In his recent interview with the Vietnam Government Portal (VGP), UK Ambassador to Vietnam Iain Frew affirmed that the agreement will help to liberalize trade and investment between UK and Vietnam as well as between the UK and the rest of the CPTPP members.
The Vietnamese government welcomes advice from the Tony Blair Institute for Global Change on finance, energy transformation, and technology as it aims for developed country status.
At a meeting between Deputy Minister of Agriculture and Rural Development Phung Duc Tien and British Ambassador to Vietnam, H.E. Gareth Ward, on July 21, the two sides discussed solutions to promote bilateral agricultural trade and other issues in preparation for the upcoming Vietnam - UK agricultural cooperation conference.
Within the framework of his official visit to the UK, on June 29, in London, National Assembly (NA) Chairman Vuong Dinh Hue received leaders of a number of British corporations investing in Vietnam, who made many key commitments. Prudential committed to cooperating with Vietnam in three initiatives: green investment, insurance technology, and the development orientation of Ho Chi Minh City in becoming an international financial center. Standard Chartered, meanwhile, committed to helping Vietnam improve its credit rating.
National Assembly (NA) Chairman Vuong Dinh Hue is visiting the UK and attended a high-level seminar on economy and trade on June 30. Addressing the seminar, Deputy Prime Minister Le Van Thanh, who is accompanying the NA Chairman, said a target has been set of two-way trade turnover reaching $10 billion by 2023. According to Ms. Anne Marie Trevelyan, British Secretary of State for International Trade, trade relations with Vietnam play a very important role in the UK’s trade policy.