Deputy Prime Minister Vu Van Ninh on October 7 received Lord Mayor of London Alderman Fiona Woolf on a working visit to Vietnam.
At the meeting, Deputy PM Ninh told the UK guest that he is happy to see the Vietnam-UK relationship developing well since the two countries elevated their relations to a strategic partnership as a result of expanded cooperation in various realms.
Ninh praised the UK Government's continued cooperation with Vietnam and its provision of ODA and other preferential loans for the country.
|Deputy PM Vu Van Ninh (R) and Lord Mayor of London Alderman Fiona Woolf . |
“It is essential for the two sides to increase banking cooperation as Vietnam is now in high demand for capital investment in infrastructure, the industrial sector, and improvements in people's lives.” Ninh noted
He expressed his hope UK investors will continue to boost cooperation with Vietnam, adding that the Government of Vietnam will facilitate UK investments in the Southeast Asian nation.
Fiona Woolf, in turn, briefed her host on the working session between London Financial Center and the Vietnam Ministry of Finance on access to capital and financial services to further strengthen trade and investment cooperation between Vietnam and the UK and opportunities for British investors to engage in public-private partnership (PPP) projects in Vietnam.
She also spoke glowing of the efforts by the Vietnamese Government and the banking sector in maintaining economic stability and control inflation while stating that there are many UK businesses keen to invest in the Vietnamese market to expand cooperation areas of mutual concern.
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