The Vietnam-New Zealand Joint
Committee for Economic and Trade Cooperation held its third session in
Wellington, New Zealand, on February 25 focusing on diplomatic ties,
trade, investment, agriculture, education and training, natural
resources and the environments and science and technology.
Held every two years, the sessions are an important mechanism for
boosting economic and trade relations between the two countries.
New Zealand expressed appreciation for business and investment
opportunities in Vietnam in education and training, forestry, and
building material production. The two sides agreed to gradually improve
the trade balance and reduce Vietnam’s trade deficit.
New Zealand pledged support for Vietnam at both regional and global
forums and to enhance cooperation in finance and customs.
The two sides agreed to organize practical activities to mark the 35th
anniversary of their diplomatic ties. New Zealand will hold a seminar
in Auckland in April to introduce its entrepreneurs to potential areas
for investment and business in Vietnam and other ASEAN countries.
Vietnam will hold a similar seminar in HCM City to introduce the
ASEAN-Australia-New Zealand Free Trade Area (AANZFTA) to Vietnamese
businesses and will invite New Zealand partners to visit Vietnam for
exchange activities in the near future.
