Since the Strategic Partnership was established in 2020, Vietnam and New Zealand have witnessed steady growth in the relations. Beyond the remarkable 40% increase in bilateral trade over five years, political relations and multilateral interactions, particularly within the CPTPP framework, have remained highly positive.

Appropriate policies and regulations are needed to help fully exploit the untapped potential in developing the maritime economy, which plays an essential role in the socio-economic development of Vietnam, according to insiders.

Prime Minister Nguyen Xuan Phuc urged the southern province of Binh Phuoc to continue improving business climate and removing bottlenecks for investors, while attending an investment promotion conference in the locality on August 20.

Touting it as a win-win deal for everyone, banks and insurance companies in Vietnam are promoting the “bancassurance” model to exploit a market with huge untapped potential.