NZ and Viet Nam sign agreement for aviation cooperation
Hon Steven Joyce
Minister for Economic
Development
15 November 2015
Media Statement
New Zealand and Viet Nam sign agreement for aviation
cooperation
Economic Development Minister Steven Joyce has today signed a new agreement between New Zealand and Viet Nam which will support Viet Nam’s rapidly growing aviation sector and create new opportunities for New Zealand businesses.
Steven Joyce and Viet Nam Minister of Transport, H.E. Dinh La Thang signed the Memorandum of Understanding (MOU) on Aviation Cooperation that allows for information-sharing and regular meetings to expand aviation partnerships between both countries.
The signing
was witnessed by Prime Minister John Key and his Viet Nam
counterpart, Prime Minister Nguyen Tan Dung following a
meeting in Hanoi.
“Over the past two years New Zealand
and Viet Nam have undertaken joint agreements to expand air
services between our two countries, and this new MOU will
promote cooperation right across our aviation industries,”
Mr Joyce says.
“The MOU comes at a time of rapid growth
for Viet Nam’s aviation industry. Viet Nam’s
international aviation passenger numbers are the third
fastest-growing in the world at 14 per cent a year, and are
expected to increase from 32 million in 2015 to 63 million
in 2020.
“This growth means airlines operating in Viet
Nam are looking to invest in new commercial aircraft, which
creates a major need for pilot training, infrastructure and
aviation-related goods and services. New Zealand aviation
companies are already active in Viet Nam and our
industry’s reputation for quality and innovation across
the aviation industry makes us well-placed to increase
engagement,” Mr Joyce says.
The MOU will focus
cooperation on seven areas:
Civil aviation
infrastructure
Air Transport
Training
Air
navigation
Environment and sustainable
biofuels
Aeronautical industry
Consultancy and
advisory services
Government representatives of both
countries will meet at least every two years to review
progress.
“This MOU shows the Vietnamese Government
that we want to work with them at both a government and
business level to deepen and expand cooperation between our
aviation sectors,” Mr Joyce says.
ends