New Zealand opens technology center in Vietnam
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New Zealand has opened a new technology center at Quang Tring Software City in Ho Chi Minh City.
The Kiwi Technology Center is envisioned to be a hub for New Zealand tech companies investing and doing business in Vietnam and the ASEAN region.
The first companies to set up shop in the center include software services business Augen Software Group which won the Vietnam IT Excellence award last year, healthcare technology companies Orion Health and HealthTech and apparel manufacturing optimization firm ShapeShifter.
“This is a fantastic opportunity for New Zealand technology companies and I look forward to more of them utilizing the Kiwi Connection hub and meeting with businesses from around the region who want to work with New Zealand companies and use technology services from within ASEAN,” said New Zealand’s Economic Development Minister Steven Joyce in a statement.
Joyce also announced last week a project to build a New Zealand-Vietnam friendship bridge in Ho Chi Minh City to celebrate the ties between the two countries.
Vietnam is New Zealand’s fastest growing trade market in Southeast Asia, with merchandise exports reportedly doubling since 2007.
Questions & Answers
Q.What is the primary purpose of the new technology center in Ho Chi Minh City?
What is the primary purpose of the new technology center in Ho Chi Minh City?
The Kiwi Technology Center is intended to serve as a central point for New Zealand technology companies. It will support their investments and business operations in Vietnam and the broader ASEAN region.
Q.Which specific companies have already established themselves at the center?
Which specific companies have already established themselves at the center?
Initial companies at the center include Augen Software Group, Orion Health, HealthTech, and ShapeShifter. These firms represent sectors like software services, healthcare technology, and apparel manufacturing optimisation.
Q.How significant is Vietnam as a trade partner for New Zealand?
How significant is Vietnam as a trade partner for New Zealand?
Vietnam is identified as New Zealand's fastest-growing trade market within Southeast Asia. Merchandise exports between the two countries have reportedly doubled since 2007, indicating strong economic ties.
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