Investment

At the New Zealand–Vietnam Business Roundtable in Auckland on August 13, Party General Secretary and President To Lam called for joint efforts to create new growth drivers based on science, technology, innovation and green transformation, encouraging New Zealand businesses to view Vietnam not only as a market but also as a partner for research, product development, manufacturing and innovation in Southeast Asia.

The Governor-General highlighted the historic significance of the visit as the first time a Vietnamese leader has visited New Zealand in both capacities of General Secretary of the CPV Central Committee and President of the State.

At the talks on August 13, the two leaders highlighted the complementary nature of the two economies and identified trade and investment as an important pillar with substantial room for growth, particularly in agricultural, aquatic and seafood products.

The ceremony was conducted in accordance with protocol for foreign heads of state visiting New Zealand, incorporating a traditional Māori welcome ceremony and an official greeting.

This strategy is expected to make practical contributions to the development of strategic technologies aimed at sustainable development, ensuring national defense and security, and strengthening national technological autonomy.

Minister of Industry and Trade of Vietnam Le Manh Hung and Australian Minister for Trade and Tourism Don Farrell emphasized accelerating market access for agricultural and food products that are currently subject to restrictions.