Vietnamese Party chief meets leaders of UK corporations, financial organisations

General Secretary of the Communist Party of Vietnam (CPV) Central Committee To Lam on October 29 met with executives from several leading British corporations and international financial institutions as part of his official visit to the United Kingdom.

General Secretary of the Communist Party of Vietnam (CPV) Central Committee To Lam (right) and Saif Malik, CEO of Standard Chartered Bank and Head of Client Coverage, the UK at their meeting on October 29 (Photo: VNA)
General Secretary of the Communist Party of Vietnam (CPV) Central Committee To Lam (right) and Saif Malik, CEO of Standard Chartered Bank and Head of Client Coverage, the UK at their meeting on October 29 (Photo: VNA)

London (VNA) – General Secretary of the Communist Party of Vietnam (CPV) Central Committee To Lam on October 29 met with executives from several leading British corporations and international financial institutions as part of his official visit to the United Kingdom.

Meeting with Saif Malik, CEO of Standard Chartered Bank and Head of Client Coverage, the UK, General Secretary Lam commended the positive results achieved in financial and banking cooperation between Vietnam and the UK in recent years. He expressed his hope that Standard Chartered will continue to provide advice and support to help Vietnam develop into a regional financial hub.

He thanked the bank for its assistance in Vietnam’s recent stock market upgrade and called on Standard Chartered to support efforts to improve the country’s credit rating and assist with upcoming bond issuances, helping Vietnam raise capital at reasonable costs to advance national development.

Malik said he was honoured to meet the Vietnamese Party chief and praised the Party’s sound leadership in maintaining macroeconomic stability and promoting sustainable growth, thereby strengthening confidence of the business community and investors. Agreeing with General Secretary Lam’s assessment of Asia’s growing role in global finance, Malik reaffirmed Standard Chartered’s long-term commitment to investing in Vietnam and contributing to its prosperity.

aibus.jpg
General Secretary of the Communist Party of Vietnam (CPV) Central Committee To Lam (right) meets with Chris Drewer, Senior Vice President and Head of Global Accounts, Asia–Pacific, at Airbus Group in the UK. (Photo: VNA)

In a meeting with Chris Drewer, Senior Vice President and Head of Global Accounts, Asia–Pacific, at Airbus Group, General Secretary Lam lauded the group’s successful cooperation with Vietnamese partners, which has contributed to the rapid and increasingly self-reliant development of Vietnam’s aviation and aerospace industries.

He said Vietnam is accelerating the development of its aviation sector to meet the people's rising travel demand and support the country's deeper global integration. He encouraged Airbus to expand cooperation with Vietnamese airlines to expand the Airbus supply and production chain in Vietnam; enhance training of skilled personnel; promote aircraft engine maintenance; and consider establishing an Airbus centre in Vietnam to provide passenger, cargo, and maintenance services. He also proposed that the group facilitate Vietnamese carriers' direct negotiation on aircraft purchase agreements.

Drewer affirmed Airbus’s commitment to remaining a key partner of Vietnam and expressed interest in supplying more aircraft to Vietnamese airlines while expanding collaboration to areas such as helicopters, military aircraft, science-technology cooperation, and satellites.

roll-royce.jpg
General Secretary of the Communist Party of Vietnam (CPV) Central Committee To Lam (right) shakes hands with Helen Wilson, Senior Vice President of Sales at Rolls-Royce. (Photo: VNA)

Later, at a meeting with Helen Wilson, Senior Vice President of Sales at Rolls-Royce, General Secretary Lam praised the group’s capabilities and experience as one of the world’s leading industrial corporations, particularly in aviation.

He proposed that Rolls-Royce continue working with Vietnam on research and development of sustainable aviation fuels, training high-quality human resources, and transferring aerospace technology to Vietnamese partners. In the near term, he encouraged the group to establish a Rolls-Royce engine maintenance and repair centre in Vietnam, affirming that the country will create favourable conditions for foreign enterprises investing and operating there.

Wilson expressed her delight over the group’s cooperation with Vietnam Airlines and Vietjet in aircraft engine supply and maintenance, which has supported the growth of Vietnam’s aviation sector, affirming Rolls-Royce’s commitment to contributing to the development of a low-emission aviation industry and expanding cooperation with Vietnam in other fields./.

