British Minister of State praises Vietnam’s economic development
Vietnam has seen strong economic growth in the past three decades, second only to China, and this has opened up great opportunities for foreign firms, including those from the UK, to boost investment in the country.
British Minister of State for Asia and the Pacific at the Foreign and Commonwealth Office Mark Field. (Photo: British Embassy in Vietnam)
Hanoi (VNA) – Vietnam has seen strong economic growth in the pastthree decades, second only to China, and this has opened up great opportunitiesfor foreign firms, including those from the UK, to boost investment in thecountry.
British Minister of State for Asia and thePacific at the Foreign and Commonwealth Office Mark Field made the comment inan article entitled “As Thailand and Vietnam lead the Asian century, it’s time for Britishbusinesses to look east” posted on City A.M financial newspaper on January 18.
Bilateral trade andinvestment is growing smartly, in deed, it has more than doubled since bothsides inked a strategic partnership agreement in 2010, he stated, noting that“there is much more potential to be exploited”.
As the two countries are celebrating 45years of diplomatic relations in 2018, it will provide “heavenly timing,earthly benefitting and humanly sustaining” conditions for British enterprisesto display in Vietnam the best of what they have to offer in education,creativity and innovation.
Fieldvisited Hanoi from January 4-6 and co-chaired the 6th Vietnam-UKStrategic Dialogue with Permanent Deputy Minister of Foreign Affairs Bui ThanhSon.
Duringhis stay, he visited UK-aided works to support Vietnam’s economic developmentvia promoting renewable energy, green finance and smart cities.
Hesaid that the relationship with Vietnam will be broader and deeper than manywould expect and the UK stands ready to provide expertise to assist Vietnam toreach its full potential.-VNA
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British Minister of State for Asia and the Pacific at the Foreign and Commonwealth Office Mark Field.
