Vietnam welcomes New Zealand investors for win-win partnership
VOV.VN - National Assembly chairman Vuong Dinh Hue encouraged New Zealand businesses to increase investment and expand operations in Vietnam for a win-win partnership, while addressing a Vietnam – New Zealand economic cooperation forum on December 5.
Hue, who is in New Zealand for an official visit, said the National Assembly and the Government of Vietnam are making efforts to reduce barriers to business, creating the most favourable business investment environment for foreign investors, including those from New Zealand.
The National Assembly of Vietnam is also actively amending the Land Law, a legal document that is related to all domestic and foreign investors, and the bill is expected to be approved at the year-end legislative session in 2023, he informed the forum.
According to Hue, Vietnam is preparing the necessary conditions to receive new investment flows, when the investment structure has changed and many foreign businesses are choosing Vietnam as their investment destination.
He recalled a Vietnam visit by NZ Prime Minister Jacinda Ardern in November 2022, noting New Zealand has officially recognized the opening of the market for Vietnamese lemons and pomelos. During his visit this time, he said the Vietnamese side has announced a decision to allow New Zealand to export pumpkins and strawberries to its market.
Along with agriculture, he said tourism is also a potential cooperation area that the two countries can promote in the coming time. The first 10 months of 2022 saw 14,000 New Zealanders visit Vietnam, helping the number of international visitors to Vietnam to increase 24 times over the same period last year, and this figure will continue to rise, if both sides maintain direct flights between Vietnam and New Zealand cities.
The National Assembly leader agreed with businesses at the forum that the two countries have the opportunity to cooperate in the fields of entrepreneurship, innovation, digital transformation, digital economy, digital society, as well as equitable energy transition.
He reiterated Vietnam’s commitment at the 26th UN climate change conference (COP26), Hue expressed Vietnam’s desires to ramp up cooperation with developed countries, including New Zealand, in technology transfer and in green finance for renewable energy development.
Vietnam welcomes New Zealand businesses and they will create new successes together, he stressed.