Foreign Minister Le Hoai Trung and his New Zealand counterpart Winston Peters, Hanoi, November 26, 2025. (Photo: baoquocte.vn)

The ministers agreed to maintain the positive momentum by strengthening political trust, expanding high-level and all-level exchanges, making full use of existing bilateral cooperation mechanisms, and effectively deploying the newly-signed Action Plan.

Highlighting the complementary nature of the two economies, they affirmed that economic, trade and investment ties hold ample potential.

They agreed on the need for stronger, groundbreaking measures to raise two-way trade to 3 billion USD in 2026, with a focus on business connectivity and effective implementation of free trade agreements to which both countries are members.

Minister Peters presented a diplomatic note announcing a 3 million NZD (1.7 million USD) aid package to help Vietnam overcome the consequences of recent storms and floods.