New Zealand Embassy Ha Noi, Viet Nam
Trade Mission visit
The Combined ASEAN / New Zealand Business Council undertook a trade mission to Viet Nam 1-10 March 2011. This was the first mission to take place to Viet Nam under the trading regime agreed under the ASEAN/Australia/New Zealand Free Trade Agreement (AANZFTA). It comprised 11 members led by Sir Kenneth Stevens, CEO Glidepath Group Ltd, drawn from the construction, aviation services, and food and beverage sectors, all three considered to offer high potential for New Zealand exporters.
The visit was organised in country by New Zealand Trade and Enterprise in Ho Chi Minh City and included extensive briefings and business meetings in HCMC, Da Nang City, in Central Viet Nam, and Ha Noi. In Ha Noi the delegation also met with government officials of the Ministry of Industry and Trade.
New Zealand exports to Viet Nam increased by 50 percent in 2010 to US$303.88 million and two way trade by 56% to US$468.46 million. New Zealand’s biggest exports to Viet Nam are dairy products and timber products, skins and hides, pulp and paperboard, frozen fish and sheepmeat. Viet Nam’s main exports to New Zealand include footwear, furniture, printing machinery, crustaceans and coffee. The export of education, tourism, and consultation services has also become an increasingly important component of the economic relationship.