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

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

During his reception for for Lukas Paravicini, Chief executive of Fonterra Co-Operative Group Ltd – the leading milk exporter of New Zealand, the PM affirmed Vietnam applauds and appreciates cooperation of the 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. 

Prime Minister Nguyen Xuan Phuc (R) shake hands with Lukas Paravicini, Chief executive of Fonterra Co-operative Group Ltd

While talking about wide-opening 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 of New Zealand will fully tap those 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 foster production in the field, contributing to generating more jobs and improving social welfare, he noted. 

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

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

Fonterra pledged to further boost cooperation with Vietnamese enterprises, thus broadening its investment for production and business in the country, he stated. 

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 have worked with a number of Vietnamese partners with the intention of assisting Vietnamese firms in producing and processing dairy, contributing to improving Vietnamese dairy companies’ capacity.

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

Deosan will support for Vietnam’s farms by providing suitable products and services, such as milking equipment and consumer goods, veterinary services, farm design 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 cooperation with local firms, and that Vietnam encourages foreign companies operating in the field to expand investment and 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 noted.