Prime Minister Nguyen Xuan Phuc (standing) speaks at the Vietnam-New Zealand Business Forum (Photo: VNA)Auckland (VNA) – Prime Minister NguyenXuan Phuc advocated boosting cooperation between Vietnam and New Zealand infields of mutual interest such as education-training, organic agriculture,smart agriculture, and infrastructure while addressing the Vietnam-New ZealandBusiness Forum in Auckland on March 13.
The event, which was attended by more than 300businesses and investors from the two countries, was held in the framework of theVietnamese PM’s official visit to NZ from March 12-14.
PM Phuc told the audience that Vietnam’sbusiness environment has been significantly improved in recent years as seen inassessments made by the World Bank and the World Economic Forum. He also citedthe latest survey of the Japan External Trade Organisation (JETRO) in lateFebruary which showed that nearly 70 percent of Japanese firms operating inVietnam have plans to expand business in the country. Furthermore, more than 62percent of Japanese businesses claimed that doing business in Vietnam isprofitable.
According to the Business Climate Index releasedby the European Chamber of Commerce in Vietnam (EuroCham) for the last quarterof 2017, 63 percent of businesses perceived Vietnam’s current business climateas “good” and “very good” while nearly 86 percent of enterprises claimed theywant to maintain and expand investment in the Southeast Asian country.
In February 2018, Nikkei announced that Vietnam scored53.5 points in Purchasing Managers’ Index (PMI), the highest in the Associationof Southeast Asian Nations (ASEAN).
The PM also reported that Vietnam’s economicgrowth in the first quarter of 2018 was estimated at a record 7.41 percent.
He affirmed that the Vietnamese Government willcontinue improving the usiness environment to attract more domestic and foreigninvestors and ensure their interests in accordance with Vietnamese regulations.
He said when doing business in Vietnam, NewZealand firms can access not only a nearly 100 million strong market but alsothe 600-million strong ASEAN along with the vast neighbouring Chinese marketthrough Vietnam.
The PM hoped the two sides’ businesses willdiscuss specific cooperation opportunities at the forum, especially when theComprehensive and Progressive Agreement for Trans-Pacific Partnership (CP TPP)has been signed with Vietnam and New Zealand as members.
Minister of Agriculture, Biosecurity, FoodSafety, and Rural Communities Damien O’Connor said New Zealand wants tofurther deepen trade relations with Vietnam, adding that he hoped the forumwill bring benefits for both sides.
At the forum, PM Phuc answered many questionsraised by New Zealand businesses regarding Vietnam’s policies to betterbusiness environment and attract investment in infrastructure development.
Afterwards, the PM witnessed the signing ofagreements on bilateral cooperation in the fields of agriculture and education,and between the Vietnam Chamber of Commerce and Industry (VCCI) and New ZealandBusiness Council.-VNA
According to the Business Climate Index releasedby the European Chamber of Commerce in Vietnam (EuroCham) for the last quarterof 2017, 63 percent of businesses perceived Vietnam’s current business climateas “good” and “very good” while nearly 86 percent of enterprises claimed theywant to maintain and expand investment in the Southeast Asian country.
In February 2018, Nikkei announced that Vietnam scored53.5 points in Purchasing Managers’ Index (PMI), the highest in the Associationof Southeast Asian Nations (ASEAN).
The PM also reported that Vietnam’s economicgrowth in the first quarter of 2018 was estimated at a record 7.41 percent.
He affirmed that the Vietnamese Government willcontinue improving the usiness environment to attract more domestic and foreigninvestors and ensure their interests in accordance with Vietnamese regulations.
He said when doing business in Vietnam, NewZealand firms can access not only a nearly 100 million strong market but alsothe 600-million strong ASEAN along with the vast neighbouring Chinese marketthrough Vietnam.
The PM hoped the two sides’ businesses willdiscuss specific cooperation opportunities at the forum, especially when theComprehensive and Progressive Agreement for Trans-Pacific Partnership (CP TPP)has been signed with Vietnam and New Zealand as members.
Minister of Agriculture, Biosecurity, FoodSafety, and Rural Communities Damien O’Connor said New Zealand wants tofurther deepen trade relations with Vietnam, adding that he hoped the forumwill bring benefits for both sides.
At the forum, PM Phuc answered many questionsraised by New Zealand businesses regarding Vietnam’s policies to betterbusiness environment and attract investment in infrastructure development.
Afterwards, the PM witnessed the signing ofagreements on bilateral cooperation in the fields of agriculture and education,and between the Vietnam Chamber of Commerce and Industry (VCCI) and New ZealandBusiness Council.-VNA
Source: VNAVNA
