Illustrative image (Source: VNA) Sydney (VNA) – The Vietnam Trade Office partnered with the Wellington Chamber of Commerce and the ASEAN-New Zealand Business Council to run the Vietnam-New Zealand Free Trade Breakfast last week, discussing various trade issues. The event gathered representatives from enterprises in Wellington and Auckland doing business in or have business transactions with Vietnam together with local trade promotion agencies. It provided an opportunity to network and hear directly from key figures in Vietnam and New Zealand to gain a better understanding of the benefits of the two countries’ trade relations, particularly as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is about to enter into force. Speaking at the event, Vietnamese Ambassador to New Zealand Ta Van Thong gave the attendees an overview of Vietnam’s economy, its CPTPP commitments relating to the domestic business environment, and support … [Read more...] about Vietnam, New Zealand networking event discusses CPTPP
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Vietnam, New Zealand looks towards closer defence ties
Vietnamese Minister of National Defence General Ngo Xuan Lich (L) hold talks with his New Zealand counterpart Ron Mark in Wellington on November 5. (Photo: VNA) Wellington (VNA) – Vietnamese Minister of National Defence General Ngo Xuan Lich held talks with his New Zealand counterpart Ron Mark in Wellington on November 5 following an official welcome ceremony with traditional Maori rituals for the former. Welcoming Lich and his high-ranking military delegation to New Zealand, Mark said “New Zealand is committed to enhancing defence cooperation with Vietnam in peacekeeping, maritime security, professional military education and training and through strategic dialogue.” “Minister Lich’s visit is an opportunity to further deepen regional security cooperation and to support the elevation of bilateral relations between our two countries,” he said. Gen. Lich, for his part, affirmed that Vietnam attaches great importance to the Comprehensive … [Read more...] about Vietnam, New Zealand looks towards closer defence ties
Vietnam, New Zealand boost defence cooperation
Major General Ngo Minh Tien, Deputy Chief of the General Staff of the Vietnam People’s Army present a souvenir to Eamonn O'Shaughnessy, head of the New Zealand Ministry of Defence’s International Branch (Source: qdnd.vn) Hanoi (VNA) – Major General Ngo Minh Tien, Deputy Chief of the General Staff of the Vietnam People’s Army (VPA) received Eamonn O'Shaughnessy, head of the New Zealand Ministry of Defence’s International Branch, in Hanoi on October 29. At the meeting, Tien stressed Vietnam highly values New Zealand’s position in the region and in the world and wants to foster friendship and win-win cooperation with the country across fields based on the sides’ current bilateral comprehensive partnership. He said bilateral defence ties have been reinforced in line with a memorandum of understanding on defence cooperation and an agreement on peacekeeping collaboration signed between the two countries in 2013 and 2017, respectively. The … [Read more...] about Vietnam, New Zealand boost defence cooperation
Vietnam, New Zealand see robust growth in trade relations
Achievements Vietnam is currently New Zealand’s 16th biggest trade partner and the fastest growing economy among the members of the Association of Southeast Asian Nations (ASEAN), which have trade relations with New Zealand. According to Vietnam’s General Department of Customs, trade in goods between the two countries reached about US$906 million in 2017, a 26.6 percent increase from 2016, including US$425 million worth of Vietnamese exports to New Zealand and US$401 million worth of Vietnamese imports. Including trade in services, bilateral trade revenues increased to US$1.2 billion in 2017, a 37 percent increase from 2016. The figure stood at US$779 million in the first nine months of this year, a 10.8 percent increase from a year ago, including US$357.8 million worth of Vietnamese exports and US$421.2 million worth of Vietnamese imports. In terms of investment, New Zealand currently has 32 direct investment projects in Vietnam with total registered capital of US$102.8 … [Read more...] about Vietnam, New Zealand see robust growth in trade relations
Vietnam, New Zealand to further facilitate two-way trade, investment
The agreement came at the sixth meeting of the Vietnam-New Zealand Joint Trade and Economic Commission (JTEC) in Hanoi. The event was chaired by Vietnamese Deputy Minister of Industry and Trade Tran Quoc Khanh and Deputy Secretary for trade and economic affairs at New Zealand’s Ministry of Foreign Affairs and Trade Vangelis Vitalis. The two sides exchanged views about issues of mutual concerns and priorities for cooperation in economics and trade amid the unpredictable changes in regional and global trade. Vietnam and New Zealand holds the sixth meeting of the Joint Trade and Economic Commission (JTEC) in Hanoi. They agreed to reinforce cooperation in the fields of hi-tech agriculture, commercial farming, human resources training, tourism and e-Government, and to step up coordination in promotion of trade, investment and tourism. Vietnam asked New Zealand to provide further support for its localities in developing value chains for fruits, pepper, coffee, cashew … [Read more...] about Vietnam, New Zealand to further facilitate two-way trade, investment