraction

Vietnam ranks third in Southeast Asia in startup investment attraction

Vietnam maintained its third position in the number of investment deals and regained the third place in terms of total investment in startups in Southeast Asia.

More News

Elevating the core values of the national brand

Elevating the core values of the national brand

VCN - Vietnam is consistently recognized as one of the most dynamic and open economies in the world, becoming the fourth-largest economy in ASEAN and the 40th globally. However, in the context of a competitive economy, the issue of branding remains a weakness for Vietnamese enterprises.
​​​​​​​VN needs drastic reforms to create firm ground for economic growth: experts

​​​​​​​VN needs drastic reforms to create firm ground for economic growth: experts

Việt Nam’s economy has a good start with a growth rate of 5.66 per cent in the first quarter of this year, the highest rate since 2020. However, whether the recovery is firm remains a question.
E-commerce contributes $7 million in taxes during 2022-23

E-commerce contributes $7 million in taxes during 2022-23

A number of solutions have been implemented to enhance the tax management on e-commerce, including the
Standard Chartered revises down Vietnam’s  GDP growth forecast in 2024 to 6%

Standard Chartered revises down Vietnam’s GDP growth forecast in 2024 to 6%

Standard Chartered Bank has lowered Vietnam’s GDP growth forecast in 2024 to 6% from the previous 6.7% due to lower-than-expected Q1 growth and global trade headwinds.
Investor confidence gains traction on improved business climate

Investor confidence gains traction on improved business climate

Better investment climate, with simplified administrative producers and special incentives, has helped improve investor confidence, thus catalysing investments from a wider pool of both domestic and international investors for socio-economic development.
Vietnam

Vietnam's exports to Canada lead among CPTPP countries

VCN - Ms. Tran Thu Quynh, Commercial Counselor, Vietnam Trade Office in Canada shared with Customs Magazine about the picture of Vietnamese goods in Canada with a lot of potential that can be further exploited, and recommendations for businesses, along with activities deployed by the Trade Department to support businesses to conquer this attractive "billion dollar" market.
Many new regulations aim to drastically remove the IUU "Yellow Card"

Many new regulations aim to drastically remove the IUU "Yellow Card"

VCN - Many new regulations against illegal, unreported, unregulated (IUU) fishing have been issued to help Vietnam complete the legal framework and soon remove the IUU "Yellow Card" in 2024.
PM chairs meeting of national committee for digital transformation

PM chairs meeting of national committee for digital transformation

Prime Minister Pham Minh Chinh chaired the eighth meeting of the National Committee for Digital Transformation on April 24, which aims to assess digital transformation efforts and development of the digital economy in recent times and discuss tasks and solutions for accelerating the work in 2024.
Seize the golden opportunity as retail giants look for supplies in Vietnam

Seize the golden opportunity as retail giants look for supplies in Vietnam

VCN - The world's leading purchasing and retail corporations all plan to increase the purchasing of goods in Vietnam. However, Vietnamese businesses still need to improve many factors to be able to grasp this opportunity.
Read More

Your care

Latest Most read
Vietnam ranks third in Southeast Asia in startup investment attraction

Vietnam ranks third in Southeast Asia in startup investment attraction

Vietnam maintained its third position in the number of investment deals and regained the third place in terms of total investment in startups in Southeast Asia.
All-out efforts needed to get IUU yellow card removed: Minister

All-out efforts needed to get IUU yellow card removed: Minister

Competent ministries, sectors and localities should continue efforts to lift the European Commission’s “yellow card” against the Vietnamese seafood products for illegal, unreported and unregulated (IUU) fishing, as an inspection team of the commission will visit Vietnam soon, Minister of Agriculture and Rural Development Le Minh Hoan.
Vietnam expected to become e-commerce powerhouse in Southeast Asia

Vietnam expected to become e-commerce powerhouse in Southeast Asia

Vietnam has emerged as one of the most promising shoppertainment markets and is expected to become an e-commerce powerhouse in Southeast Asia.
Vietnam ranks third in Southeast Asia in startup investment attraction

Vietnam ranks third in Southeast Asia in startup investment attraction

Vietnam maintained its third position in the number of investment deals and regained the third place in terms of total investment in startups in Southeast Asia.
Elevating the core values of the national brand

Elevating the core values of the national brand

VCN - Rice is one example. Despite being among the top countries in rice export volume, the Vietnamese rice brand remains quite faint in many markets worldwide.
Mobile Version