N.A. Chairman Vuong Dinh Hue (third from the left) hosting Mike Cronin, Managing Director of Co-operative Affairs at Fonterra (second from the left)

Hosting Mike Cronin, Managing Director of Co-operative Affairs at Fonterra, N.A. Chairman Vuong Dinh Hue lauded the group’s joint works with Vietnamese firms such as Vinamilk and Nutifood in the supply and distribution of milk in Vietnam’s market.

Fonterra has been operating in Vietnam since 1980, specialising in supplying and distributing dairy and food products for restaurant and hotel chains.

The N.A. leader suggested the group study to expand cooperation and investment in Vietnam. Fonterra can consider invest in dairy farms, milk processing plants to provide quality materials; as well as cooperate in management training, technology transfer, and investment in seed, products and equipment for Vietnamese farms and partners, Hue said.

He informed Cronin that Vietnam is continuing to improve the legal system, creating best conditions possible for investors and ensuring fair competition.

In response, Cronin appreciated Vietnam's increasingly substantive and effective investment attraction policies over the past time.

He said he would work with the group's leaders to study Hue’s suggestions on expanding cooperation and investment, especially regarding the opening of a network of distributors.

At his meeting with Fiso Investment Group CEO John Fiso and Director of Viet River Holdings Limited Nguyen Truong Khoa, the top legislator welcomed businesses that have joined many networking activities between Vietnamese and New Zealand firms and directly invested in Vietnam.

N.A. Chairman Vuong Dinh Hue and Fiso Investment Group CEO John Fiso 

He said two key forums on education and trade-economy-investment collaboration scheduled as part of his visit are an opportunity for entrepreneurs and investors of the nations to beef up their ties in the time to come.

Fiso said currently his group is boosting investment again after the COVID-19 pandemic, focusing on the fields of healthcare, education and importing Vietnamese products. Fiso Investment is also promoting investment activities to build high schools and vocational facilities in Vietnam, form labor cooperation, and support Vietnamese businesses to invest in New Zealand.

Director of Viet River Holdings Limited Nguyen Truong Khoa said that Viet River Holdings is promoting the import of Vietnamese pepper and coffee products to New Zealand, and wishes to bring Vietnamese workers to work in the market.

Hue recommended the businesses to propose to the New Zealand Government, so that the two governments will soon sign an agreement on labour cooperation, creating a solid legal framework for this field.

On the day, N.A. Chairman Vuong Dinh Hue also hosted Don Ha, CEO of RE/MAX, which is one of the major U.S. real estate companies operating through the franchise system and is currently present in more than 110 countries and territories. The RE/MAX New Zealand was established in 1996.

At the meeting, N.A. Chairman Vuong Dinh Hue expressed his support for the company’s plan to import products of Vietnamese origin serving the opening of a sales centre and supermarket of household appliances in New Zealand.

N.A. Chairman Vuong Dinh Hue and Don Ha, CEO of RE/MAX

Meanwhile, received by the N.A. leader on December 4, VietTechNZ's representative made proposals on connecting Vietnamese and New Zealand companies and their IT personnel. VietTechNZ works to link Vietnamese knowledge networks operating in the field of technology in New Zealand.

Taking into account these proposals, Hue affirmed that the Vietnamese Party, State and N.A. always support and create favorable conditions for the overseas Vietnamese community.

Source: VNA