Permanent Deputy Prime Minister Nguyen Hoa Binh’s visit to the UK includes meetings with UK officials to enhance cooperation in finance and trade. Discussions centered on developing financial centers, attracting investment in renewable energy, and improving bilateral relations. Both parties aim to celebrate the 15-year strategic partnership, aspiring to boost trade significantly.
During his visit to the UK on March 18, Permanent Deputy Prime Minister Nguyen Hoa Binh engaged in critical discussions with UK officials to enhance bilateral relations. Meetings were held with British Deputy Prime Minister Angela Rayner and Speaker of the House of Commons Lindsay Hoyle, focusing on financial center development and trade cooperation. Binh’s visit included a seminar on financial centers and a tour of the London Stock Exchange.
In his discussions with Deputy PM Rayner, Binh emphasized Vietnam’s commitment to strengthening its strategic partnership with the UK. He requested British expertise in developing financial centers and encouraged increased investment from British businesses in Vietnam’s financial, clean, and renewable energy sectors. Rayner acknowledged Vietnam’s initiatives and expressed support from British experts and businesses, particularly in energy transition and combating organized crime.
Binh also met Speaker Hoyle to promote closer parliamentary exchanges and enhance cooperation in various sectors, including trade, investment, health, and education. Both officials discussed regional security issues and affirmed the importance of resolving conflicts peacefully, highlighting a shared interest in international law.
At a seminar held by TheCityUK, Binh recognized the role of British financial institutions in aiding Vietnam’s financial ambitions. He expressed the need for continued collaboration with TheCityUK to shape effective financial policies. UK Ambassador to Vietnam, Iain Frew, reiterated the UK’s commitment to supporting Vietnam’s financial endeavors, while Nicola Watkinson from TheCityUK pointed out the potential for Vietnam’s enhanced international financial profile.
During his visit to the London Stock Exchange, Binh met CEO Julia Holgate, who affirmed ongoing support for the enhancement of Vietnam’s stock market. Binh urged collaboration to improve liquidity and transparency, and to implement advanced technologies for Vietnam’s financial landscape. Additionally, he met with Barnaby Swire from Swire Group, encouraging investments in renewable energy and the development of financial centers in major cities.
Binh’s discussions highlighted the importance of investment cooperation, particularly in green and digital economies. Swire demonstrated confidence in Vietnam’s financial vision, confirming commitments to ongoing projects such as the aircraft maintenance plan at Van Don Airport and investments in urban development that align with financial center initiatives.
The visit of Permanent Deputy Prime Minister Nguyen Hoa Binh to the UK significantly advanced the strategic partnership between Vietnam and the UK. Through dialogue with leading officials and participation in seminars, Binh emphasized Vietnam’s dedication to developing its financial sector, attracting British investment, and fostering collaboration in various domains. The reciprocal commitments underscore a promising future for enhancing bilateral trade and investment.
Original Source: en.vietnamplus.vn