PM Nguyen Xuan Phuc meets with New Zealand’s milk firms

The Vietnamese Government encourages foreign firms in milk production and processing to expand production, upgrade technology, apply energy saving solutions in the country.
PM Nguyen Xuan Phuc meets with New Zealand’s milk firms ảnh 1Prime Minister Nguyen Xuan Phuc (R) shake hands with Lukas Paravicini, Chief executive of Fonterra Co-operative Group Ltd (Source: VNA)

Auckland (VNA) – The Vietnamese Governmentencourages foreign firms in milk production and processing to expand production,upgrade technology, apply energy saving solutions in the country. 

Prime Minister Nguyen Xuan Phuc made the statement during his meetings with representativesof some milk companies of New Zealand in Auckland on March 13 as part of hiscurrent official visit to New Zealand.

During his reception for for Lukas Paravicini, Chief executive of Fonterra Co-Operative Group Ltd – the leading milk exporter ofNew Zealand, the PM affirmed Vietnam applauds and appreciates cooperation ofthe firm with its Vietnamese partners.

He highlighted the strong development of Vietnam’s dairy and nutritional food market,saying that the country - the 93 million-strong market,is considered one of the most attractive market groups in the world.

While talking about wide-opening opportunities brought by the newly-signed Comprehensive and Progressive Agreement forTrans-Pacific Partnership (CPTPP), PM Phuc expressed his belief thatFonterra and other enterprises of New Zealand will fully tap those to increaseinvestment in Vietnam, towards expanding their market to other ASEAN membernations.

The Vietnamese Government will both promote investment in developing the dairysector, and create favourable conditions for enterprises to foster production inthe field, contributing to generating more jobs and improving social welfare, henoted.

For his part, Lukas Paravicini affirmed his firm is very interested in theVietnamese market, adding that Fonterra has cooperated with many Vietnamesedairy firms.

It is providing dairy materials for Vietnam’s dairy, beverage and nutritional foodcompanies, as well as selling high-quality products in the Vietnamese market.

Fonterra pledged to further boost cooperation with Vietnamese enterprises, thusbroadening its investment for production and business in the country, hestated.

The same day, PM Nguyen Xuan Phuc received Kim Willoughby, Director of Deosan Company; and Victor Truong, Director of Richmond Company.

Expressing their pleasure to meet the Vietnamese leader,  the two firms’ representatives said they haveworked with a number of Vietnamese partners with the intention of assisting Vietnamesefirms in producing and processing dairy, contributing to improving Vietnamesedairy companies’ capacity.

Kim Willoughby spoke highly of the development potential of leading dairybusinesses of Vietnam such as Vinamilk and TH True Milk, saying that Deosan hasconnected with Vietnamese farmers operating in processing milk and it plans to investin the industry in Vietnam.

Deosan will support for Vietnam’s farms by providing suitable products andservices, such as milking equipment and consumer goods, veterinary services, farmdesign management, and quality management.

PM Phuc highly valued Deosan’s assistance for Vietnamese dairy companies,affirming that the Vietnamese Government always supports its business and cooperationwith local firms, and that Vietnam encourages foreign companies operating inthe field to expand investment and production in the country.  

Vietnam is developing its dairy processing industry in a modern andcomprehensive direction, aiming to improve its competitiveness for regional andglobal integration, he noted.-VNA
VNA

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