New Zealand Embassy Ha Noi, Viet Nam

Promoting New Zealand as an investment destination in Viet Nam

The New Zealand and Australian Governments recently held seminars in Ho Chi Minh City and Hanoi to promote both countries as potential investment destinations for Vietnamese companies and individuals. A/NZ Ambassadors and Trade Commissioners participated, together with senior officials from the Vietnam Chamber of Commerce and Industry and A/NZ regional investment specialists based in Singapore.

To date, Vietnamese investment levels in both countries have been low. But as Viet Nam’s rapid economic development continues our trade offices are receiving more enquiries about investment possibilities in sectors such as coal and minerals, agribusiness and food processing. The seminars provided our investment specialists with a chance to present basic information on A/NZ economic situations, investment climates and priority sectors to interested companies and businesspeople.

New Zealand regional investment specialist Mr Benny Goodman’s seminar highlighted New Zealand’s rank as first in the world for investor protection and second in the world for ease of doing business, according to the latest IFC/World Bank Doing Business Report. Benny also highlighted New Zealand Government facilities such as the Strategic Investment Fund and Visiting Investors Programme that are used to support overseas investors to explore investment potential in New Zealand.

Information was also provided to participants on improvements to respective investment regimes achieved under the ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA) that entered into force on 1 January 2010 – for more details visit www.aseanfta.govt.nz. A senior representative from event sponsor Deloitte’s also presented information on tax and regulatory aspects of investing ‘downunder’.

The Embassy would be very happy to provide copies of any presentations made at the seminar in response to enquiries to . The website www.investmentnz.govt.nz also contains up-to-date information on investing in New Zealand.

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