At the Vietnam-New Zealand Business Dialogue. (Photo: VNA)Themed “A Strategic Partnership in Trade andInvestment”, the dialogue was jointly held by Vietnam’s Ministry of Industryand Trade (MoIT) and Ministry of Planning and Investment, and the New ZealandEmbassy in Vietnam.
It offered a platform for policy makers andbusinesses of the two countries to discuss investment and business opportunitiesand promote the bilateral trade.
In her remarks, PM Ardern stressed the importantrole by enterprises in bolstering cooperation between the two countries, andthat the bilateral trade and investment ties have been growing despitechallenges induced by the COVID-19 pandemic.
The leader said the two sides shared the belief that bilateral trade will hit 2.4 billion USD by 2024, adding the two economiesare reciprocal with suitable products like milk, wood and food.
The two economies have also been connected togetherthrough free trade agreements (FTAs) like the Regional Comprehensive EconomicPartnership (RCEP) and the Comprehensive and Progressive Agreement for Trans-PacificPartnership (CPTPP), and both have effectively materialised these deals, shecontinued.
The visiting PM isaccompanied by many businesses and representatives from competent agencies ofNew Zealand, which she called a great opportunity for the two sidesto seek ways to foster cooperation in agriculture and other spheres like food,beverage, education, health care, energy, technology, innovation andenvironmental management.
Ardern used the occasion to invite Vietnamese firmsto visit New Zealand to scope out investment and cooperation opportunities inthe country.
Delegates at the dialogue pose for a photo. (Photo: VNA)The two-way trade tripled over thepast decade, and it is still growing strongly even amid the regional and globaleconomy and commerce impacted by the pandemic and geo-political uncertainties, he said.
The minister suggested the two economies tighten their cooperation,and called on New Zealand businesses to invest in such areas as digitaleconomy, digital transformation, new and renewable energy, high-techagriculture, safe food supply chains, post-harvest preservation technology, andthe processing of agricultural and aquatic products in Vietnam.
Participating businesses raised proposals to thetwo Governments, focusing on further improving the investment environment in bothcountries./.
VNA
