THE SOCIALIST REPUBLIC OF VIET NAM
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Prime Minister pledges to protect investors' legitimate rights and interests
VGP – Viet Nam commits to creating favorable conditions for investors and protecting their legitimate rights and interests, affirmed Prime Minister Pham Minh Chinh.
Prime Minister Pham Minh Chinh meets with Auckland's business leaders in Auckland, New Zealand, March 10, 2024. Photo: VGP
Prime Minister Pham made the above remarks during his meeting with Auckland Business Chamber chief executive Simon Bridges and Auckland's business leaders on Sunday as part of his official visit to New Zealand.
The relations between Viet Nam and New Zealand have advanced positively across fields and both countries are members of key trade deals such as the Regional Comprehensive Economic Partnership (RCEP), ASEAN-Australia-New Zealand Free Trade Area (AANZFTA) and Comprehensive and Progressive Trans-Pacific Partnership (CPTPP), said the Prime Minister, adding that these are important foundations for business of the two countries to foster partnership.
He spoke highly of New Zealander businesses' interests in Viet Nam's priority and potential areas such as renewable energy, urban development, industrial infrastructure development.
Pham called on New Zealander investors to full tap opportunities in a bid to raise the two-way trade to US$2 billion soon.
The two-way trade hit US$1.67 billion as of December 2023, which is not too far off from the goal of US$2 billion later this year, according to New Zealand Acting Ambassador to Viet Nam Wendy Hinton.
Simon Bridges said New Zealander businesses are interested in remarkable development in Viet Nam over the past more than 20 years and see a range of investment opportunities in the Southeast Asian country./.