Vietnam is seeking UK’s help in establishing financial centers. Deputy PM Nguyen Hoa Binh highlighted this during a meeting with the Vietnamese Intellectual Society in the UK, aiming to enhance finance infrastructure for economic growth and investment attraction.
The Vietnamese government has initiated discussions with the United Kingdom to seek assistance in establishing financial centers within the country. Deputy Prime Minister Nguyen Hoa Binh emphasized the importance of international cooperation in enhancing Vietnam’s financial infrastructure. He made this appeal during a meeting with the Vietnamese Intellectual Society in the UK and Ireland, highlighting the UK’s unique strengths in finance and investment.
Vietnam aims to improve its financial system through strategic partnerships with established financial markets. This collaboration focuses on knowledge sharing, skill development, and the adaptation of best practices in finance. The ambition is to create a robust framework that supports Vietnam’s growing economy and attracts foreign investments.
Moreover, Deputy Prime Minister Binh underscored the need for integrating innovative technologies in finance, which could significantly boost efficiency and accessibility in Vietnam’s financial services. Collaborative efforts in fintech and banking technologies are seen as vital areas of development.
Overall, Vietnam is actively seeking to enhance its financial services industry by learning from the UK’s experience, particularly in areas such as regulatory frameworks and risk management. This opportunity for cooperation signifies a step towards modernizing Vietnam’s financial landscape and promoting sustainable economic growth.
Vietnam is reaching out to the UK for valuable support in developing its financial centers, aiming to modernize and enhance its financial infrastructure. By fostering international cooperation and leveraging technology, Vietnam plans to create a more efficient financial system, ultimately promoting economic growth and attracting foreign investment.
Original Source: en.vietnamplus.vn
