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Vietnam Today

Four agreements signed during NZ PM's visit

Released at: 09:55, 16/11/2015

Four agreements signed during NZ PM's visit

Agriculture and aviation agreements mark future collaboration between two countries.

by Hoang Thu

Four agreements between Vietnamese and New Zealand businesses were signed on the afternoon of November 15 during the official visit by New Zealand Prime Minister John Key to Vietnam from November 14 to 17.

The four business-to-business arrangements - between Global Trust Alliance, AsureQuality and Vinamilk, Airways International and the Vietnam Air Traffic Management Corporation (VATM), Airways International and the Vietnam Aviation Academy (VAA), and Aviation New Zealand and VietJet Air - point to an elaborate and sustained effort to fortify ties between the two countries.

“This year we celebrate 40 years of diplomatic relations with the ASEAN region and there are few better ways to celebrate the past than to establish the foundation for a future of collaboration between our respective governments and our businesses,” said Mr. Tony Martin, New Zealand Trade Commissioner in Vietnam.

“By formalizing their intent to work together these companies are making a significant investment in each other to collaborate for the benefit of not only their companies but the wider industry as well,” he said.

A Heads of Understanding (HoU) signed between Global Trust Alliance, AsureQuality and Vinamilk will see the companies collectively drive agricultural development that can be applied in both Vietnam and New Zealand.

VATM and Airways International signed a Memorandum of Understanding (MoU) that formalizes their existing relationship. New Zealand aviation companies are already active in Vietnam and this agreement will further drive the growth of Vietnam’s air navigation services through world-class staff training with an initial focus on air surveillance control, approach surveillance control, and tower control.

Another aviation MoU, between Aviation New Zealand and VietJet Air, formalizes co-operation across policies, knowledge sharing, and training delivery. Areas of focus include air transport, training, air navigation, equipment supplies, business systems, and consultancy and advisory services.

A further MoU between Airways International Limited and VAA will provide opportunities for VAA students to participate in Air Traffic Control training as part of the Airways International Study Abroad Program.

During Prime Minster Nguyen Tan Dung’s visit to New Zealand last March the two countries signed a landmark agreement to double trade between them to around $2.2 billion a year by 2020.

This reciprocal visit by Prime Minister Key, together with the 40th anniversary of New Zealand establishing diplomatic relations with ASEAN, is set to deepen the engagement by building awareness, relationships, and opportunities for New Zealand education and business in Vietnam.

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