PM calls for further investment from New Zealand

Prime Minister Nguyen Xuan Phuc (R) receives Trade Minister of New Zealand Todd McClay, Ha Noi, May 8, 2017

The PM expressed delight at the finely growing multifaceted cooperative relations between Viet Nam and New Zealand, voicing his hope that the minister’s visit would contribute to accelerating bilateral trade ties in the time ahead.

He suggested the two economies continue their close and effective coordination to promote common interests within the Asia-Pacific Economic Cooperation (APEC) and other multilateral economic links, thus contributing to the success of the APEC Ministers Responsible for Trade Meeting slated for May 20-21 in Ha Noi and other related ministerial meetings.

The government leader stressed the need for both sides to recommend practical measures in order increase two-way trade revenue in the future.

In regards to the Trans-Pacific Partnership (TPP), he urged the two sides to continue discussing towards trade liberalization and mutual benefits. 

He spoke highly of the agreement’s role in promoting trade liberalization in the region and the world and bringing benefits to participating countries.

He welcomed and appreciated New Zealand’s active and regular speeches on respecting the international law, particularly the 1982 United Nations Convention on the Law of the Sea (UNCLOS), in addressing the East Sea-related issues, contributing to maintaining peace, stability and development in the region.

On behalf of the Vietnamese government, PM Phuc thanked the New Zealand government for supporting Viet Nam in training human resources and expected that New Zealand will continue its assistance in the field.

For his part, Minister Todd McClay voiced his pleasure at the growing cooperative relations between Viet Nam and New Zealand, while conveying the New Zealand Prime Minister’s greetings and wish for a successful APEC Year 2017 in Viet Nam to Vietnamese PM Nguyen Xuan Phuc.

Bilateral trade ties are growing finely and are supplementary to each other, he said, underlining that the two sides should strive towards doubling the bilateral trade value in the future.