Vietnam, UK seek to foster trade, investment links

A memorandum of understanding (MoU) to promote relations between Vietnamese localities with UK partners, towards strengthening trade and investment cooperation between the two countries was signed in London on June 24.
Vietnam, UK seek to foster trade, investment links ảnh 1At the signing ceremony (Source: VNA)

London (VNA) -  A memorandum ofunderstanding (MoU) to promote relations between Vietnamese localities with UKpartners, towards strengthening trade and investment cooperation between thetwo countries was  signed in London onJune 24.

The signatories were representatives of the Ministry of Foreign Affairs and theUK Asia House - the independent organization advising governments, publicacademies and private organizations to promote political, economic and tradeties between Europe and Asia.

The signing was witnessed by Vietnamese Ambassador to the UK and NorthernIreland Tran Ngoc An, and representatives from Yen Bai, Lang Son and Dak Lakprovinces , and a number of Vietnamese enterprises.

The two sides agreed to cooperate in organising events, roundtable conferences,and forums on economic and business development of the two countries, helpingUK and Vietnamese enterprises to seek ways for expanding business andinvestment cooperation in both nations.

Speaking at the signing ceremony, Asia House CEO Michael Lawrence said theorganisation’s top priority is to enhance economic cooperation with Asia,expressing his hope that Vietnam, as the Chairman of ASEAN in 2020, will workclosely with Asia House to promote cooperation between the UK and ASEANcountries.

Vietnam, with an annual average economic growth of over 6 percent in the pastfew years, has attracted increasing attention from UK firms, he noted.

The same day, the Vietnamese Embassy and the British University Vietnam (BUV) signeda MoU on coordination to promote scholarships funded by the BUV for Vietnamesestudents in the UK to pursue financial and banking sectors at the BUV in the2019-2020 academic year.-VNA
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