TheVietnamese PM will also make an official visit to Australia and attend the ASEAN-AustraliaSpecial Summit in Sydney from March 14-18 at the invitation of Australian PrimeMinister Malcolm Turnbull.
PM Phuc is accompanied byDeputy PM and Foreign Minister Pham Binh Minh, National Assembly Vice ChairmanUong Chu Luu, Minister-Chairman of the Government Office Mai Tien Dung,Minister of Planning and Investment Nguyen Chi Dung, Minister of Trade andIndustry Tran Tuan Anh, Minister of Agriculture and Rural Development NguyenXuan Cuong, Minister of Science and Technology Chu Ngoc Anh, Minister ofLabour, Invalids and Social Affairs Dao Ngoc Dung, and head of the National Assembly Ombudsman Committee Nguyen ThanhHai, among others.
Vietnam and New Zealand set up diplomatic relations in 1975.Vietnam is New Zealand’s 16th largest trade partner with the two-way tradehitting about 1.2 billion USD in 2017. The two nations aim to raise bilateraltrade to 1.7 billion USD by 2020, making economic cooperation a pillar of theirrelationship.
Meanwhile, Vietnam and Australia have celebrated the 45thanniversary of their diplomatic ties early this year.
The two nations are enjoying sound bilateral trade withaverage annual growth standing at 12.5 percent and trade value hitting over 9billion USD in 2017. Australia has landed 378 projects valued at 1.7 billionUSD in Vietnam, focusing on industry and construction, services, education,processing industry and agro-forestry-fisheries sector.
Vietnam and Australia are expected to elevate their relationship to a strategic partnership during Prime MinisterNguyen Xuan Phuc’s visit.-VNA