Vietnam’s Deputy Prime Minister Nguyen Hoa Binh has requested the UK’s assistance in developing financial centers, emphasizing the potential to enhance Vietnam’s financial services and attract investments through international collaboration.
In a recent meeting, Deputy Prime Minister Nguyen Hoa Binh sought the United Kingdom’s support for the establishment of financial centers in Vietnam. He emphasized the potential advantages the collaboration could bring, particularly in enhancing Vietnam’s financial services sector. The Deputy Prime Minister engaged with the Vietnamese Intellectual Society in the UK and Ireland, highlighting the importance of foreign expertise in fostering economic growth.
During his visit, Deputy Prime Minister Binh outlined plans to develop Vietnam’s financial infrastructure, aiming to create a robust environment for both domestic and foreign investment. He expressed that UK assistance could be instrumental in implementing best practices for regulatory frameworks and governance. He subsequently called for partnerships that would facilitate knowledge transfer and innovation from the UK financial market to Vietnam.
The discussions underscored the increasing bilateral relations between Vietnam and the UK, particularly in finance. Deputy PM Binh’s initiative reflects a strategic goal to position Vietnam as a key player in the Southeast Asian financial landscape. By building comprehensive financial centers, Vietnam aims to attract investment and increase its competitive edge regionally and globally.
In summary, Deputy Prime Minister Nguyen Hoa Binh’s outreach to the UK illustrates Vietnam’s commitment to enhancing its financial sector through international collaboration. By seeking assistance in building financial centers, Vietnam aims to develop a sustainable economic environment conducive to growth and innovation, promoting stronger ties with the UK.
Original Source: en.vietnamplus.vn
