Vietnam, New Zealand’s businesses beef up cooperation

10:10 | 25/05/2016 Cooperation

The Hanoi Trade Corporation (Hapro) is looking to expand its business to overseas markets following its successful exports to 60 countries and territories worldwide with a turnover of USD 200 million.

Vietnam, New Zealand’s businesses beef up cooperation

Hapro delegation meets local enterprises in New Zealand. Photo: Vietnamese Embassy in New Zealand

Leading producers and exporters of Vietnamese handicrafts farm produce expressed the intension during a recent fact-finding trip and meetings with business partners in New Zealand’s capital city of Wellington.

On the occasion, a strategic cooperation agreement in supporting each other in market penetration, product supply, services and related activities was signed by Chairman of the Board of Directors Nguyen Huu Thang and Chairman of the New Zealand Trade Center (NZTC) Adam Martin.

At a working session with the group’s representatives, Vietnamese Ambassador to New Zealand Nguyen Viet Dung spoke highly of the groups’ efforts in penetrating into the foreign country’s market while pledging to support the group, and Vietnamese businesses at large to intensify two-way trade cooperation, striving to lift the two countries’ bilateral trade turnover to USD 1.7 billion by 2020.

The ambassador cited that 2016 would bring enormous favourable elements to boost exports through a number of signed bilateral and multilateral free trade agreements, especially the Trans-Pacific-Partnership (TPP) agreement.

The group also met with several local import-export companies such as the NZTC, Te Mata Winery, Talleys, Ruther Ford and Meyer in an attempt to boost trade cooperation and enhance both sides’ presence in each other’s market.

Many of the group’s products have received world recognition and brought high export revenue for the company in recent years, including knitwear, farming products, rice, pepper, cashew nut, cassava and handicraft products.

Source: VNA