New Zealand, Vietnam boost agricultural cooperation

The flourishing agriculture relationship between New Zealand and Vietnam was lifted to a new height with the signing of an agriculture cooperation arrangement at the first New Zealand – Vietnam High-Level Dialogue on Agriculture Cooperation on February 24.
New Zealand, Vietnam boost agricultural cooperation ảnh 1Deputy Minister of Agriculture and Rural Development Le Quoc Doanh held up the agreement with New Zealand during the first New Zealand – Vietnam Agricultural Dialogue (Photo from the New Zealand Embassy in Vietnam)
Hanoi (VNA) – The flourishing agriculture relationship betweenNew Zealand and Vietnam was lifted to a new height with the signing of an agriculturecooperation arrangement at the first New Zealand – Vietnam High-Level Dialogueon Agriculture Cooperation on February 24.

The dialogue was held virtually by Chief Executive of the New Zealand Ministryfor Primary Industries, Ray Smith, and Deputy Minister of Agriculture and RuralDevelopment (MARD) Le Quoc Doanh.

At the event, the two sides voiced their commitment to the two countries’deepening agriculture and trade relationship.

Smith and Doanh affirmed that the Strategic Partnership, which was jointlyannounced by Prime Ministers in July last year, has created a solid foundationfor increasing bilateral agricultural cooperation and connections between thetwo countries.

Speaking at the dialogue, Smith emphasised that this is a valuableopportunity to consider what both sides can do together as they buildresilience and vitality back into their agriculture economies followingCOVID-19.

The Agriculture Cooperation Arrangement will enable both sides to advance theirkey agricultural interests in enhancing bilateral trade, reducing agriculturalgreenhouse gas emissions, promoting food safety, utilising agriculture researchand technology, and in rural development.

Speaking at the ceremony, Doanh said that agriculture was critical to theeconomic wellbeing of our countries.

Both nations were strong agriculture producers and exporters, withcomplementary products, he said, adding that the establishment of the NewZealand – Vietnam Agricultural Dialogue and the signing of the AgricultureCooperation Arrangement would boost their connections, cooperation and two-waytrade, in line with what the two Prime Ministers highlighted during last years’Strategic Partnership dialogue.

The New Zealand Ministry for Primary Industries is already supportingagriculture cooperation with MARD with activities in plant health,veterinary epidemiology and electronic certification. These activitiescomplement New Zealand’s ongoing development programme, which has a numberof agriculture projects including the premium fruit development project in theMekong Delta province of Tien Giang, the rural dam safety project in central Vietnam,and the safe vegetables project in Binh Dinh province.  

Smith said that New Zealand has developed one of the most efficient agriculturesectors in the world, with a reputation for cutting-edge research andtechnology, robust and safe agricultural practices, and delicious andhigh-quality products.

He expressed his hope that the newly signed cooperation arrangement will helpbuild value and expand investment opportunities between the two countries.

“We recognise that increased trade is not just about exporting more products,it's about an exchange of knowledge, expertise, technology, services, andinvestment. This two-way exchange benefits both of us,” he said.

He said New Zealand also looked forward to doing more to assist the MARD’sgreenhouse gas inventory capability through the Global Research Alliance onAgricultural Greenhouse Gases.

The two officials confirmed their shared commitment to finalising new fruitaccess for each other this year so consumers can enjoy New Zealand strawberriesand squash in Vietnam and Vietnamese limes and pomelos in New Zealand.

Vietnam is New Zealand’s 14th largest trading partner, with two-way tradevalued at 2 billion NZD, at year-end September 2020. While COVID-19 has posedsome challenges, Vietnam remains a promising market for New Zealand and viceversa due to robust demand for key agricultural products./.
VNA

See more

Tran Ngoc Quan, Trade Counsellor and head of the Vietnam Trade Office in Belgium and the EU (Photo: VNA)

Belgian firms suggested to expand presence in Vietnamese market

Entering 2026 – the first year of implementing the Vietnam – EU Comprehensive Strategic Partnership, the Vietnam Trade Office in Belgium and the EU views this as a pivotal time to inject new momentum into trade ties, said Trade Counsellor Tran Ngoc Quan.

Saigon Marina IFC, an emerging landmark, reflects Ho Chi Minh City’s pioneering spirit.

Saigon Marina IFC – The light of Ho Chi Minh City’s new icon

Saigon Marina IFC, an emerging landmark, reflects Ho Chi Minh City’s pioneering spirit. Designed to become an International Financial Centre, this new architectural icon along the Saigon River is envisioned not only as a premium commercial complex, but as a central platform supporting financial institutions, international investors and cross-border capital flows in the years ahead.

Shoppers at a supermarket in Hung Yen (Photo: VNA)

Retailers see tax compliance, AI as key to survival in 2026 survey

The annual survey, conducted at the end of 2025 among retail and food and beverage (F&B) sellers nationwide, found that businesses are shifting their focus from rapid growth to operational efficiency, cost control and legal compliance amid increasingly stringent regulatory standards.

Visitors shop at Glorious Spring Fair 2026 (Photo: VNA)

Spring Fair 2026 opens broader prospects for Vietnam–UAE trade cooperation

For Vietnam, the UAE serves not only as a consumer market but also as a gateway to the Middle East and North Africa. Vietnamese agricultural products such as cashew nuts, pepper, cinnamon and rice have steadily gained market share, while aquatic products, including tra fish and tuna, are increasingly present in the UAE’s hospitality sector.

Bao Viet Bank's employee counts Vietnamese banknotes at a transaction counter in Hanoi. (Photo: VNA)

Credit quota reform, tighter capital rules may widen gap among banks

Yuanta Vietnam Securities estimates that to achieve GDP growth above 10%, credit growth would need to exceed 16%. This suggests bank credit is no longer expected to be the main growth driver, with greater reliance on fiscal policy, public investment and capital markets.