British firms want to expand operations in HCM City

Politburo member and Secretary of the Ho Chi Minh City Party Committee Nguyen Thien Nhan hosted a reception on September 19 for UK Ambassador to Vietnam Giles Lever, who noted British firms’ intention to expand operations in the city.
British firms want to expand operations in HCM City ảnh 1Politburo member and Secretary of the Ho Chi Minh City Party Committee Nguyen Thien Nhan (R) receives British Ambassador Giles Lever on September 19 (Photo: hcmcpv.org.vn)

Hanoi (VNA) – Politburo member and Secretary ofthe Ho Chi Minh City Party Committee Nguyen Thien Nhan hosted a reception onSeptember 19 for UK Ambassador to Vietnam Giles Lever, who noted British firms’intention to expand operations in the city.

Nhan appreciated the ambassador’s contributionsto UK-Vietnam ties, including relations between the UK and HCM City.

The UK is one of the biggest investment andtrade partners of the southern city of Vietnam, he noted, explaining thatbilateral trade exceeded 800 million USD in 2016. The country also ranks 12thamong foreign investors in HCM City.

He expressed his hope Lever would continue topromote HCM City-UK cooperation programmes, including a public-privatepartnership to build an on-demand examination and treatment section at NguyenTri Phuong Hospital.

[UK agency vows to fund HCM City’s development projects]

The official also called for British investmentin fields HCM City is focusing on such as education, trade, the city’sfinancial centre construction, and smart city development.

For his part, Ambassador Lever voiced delight atthe growth in cooperation between the UK and Vietnam.

Highlighting HCM City and Vietnam’sattractiveness to British investors, he said the British Business Group Vietnamis developing and wants to expand in the city, particularly in infrastructuredevelopment, banking and services.

He noted his country’s readiness to support HCMCity in developing a smart city and pushing ahead with cooperation projects.The UK also attaches importance to bilateral cooperation in education-training,investment and trade.-VNA
VNA

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