The UK, with an annual agri-food import value of 67 billion USD, is seen as a high-potential market. In 2024, Vietnam’s agri-export turnover to the UK reached nearly 883 million USD, a 15.4% year-on-year increase.
Vietnam Airlines launched its direct UK route in 2011, initially operating from London Gatwick Airport (LGW) before transitioning to Heathrow in 2015, improving connectivity to one of the UK’s major international hubs./.
The agreement is expected to generate over 20 million GBP (26 million USD) in revenue for the UK seafood sector over the next five years.
In a meeting with UK Home Secretary Yvette Cooper, both sides reaffirmed their strong cooperation in migration management, human trafficking investigation, and immigration control.
The world has gone deeply into the Fourth Industrial Revolution, and Resolution No.57-NQ/TW on making breakthroughs in science, technology, innovation, and national digital transformation is a positive signal showing that Vietnam is already embracing and engaging in change.
This was the first JCC meeting presided by Vietnam as the coordinator of ASEAN-UK relations for the 2024-2027 term.
Under the MoU, both sides will promote cooperation in research and innovation among policymakers, government agencies, research institutions, universities, and businesses to support digital transformation and drive technological advancements in the southern city.
At the signing ceremony, Deputy Minister Phan Thi Thang affirmed that the MoU not only represents a milestone in the cooperation between the two sides but also demonstrates the ministry’s commitment to protecting consumer interests in an increasingly interconnected global marketplace.
With Ho Chi Minh City ranking 98th out of 121 global financial centres and classified as a "local specialist" in the Global Financial Centres Index (GFCI) released on March 20, Vietnam has a plethora of strategic options to develop its financial hub.
Vietnam’s plan to establish regional and international financial centres in Da Nang City and Ho Chi Minh City will not only enhance the country’s position in the regional and global financial systems but also create motives for sustainable economic growth.
The UK's University of Stirling has announced a 3.5 million GBP (4.55 million USD) initiative named AquaSoS to develop digital tools to support sustainable aquaculture in the Mekong Delta region of Vietnam, according to the British Embassy in Vietnam.
The discussion was part of a British Council-funded project involving four Vietnamese universities -Ho Chi Minh City University of Economics and Finance (UEF), Phenikaa University, Ho Chi Minh City University of Technology (HUTECH), and Vietnam-Korea University of Information and Communication Technology (VKU) - University of Da Nang- in collaboration with the University of Gloucestershire in the UK.
As part of his visit to the UK, on March 18, Permanent Deputy Prime Minister Nguyen Hoa Binh held meetings with British Deputy Prime Minister Angela Rayner and Speaker of the House of Commons Lindsay Hoyle.
Standing Deputy Prime Minister Nguyen Hoa Binh commended VIS for its role as a bridge for cooperation in education-training and science-technology, which hold great potential for partnership between Vietnam and the UK. He also urged VIS to contribute to Vietnam’s plans for the establishment of financial centres in Ho Chi Minh City and Da Nang.
Vietnam has the foundation and potential to successfully build an international financial center, according to Associate Professor Nguyen Dang Bang, a finance expert at the University of Cambridge’s Judge Business School.
Tuan also highlighted the importance of human capital, one of the five important factors to successfully build a financial centre, citing the Global Financial Centres Index, which ranks business environment, human capital, infrastructure, market development, and reputation as the key drivers of success.
Vietnamese Ambassador to the UK Do Minh Hung is confident that Standing Deputy PM Nguyen Hoa Binh's visit to the UK will be a success, creating new momentum for cooperation in economy, finance, education, and training, contributing practically to the dynamic and effective development of the Vietnam-UK Strategic Partnership
Vietnam and the UK committed to focusing on efforts to prevent illegal migration and human trafficking. Combined efforts also cover repatriation and legal migration routes, implementing solutions to prevent illegal migration, capacity-building training on migration procedures, improving awareness-raising and information exchange.
King Charles III expressed his admiration for Vietnam’s achievements in economic reform and development, as well as the strong progress of the Vietnam-UK Strategic Partnership.
A display area featuring President Ho Chi Minh’s statue and related artifacts at the Newhaven Museum in East Sussex, the UK, is under restoration.
Vietnamese Ambassador to Japan Pham Quang Hieu underscored the significance of the Tet celebration, which helped the overseas Vietnamese (OVs) to reconnect with their roots and honour the nation’s cultural values.
Tam Anh Research Institute (TAMRI) under Tam Anh General Hospital Group has recently announced its Memorandum of Understanding on scientific research and medical training collaboration with the University of Oxford, marking the prestigious British institution’s first bilateral agreement with a Vietnamese research institute and hospital system.
Vietnamese communities across the world, including in Belgium, Luxembourg, Russia, the Netherlands, Germany, Slovakia, and the UK, have celebrated the upcoming Lunar New Year (Tet), the largest traditional festival of the home country.
The Vietnamese Business Association in the UK (VBUK) has announced plans to reshape the landscape of Vietnam-UK trade relations, focusing on driving business community forward, fostering its unity and strengthening connections with their Vietnamese partners both at home and abroad.
Vietnam and the UK have identified trade and investment cooperation as an important pillar of their Strategic Partnership and will step up measures to ramp up economic cooperation in the coming time.