Trade

The two countries focus on trade, agriculture, education, development and cooperation on regional and international matters of mutual interest.

2020 marks the 45th anniversary of the establishment of diplomatic relations between Vietnam and New Zealand.

Vietnam’s central bank is expected to pursue a stronger dong, especially as this might weigh on the recovery of the country’s export-oriented manufacturing sector over the coming months.

Right after the signing of BTA, Vietnam’s parliament initiated a process of revising more than 170 laws to ensure the compatibility of its legislation to the deal and international laws.

HSBC has raised its 2020 growth forecast for Vietnam to 3.0% from 1.6% previously, reflecting its renewed assumptions of Vietnam’s speedier economic rebound.

The funds will also be directed towards activities to enable economic recovery, including accelerating the execution of the investment program while deepening trade integration.

Vietnam has actively engaged in discussions and proactively proposed flexible solutions in many areas to achieve a high-quality agreement that balances all interests.

Vietnam is a safe and reliable environment for investment and international trade.

Greater attention should be on the potential impact of the rapid monetary expansion on inflation and the deepening of the fiscal deficit caused by under-performing tax collection.

Vietnam could take advantage of the Vietnamese communities living in these two countries to boost exports.