Hanoi (VNA) ✃– Deputy Prime Minister Nguyen Hoa Binh has called on the UK to support Vietnam in training personnel for its planned regional and international financial centres in Ho Chi Minh City and Da Nang.
During his meeting with UK Ambassador to Vietnam Iain Frew in Hanoi on February 26, Deputy PM Binh commended the ambassador’s efforts to strengthen bilateral ties and underlined that Vietnam attaches importance to enhancing its strategic partnership with the UK and wants to elevate the relationship to a higher level in the near future.
Binh proposed increasing the exchange of all-level delegations and effectively implementing cooperation mechanisms, closely coordinating at multilateral forums such as the United Nations and the ASEAN-UK framework. He suggested arranging visits by Vietnamese leaders to the UK in 2025 on the occasion of the 15th anniversary of the two countries' strategic partnership (2010-2025).
Discussing trade, investment, education, science, hi-tech, and climate change cooperation and people-to-people exchange, the Deputy PM noted the positive growth in bilateral trade, which reached over 8 billion USD in 2024, an 18% increase from 2023. He urged the UK to further open its market to Vietnamese products, that Vietnam is strong and the UK needs.
He encouraged UK investment in Vietnam through direct projects and financial models, highlighting Vietnam’s efforts to develop regional and international financial centres as a key national policy aimed at mobilising resources for faster, more robust development. These centres in HCM City and Da Nang will play a crucial role in supporting green energy, the circular economy, and high-tech initiatives.
Ambassador Frew welcomed the opportunity to strengthen financial cooperation with Vietnam (Photo: VNA)
Vietnam has been promoting the establishment of these financial hubs with effective support from the Tony Blair Institute. Binh expressed his hope that the UK would share its expertise in organising and managing financial centres. He also requested training for core personnel to manage the future centres and called on UK-based investors, banks, and financial institutions to explore opportunities in Vietnam.
Ambassador Frew welcomed the opportunity to strengthen financial cooperation, emphasising the UK’s readiness to share its experience in operating international financial hubs. He noted that several British firms, investment funds, and banks have already established a presence in Vietnam and see significant potential in the country’s plans to develop international financial centres./.
Tam Anh Research Institute (TAMRI) under Tam Anh General Hospital Group has recently announced its Memorandum of Understanding on scientific research and medical training collaboration with the University of Oxford, marking the prestigious British institution’s first bilateral agreement with a Vietnamese research institute and hospital system.
Vietnam and the UK have identified trade and investment cooperation as an important pillar of their Strategic Partnership and will step up measures to ramp up economic cooperation in the coming time.
The trip will be made at the invitations of Chinese Premier Li Qiang and WEF President and CEO Børge Brende, according to an announcement from the Ministry of Foreign Affairs.
Long spoke highly of the dynamic, positive, and comprehensive development of Vietnam – Russia relations in recent years. He affirmed that the Vietnamese Party and State place great importance on further strengthening the comprehensive strategic partnership with Russia in a substantive and effective manner, in line with the development needs of both nations.
At the conference, participants reported that the Government has so far issued 28 decrees on the delegation of responsibilities and powers between the central Government and two-tier local administrations. Several localities have already piloted the new governance model.
Reality is the ultimate benchmark for success, he said, urging drafting agencies to work out policies that foster development, reduce bureaucratic hurdles, and respect practical conditions.
Under the official dispatch signed on June 20, ministers, heads of ministerial-level agencies, and chairpersons of provincial and municipal People’s Committees are requested to concentrate efforts on implementing core measures to ensure the smooth operations of the new administrative framework.
The Party chief underscored the need for the press to innovate relentlessly, evolve to keep pace with the country's development, transform into a truly professional, humanistic, and modern sector that serves the cause of the Party, the State, and the people on the path to national construction and development.
The UN Secretary-General praised Vietnam’s remarkable achievements in socio-economic development and international integration in recent years, noting that the country has emerged as a model in implementing the Sustainable Development Goals (SDGs), promoting international peace and security, and engaging in key UN processes.
Nghia affirmed that this is a milestone of special significance, affirming and honouring the the Vietnamese revolutionary press’s glorious tradition of 100 years of serving the revolutionary cause of the Party, serving the Fatherland, and serving the people.
The Party and State of Vietnam always attach great importance to and give top priority to the development of Vietnam–China relations. Vietnam is ready to work with the Chinese Party and State to further deepen the Comprehensive Strategic Cooperative Partnership and promote the building of the Vietnam-China community with a shared future that carries strategic significance.
Under the leadership of President Ho Chi Minh and the CPV, President Cuong said, the press has been a steadfast force on the ideological and cultural front, rallying the masses to pursue national aspirations.
NA Chairman Tran Thanh Man stressed the need to accelerate the application of artificial intelligence and smart teaching equipment, innovate teaching and assessment methods, and further improve the quality of formal education.
He also pledged that the NA will promote its ongoing supervision, making sure that every promise must lead to results, and every commitment must bring about real changes.
Minister of Industry and Trade Nguyen Hong Dien welcomed the proposals put forward by the US side and reiterated Vietnam’s request for consideration of key areas of interest, including reciprocal tariff policies and access for Vietnamese key export products to the US market.
Deputy PM Le Thanh Long proposed countries promote shared values, including building trust, sincerity, and solidarity among nations and peoples; fostering cooperation spirit and responsible behaviour as well as upholding international law and the UN Charter; and placing people at the centre and as the goal, the key player, and the driving force of all policies.
The show, together with a grand parade to be held silmutaneously at Ba Dinh Square in Hanoi, will celebrate the 80th anniversary of the August Revolution, the National Day, and the General Staff of the Vietnam People’s Army (VPA).
In particular, in April 2023, the two sides successfully carried out a joint operation that dismantled a major organised, transnational drug trafficking ring involving both Vietnamese and Cambodian suspects.
The Vietnamese Embassy in Israel is closely coordinating with relevant local agencies to stay informed and provide the utmost support possible for Vietnamese nationals.
The launch of Thanh Nien (Young People) newspaper in 1925, even before the founding of the Communist Party of Vietnam, is considered a testament to President Ho Chi Minh’s strategic foresight and strong belief in the guiding power of the revolutionary media.
