Vietnam is emerging as a good option for Kiwi exporters looking to diversify where they sell their goods, said New Zealand’s new site 1news.co.nz in a recent article.
Hanoi (VNA) - Vietnam is emerging as a good optionfor Kiwi exporters looking to diversify where they sell their goods, said New Zealand’snew site 1news.co.nz in a recent article.
The article cited the Ministry of Foreign Affairs and Tradeof New Zealand’s report prepared by the Embassy in Hanoi as saying between 2016and 2021, Vietnam led ASEAN in terms of growth per capita. This growth rate ishigher than that of other major ASEAN markets such as Singapore, Malaysia, orthe Philippines
Trade Commissioner Joseph Nelson said Vietnam is a"frontier market" presenting new opportunities, and challenges, toKiwi exporters looking to diversify.
"As Vietnam has come out of its COVID waves, we areseeing a really strong bounce back in the economy. GDP is expected to bebetween 6.5% to 7.5% next year," he said as quoted by the article. "Allthe markets in Southeast Asia are bouncing back quite strongly, but Vietnamdefinitely is the best performing market at this point."
Comments by Chairman and CEO of the KPMG Vietnam WarrickCleine was also cited as saying since the free trade agreements were set upbetween New Zealand and Vietnam, their two-way trade value has grownsignificantly to about 2 billion USD this year.
He said there are three key things in the Vietnamese marketthat will be attractive to New Zealand businesses, namely the local consumermarket, a safe geo-political position, and a great free-trade network.
At present, food and beverage products make up almosttwo-thirds of New Zealand exports to Vietnam. And there's appetite for more, asconsumers there have become more health conscious post COVID.
Fonterra’s head of global foodservice Paul Harvey said theVietnamese markets are not just for well-established businesses.
"I'd suggest to other companies thinking about theirexpansion strategy [to look to Vietnam]. It is a country sizeable in size, easyto do businesses, and consumers are looking for innovation," he said asquoted by the article. "The Government has handled COVID well; fiscalpolicy has been strong; inflation is still in check; consumer spending is onthe rise; borders are open again - so it's a great opportunity now for peopleto be thinking about this country."/.
Minister of Industry and Trade Nguyen Hong Dien had a phone conversation with New Zealand Minister for Trade and Export Growth Damien O'Connor on March 17 to discuss the US’s initiative in building the Indo-Pacific Economic Framework (IPEF).
Vietnam and New Zealand affirmed their commitment to deepening the two countries’ agriculture and trade relationship at the second Vietnam - New Zealand Agricultural Dialogue held virtually on April 6.
The Government of New Zealand has presented two million NZD (nearly 1.26 million USD) from its COVID-19 response fund to support Vietnam’s recovery from the pandemic.
National Assembly (NA) Chairman Vuong Dinh Hue described Vietnam - New Zealand cooperation as highly effective and practical while receiving New Zealand Ambassador Tredene Cherie Dobson in Hanoi on June 14.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Illustrative photo (Source: VNA) 
