New Zealand firms want to tap local market

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SaigonTimes English - 33 month(s) ago 25 readings

New Zealand firms want to tap local market

HCMC – A trade mission representing 20 New Zealand enterprises has just wrapped up their business trip in Vietnam thanks to the arrangement of Australia and New Zealand Banking Group Limited (ANZ).

New Zealand firms want to tap local market

By Hong Phuc - The Saigon Times Daily

Representatives of New Zealand companies are seen in the press briefing on their business trip - Photo: Hong Phuc
HCMC – A trade mission representing 20 New Zealand enterprises has just wrapped up their business trip in Vietnam thanks to the arrangement of Australia and New Zealand Banking Group Limited (ANZ).

“We took about 20 firms to Vietnam in order to explore potential business chances and seek partners here,” David Green, managing director of Institutional New Zealand, told a press briefing in HCMC last Friday.

“The Governments of New Zealand and the Australian continent have also sent many business representatives to Vietnam,” he revealed, adding what his fellow-countrymen were looking for was local small and medium-sized enterprises.

Especially, New Zealand businessmen have keen interest in those local companies specializing in forestry, agricultural, dairy products and food which are known as the their strengths. Some businesses want to export food, seafood and dairy products to Vietnam while others need to import raw materials of farm produce, special food and interior sectors from the nation, according to David.

Two-way trade revenue between the two countries is worth around US$6 billion.

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