VNA

See more

The world’s longest over-sea cable car to Hon Thom Island in the Phu Quoc special zone, An Giang province. (Photo: VNA)

An Giang steps up tourism development ahead of APEC 2027

Tourism in the province has recorded strong growth, affirming its position as one of the region’s leading destinations. Phu Quoc Island continues to attract the majority of international travellers, receiving more than 817,660 visitors, accounting for over 98.5% of total foreign arrivals to the province.

Import-export activities at Lach Huyen international port in Hai Phong (Photo: VNA)

Reducing risks, removing logistics bottlenecks amid Middle East volatility

According to Truong Xuan Trung, Trade Counsellor of Vietnam in the UAE, the Middle East serves not only as a consumption market but also as a key global transhipment hub, meaning instability in the region creates ripple effects across intercontinental transport networks. Shipping route adjustments and airspace restrictions have lengthened transit times, increased costs and disrupted delivery schedules, with some Vietnamese shipments forced to reroute or seek alternative markets.

Cargo is handled at container terminals No. 3 and No. 4 of Hai Phong International Gateway Port. (Photo: VNA)

Businesses seek “survival momentum” amid global geopolitical turbulence

This is an urgent move as the challenges of 2026 differ markedly from previous ones, shaped by overlapping external shocks ranging from geopolitical tensions disrupting supply chains to surging logistics and raw material costs, exchange-rate pressures, and increasingly complex tariff barriers in global markets.

At the 2025 trade connectivity week for mechanical, electrical and digital industries. (Photo: VNA)

Ho Chi Minh City gives boost to supporting industry firms

Supporting industry firms in Ho Chi Minh City are scrambling to embed themselves more deeply into both global and domestic supply chains, backed by a suite of local incentives that are speeding up their tech upgrades and market access.

Italy's national pavilion at the ongoing Food & Hospitality Vietnam 2026 exhibition at Ho Chi Minh City's Saigon Exhibition and Convention Centre (SECC) draws visitors for hands-on experiences. (Photo: IVNA)

Italian food firms eye opportunities in Vietnam

Italy’s exports of food and beverages to Vietnam reached 105.1 million EUR in 2025, up 4% year-on-year, positioning the country among the leading EU suppliers to the Vietnamese market.

An overview of the working session (Photo: baoquangninh.vn)

Quang Ninh promotes all-round cooperation with Guangxi Zhuang Autonomous Region

Quang Ninh encourages Guangxi enterprises to invest in high-tech marine aquaculture and expand aquatic product exports in China. At the same time, the province aims to develop livestock farming in line with international standards and attract investment in deep-processing plants for agricultural products such as cinnamon, star anise and tea, linked with traceability systems at border gates.

Illustrative image (Source: VNA)

Vietnam becomes fastest growing market for Norwegian salmon in Southeast Asia

The Norwegian Seafood Council (NSC) reported at the “Norwegian seafood industry in Vietnam market 2026” event held in Ho Chi Minh City on March 25 that fresh Norwegian salmon exports to Vietnam jumped 16% in volume in the first two months of 2026 compared with a year earlier, while frozen salmon shipments surged about 37%.

At a petrol station (Photo: VNA)

Energy giants work hard to roll out E10 RON95 sale ahead of schedule

Petrolimex and PVOIL, are in a strong position to accelerate the transition toward cleaner fuels. These companies have been actively preparing infrastructure, upgrading blending systems, and coordinating supply chains to ensure the availability of E10 RON95 across their nationwide retail systems.

Deputy Prime Minister Nguyen Chi Dung visits Bosch Industrial in Stuttgart, Germany. (Photo: VNA)

Vietnam, Germany boost innovation, startup ecosystem connectivity

Deputy PM Nguyen Chi Dung highly valued CfE’s reputation and pioneering role in building Germany’s innovation-driven startup ecosystem, and called for stronger cooperation with NIC to support Vietnamese universities, research institutes and organisations in training and scientific research.

The FTA Index 2024 provides a panorama of the FTA implementation outcomes across the country. (Photo: VNA)

ASEAN opens new export momentum for Vietnam

As competition in ASEAN is intensifying, Vietnamese enterprises are advised to strengthen distribution networks, enhance product innovation and closely monitor policy changes and trade-defence measures in importing markets to sustain and expand their market share.