Prime Minister Pham Minh Chinh welcomes companies that have invested or are planning to invest in Vietnam – Photo: VGP/Nhat Bac
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Simon Bridges said that New Zealand businesses have been interested in Vietnam’s remarkable development over the past 20 years, recognizing many investment and business opportunities in Vietnam and achieving many successful projects.
Recognizing the favorable investment environment and potential in Vietnam, New Zealand businesses are actively working with Vietnamese ministries, sectors, and enterprises. They hope that the Government will continue to create favorable conditions and promote investment and business activities in Vietnam, especially in areas such as renewable energy, real estate, aviation, and fruit and vegetable import-export.
The Prime Minister stated that Vietnam is committed to creating favorable conditions and always protecting the legitimate rights and interests of investors, enabling them to invest and do business effectively and sustainably in Vietnam – Photo: VGP/Nhat Bac
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After exchanging ideas and addressing the proposals of New Zealand business leaders, Prime Minister Pham Minh Chinh welcomed companies that have invested or are planning to invest in Vietnam. He reaffirmed Vietnam’s commitment to creating favorable conditions and always protecting the legitimate rights and interests of investors, enabling them to invest and do business effectively and sustainably in Vietnam.
 According to the Prime Minister, after nearly 50 years, Vietnam-New Zealand relations are developing positively in all fields – Photo: VGP/Nhat Bac
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According to the Prime Minister, Vietnam-New Zealand relations have been developing positively in all fields after nearly 50 years, aiming for new heights. Both countries are participating in the Regional Comprehensive Economic Partnership (RCEP), ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA), and Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
“These are important foundations for businesses from both countries to promote investment cooperation,” emphasized the Prime Minister.
 Simon Bridges, Chairman of the Auckland Business Council, said that New Zealand businesses have recognized many investment and business opportunities in Vietnam and have had many successful projects in Vietnam – Photo: VGP/Nhat Bac
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The fields that New Zealand businesses are interested in and willing to cooperate and invest in Vietnam are also the priority and potential development areas in Vietnam. The Prime Minister suggested that New Zealand businesses continue to work with Vietnamese ministries and sectors to implement specific projects.
In particular, Vietnam is in the process of energy transition and has great potential for developing wind and solar power, as well as the demand for developing urban areas and industrial infrastructure. Vietnam imports some agricultural and aquatic products from New Zealand and desires to export fruits and agricultural products that New Zealand has demand for.
 The Prime Minister suggested that New Zealand businesses continue to work with Vietnamese ministries and sectors to implement specific projects – Photo: VGP/Nhat Bac
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In the aviation sector, the Prime Minister stated that Vietnam previously had direct flights to New Zealand, but they were interrupted due to the COVID-19 pandemic. However, with the recovery of the economy and society, while Vietnam has thousands of people doing business, living, and studying in New Zealand, and Vietnamese people have a great interest in traveling to New Zealand, there will be agreements to improve visa policies, and the demand for travel and transportation between the two countries will increase, providing a great opportunity to fully reopen direct flights.
Affirming that there is still great potential for investment and business cooperation between Vietnam and New Zealand, the Prime Minister considers it necessary to have high determination, great efforts, and specific solutions to promote development cooperation in the new phase. In the short term, it is necessary to overcome supply chain disruptions and aim to reach a bilateral trade turnover of 2 billion USD.
Ha Van
