Prime Minister Nguyen Xuan Phuc made the statement during his meetings with a selection of representatives from New Zealand’s milk companies in Auckland on March 13 as part of his current official visit to the country.
During his reception for Lukas Paravicini, Chief executive of Fonterra Cooperative Group Ltd – the leading milk exporter in New Zealand, the PM affirmed that Vietnam applauds and appreciates the firm’s cooperation with its Vietnamese partners.
He highlighted the strong development of Vietnam’s dairy and nutritional food market, saying that the country – with a 93 million-strong market, is considered one of the most attractive market groups in the world.
While talking about the broad opportunities brought by the newly-signed Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), PM Phuc expressed his belief that Fonterra and other enterprises in New Zealand will fully exploit the chance to increase investment in Vietnam, towards expanding their market to other ASEAN member nations.
The Vietnamese Government will both promote investment in developing the dairy sector, and create favourable conditions for enterprises to enhance production in the field, helping to generate more jobs and improve social welfare, he noted.
For his part, Lukas Paravicini said his company is very interested in the Vietnamese market, adding that Fonterra has cooperated with many Vietnamese dairies.
Fonterra pledged to further boost cooperation with Vietnamese enterprises, in order to develop its investments for production and business in the country, he stated.
PM Nguyen Xuan Phuc meets with Kim Willoughby, Director of Deosan Company and Victor Truong, Director of Richmond Company. (Photo: VGP)
The same day, PM Nguyen Xuan Phuc received Kim Willoughby, Director of Deosan Company; and Victor Truong, Director of Richmond Company.
Expressing their pleasure at meeting the Vietnamese leader, the two firms’ representatives said they have worked with a number of Vietnamese partners with the intention of assisting Vietnamese firms in producing and processing dairy, and contributing to improving the capacity of Vietnam’s dairies.
PM Phuc highly valued Deosan’s assistance to Vietnamese dairies, affirming that the Vietnamese Government always supports its business and cooperation with local firms, and that Vietnam encourages foreign companies operating in the field to expand their investments and level of production in the country.
Vietnam is developing its dairy processing industry in a modern and comprehensive direction, aiming to improve its competitiveness for regional and global integration, he said.