Yet another Report, but where’s the real action?

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The latest regional economic update report provides a useful summary of how well the regions are performing, but once again it shows how poorly we are at taking ‘game changing’ decisions to get action on the big issues.

With reference to the section on Auckland, Michael Barnett, head of the Auckland Chamber of Commerce, noted that the report claimed that the government and Auckland Council “are working together” to:

  • Improve infrastructure and urban amenities;
  • Develop education and labour opportunities for Auckland’s youth and migrant populations; and,
  • Help the region become more innovative and export driven.

“Here is yet another report setting out Auckland’s growth agenda, but pulling its punch when it comes to spelling out the urgency of decisions that need to be made on Auckland’s big issues,” said Mr Barnett.

For the Chamber and to give the business community some certainty that we are moving past the global financial crises into a period of sustained growth, there are four big game changing announcements that are needed NOW:

  • A ‘game change’ housing action programme target to identify 30,000 – 40,000 new sites in 2013-14 – to show a real response to the need for 13,000 new homes a year against the fact we are only building about 4000 new units a year;
  • Completed business cases for seeking the funding to build the AMETI-East/West Link (critical to Auckland’s freight sector going forward) and Central Rail Link by 2021 – given both projects are substantially unfunded yet have a ‘highest priority’ ranking in the Auckland Plan.
  • A confirmed agenda to finalise the Unitary Plan in a way that enables accelerated delivery of Auckland’s/Government’s growth plans.
  • A confirmation that the International Convention Centre will be built ASAP – given the case for the Centre was made 10 years ago, and with SkyCity offering the $700 million needed to build, “we have run out of excuses for the lack of action,” said Mr Barnett.

For more information contact Michael Barnett, mobile: 0275 631 150.
Michael Barnett, Chief Executive, Auckland Chamber of Commerce.

Doing business in Vietnam – A business exchange event

The Auckland Chamber of Commerce is proud to host a business exchange between the Trade Office of the Vietnam Embassy and New Zealand businesses on the Wednesday 24 April. 

Speakers from Auckland Chamber of Commerce and the Vietnam International Trade office will present the issues and opportunities for organisations doing business in Vietnam.

This will be a highly informative business session, and vital for New Zealand businesses thinking of doing business in Vietnam, or expanding their export markets.

It is a good time to do business in Vietnam.

New Zealand’s business and trade record with Vietnam has been strong with more than $400 million exports to Vietnam per year and $250 million imports from Vietnam per year.  In the current economic environment this can be stronger. 

The Vietnam Action Plan, signed in 2010 between New Zealand and Vietnam, highlighted priority areas for economic cooperation. These areas included trade and economic cooperation, education, science and technology, and agriculture.

There are a broad range of business areas of import/export interest for Vietnam and New Zealand which include milk and dairy products, meat (lamb & beef) and wine. Timber, agriculture chemicals, leather products are also areas of discussion. Some recent economic and business events include:

  • Vietnam’s industrial output in April surged by 14.3 per cent from the same period last year
  • Total retail sales and service revenue have risen approximately 25.1 per cent on-year to ND1282 trillion (NZ$85.9 million) for January – October 2010
  • American chip maker, Intel, has opened a US$1 billion assembly and test facility in Vietnam
  • New laws passed strengthen controls on foodstuffs of animal origin imported into Vietnam
  • Local banks in Vietnam have pledged to provide loans with preferential interest rates to exporters
  • Vietnam’s textiles and garment sector could achieve export growth of up to 20 per cent this year
  • Vietnam’s pharmaceutical industry is looking for investors

Date: 24 April 2013
Time: 10.00am – 11.30am 
Venue: Mercure Auckland, 8 Customs Street, Auckland
Tickets are complimentary, however registration essential: events@chamber.co.nz