PM Joins VN-New Zealand Business Dialogue

PM Nguyen Tan Dung on March 20 attended and made a speech at the Viet Nam-New Zealand Business Dialogue in Auckland.

Speaking in front of nearly 100 top businesses from the two nations, PM Dung shared prosperity and potentials of Viet Nam's economy and opportunities for economic cooperation.

Viet Nam's reform process and international integration have paved the way for investors, including ones from New Zealand, to explore opportunities in the country, he asserted, adding that the Vietnamese Government advocates and facilitates New Zealand enterprises' investment in their advantageous areas such as agriculture, exploitation, telecommunications, education and training and infrastructure development.  

In term of agriculture, the PM encouraged New Zealand's businesses to strengthen cooperation and investment in this field in Viet Nam, especially technological transfer, agricultural processing and agricultural services.

Viet Nam continues to accelerate reform and economic restructuring, focusing on launching effectively three strategic breakthroughs in accordance with renewing growth model, increasing the economic capacity, quality, effectiveness and competitiveness, he revealed.

After concluding the Free Trade Agreements negotiations in the 2015-2020 phase, Viet Nam will become a crucial chain in the economic network with 55 partners, including 15 ones in the G20, he added.

Minister of Energy and Resources Simon Bridges supposed that agreements signed during PM Dung's visit to New Zealand will unbind the trade barriers and enhance connections between the two sides' businesses.  

In the future, he will lead New Zealand's top businesses to visit Viet Nam to seek cooperation and investment opportunities.

The two countries' trade turnover increased from US$300 million in 2009 to US$900 million in 2014 and is expected to exceed US$1 billion in this year.

New Zealand has poured US$82 million in 25 projects in Viet Nam, ranking 43rd among 101 nations and territories investing in Viet Nam.  

After the dialogue, PM Nguyen Tan Dung received leaders of Air New Zealand, which intends to launch a direct air route between Viet Nam and New Zealand.