John Key begins formal talks in Vietnam

  • 15/11/2015
John Key begins formal talks in Vietnam

Trade will be high on the agenda when Prime Minister John Key meets with his Vietnamese counterpart in Hanoi.

Mr Key touched down in Vietnam's capital on Saturday evening (local time), where he's leading a trade mission aimed at growing the relationship between the two countries, particularly in the education and aviation sectors.

In the five years between 2009 and 2014, two-way trade between New Zealand and Vietnam increased 120 percent, making it New Zealand's fastest growing market in South East Asia.

Before his formal talks with Vietnam's Prime Minister Nguyen Tan Dung on Sunday morning, Mr Key will lay wreaths and receive an official welcome.

Ahead of the trip, Mr Key told NZ Newswire the trip is important because of the amount of business New Zealand is currently doing in Vietnam and because there are plenty of chances to do more.

"We're trying to send a message we think that market's important," he said.

"There's no doubt potential and we just want to lock in our opportunity to catch that potential."

This year also marks 40 years of diplomatic relations between New Zealand and Vietnam.