top of page

Jacinda Ardern in Vietnam to Talk Stronger Trade Ties

  • New Zealand Prime Minister Jacinda Ardern is leading a trade delegation to Vietnam to strengthen ties between the two countries

  • The two countries are targeting $2 billion in two-way trade annually by 2024

  • New Zealand has 42 foreign direct investment (FDI) projects in Vietnam with a total registered investment of around $209.5 million as of 2021

  • These projects are in a variety of sectors including real estate, education, and manufacturing

  • Trade between Vietnam and New Zealand is governed by three regional agreements: the Comprehensive and Progressive Trans-Pacific Partnership Agreement (CPTPP), the ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA), and the Regional Comprehensive Economic Partnership (RCEP)

  • Both countries have also signed the Indo-Pacific Economic Framework (IPEF)

  • New Zealand's top exports to Vietnam are dairy products, edible fruits, nuts, and peel of citrus fruit, wood and articles of wood, wood charcoal, and miscellaneous edible preparations

  • Vietnam's top imports from New Zealand are dairy products, fruit and vegetables, machinery and mechanical appliances, textiles, and chemicals

2 views0 comments

Recent Posts

See All

How to Set Up an NGO in Vietnam

Non-government organizations (NGOs) in Vietnam can carry out development assistance and charitable activities, which are categorized as non-profit Vietnam recently updated the legal framework for NGOs

COP27: Vietnam’s Net Zero Commitment One Year On

Vietnam committed to reaching net zero carbon emissions by 2050 at the COP26 climate conference Vietnam has taken steps towards meeting this commitment, including setting targets, beginning work on a

Comments


bottom of page