Deputy Prime Minister Nguyen Hoa Binh’s visit to the UK reinforces bilateral ties through meetings aimed at enhancing strategic partnerships in financial development and energy cooperation. Discussions included encouraging British investments in Vietnam, with commitments to collaboration in various sectors. The commitment to strengthen Vietnam’s financial institutions and market status was emphasized throughout the visit.
During his visit to the United Kingdom on March 18, Permanent Deputy Prime Minister Nguyen Hoa Binh engaged in discussions with British Deputy Prime Minister Angela Rayner and House of Commons Speaker Lindsay Hoyle, focusing on enhancing the two nations’ strategic partnership. His agenda included participation in a seminar on financial center development and a visit to the London Stock Exchange.
In a meeting with Deputy Prime Minister Rayner, Mr. Binh emphasized Vietnam’s commitment to fostering ties with the UK and invited British investment in Vietnam’s financial sector. He also expressed interest in training skilled professionals and expanding investments in clean and renewable energy. Rayner commended Vietnam’s financial initiative and promised support from UK experts and businesses for trade enhancement and energy cooperation.
Alongside discussions on parliamentary collaboration with Speaker Hoyle, Mr. Binh advocated for deeper exchanges to fortify partnerships in trade, investment, and education. Both officials recognized the importance of cooperation in security and illegal migration issues, agreeing on resolutions through peaceful means in adherence to international law.
At the seminar organized by TheCityUK, Deputy Prime Minister Binh praised British experts for their contributions to Vietnam’s financial sector strategies. He called for continued support from TheCityUK to develop effective regulatory frameworks for upcoming projects, which UK Ambassador to Vietnam Iain Frew highlighted as vital for Vietnam’s development.
Moreover, discussions at the London Stock Exchange with CEO Julia Holgate focused on enhancing cooperation in Vietnam’s stock market sector. Holgate affirmed her commitment to helping improve market transparency, liquidity, and technology integration while aiming for Vietnam’s stock market to achieve emerging market status.
Deputy Prime Minister Binh also conferred with Barnaby Swire of Swire Group regarding investments in Vietnam’s green economy. Swire reaffirmed his commitment to the region, with plans to enhance operations in aviation and real estate, particularly in the context of supporting the development of financial centers in Ho Chi Minh City and Da Nang. He expressed readiness to collaborate on urban planning projects based on past successes in Hong Kong and Shanghai.
In summary, Deputy Prime Minister Nguyen Hoa Binh’s visit to the UK reinforces the commitment between Vietnam and the UK to enhance bilateral relations, particularly in the financial sector and energy cooperation. The discussions led to a mutual understanding of the benefits of collaborative investment and expertise sharing, demonstrating both countries’ dedication to achieving shared prosperity and addressing regional challenges. This partnership aims to elevate Vietnam’s international financial profile while contributing to sustainable development.
Original Source: en.vietnamplus.vn