PM Pham Minh Chinh emphasized New Zealand is one of Vietnam's trusted partners, noting New Zealand's long-standing support in English training, human resource development, capacity building, and ODA in key areas such as agriculture, climate change adaptation, and disaster risk management.
Based on political trust and effective cooperation, the Vietnamese PM proposed six priority directions for future cooperation.
These include strengthening political trust through increased high-level visits and bilateral cooperation mechanisms, while deepening defense and security relations through enhanced exchanges, maritime capacity building, naval cooperation, and maritime security initiatives.
The two leaders agreed to continue promoting economic, trade, and investment cooperation, aiming for bilateral trade volume of $3 billion, while expanding market access for each other's key export products.
They also committed to strengthening cooperation in free trade agreements both countries participate in, including AANZFTA, CPTPP, and RCEP.
The two PMs stated that effective implementation of these agreements will help enhance economic resilience and improve their ability to cope with current global uncertainties.
PM Luxon also praised Vietnam's role as CPTPP Chair for 2026 and expressed support for Vietnam's successful tenure.
The two sides agreed to strengthen cooperation in climate change response, energy transition, and sustainable agriculture, including promoting low-carbon agricultural models and renewable energy development, especially wind and solar.
PM Pham Minh Chinh also suggested New Zealand expand scholarship opportunities for Vietnamese students and strengthen links between universities and research institutions in both countries. He further called for efforts to launch direct flights between Vietnam and New Zealand and improve connecting routes to facilitate travel and people-to-people exchanges.
The two leaders expressed concern about the negative impact of recent global developments on regional economies including Vietnam and New Zealand, leading to increased fuel and transport costs and global supply chain disruptions.
