UK highly appreciates economic, trade cooperation with Vietnam
Vietnam and the UK boast huge potential for stronger cooperation in technology, energy, infrastructure, construction, goods production and education, said a British trade official.
British Prime Minister’s Trade Envoy to Vietnam, Laos and Cambodia Edward Vaizey. (Photo: VNA)
London (VNA) – Vietnam and the UK boast huge potential for strongercooperation in technology, energy, infrastructure, construction, goodsproduction and education, said a British trade official.
In an interview granted to London-based VietnamNews Agency correspondent, British Prime Minister’s Trade Envoy to Vietnam,Laos and Cambodia Edward Vaizey said cooperation with Vietnam, a dynamiceconomy with impressive growth, will bring in positive results.
As the UK is negotiating to leave theEuropean Union, Vaizey expressed his hope that the UK and Vietnam will reach afree trade agreement (FTA).
He said that one of his priorities will beto bolster trade with Vietnam and ensure that the British Government sees thesignificance of a free trade deal with Vietnam, one of the fastest growingeconomies in Asia.
In regard to the hosting of the APEC Economic Leaders Meeting, Vaizey said itis an important event for Vietnam when leaders from 21 member economies willgather to discuss measures to increase trade among them.
He stressed that the Asia Pacific is strongenough to reach the Trans-Pacific Partnership despite the US’s withdrawal fromthe pact, adding that London always supports the removal of trade barriersamong economies to bring more choices to consumers and nudge them closer totop-quality products with lower prices.
Vaizey also highlighted the importance of maritime safety so that ships andgoods can move smoothly. The UK has a long history of maritime issues and iswilling to support the region in fields of its experience, he added.-VNA
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The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
British Prime Minister’s Trade Envoy to Vietnam, Laos and Cambodia Edward Vaizey. (Photo: VNA) 
