More UK businesses expected to invest in Vietnam

Deputy Prime Minister Trinh Dinh Dung called on businesses from the UK to make investment in Vietnam during a reception for Lord James Mayer Sassoon, Executive Director of Jardine Matheson Holdings Limited, in Hanoi on January 17.
More UK businesses expected to invest in Vietnam ảnh 1Deputy Prime Minister Trinh Dinh Dung (R) receives Lord James Mayer Sassoon, Executive Director of Jardine Matheson Holdings Limited (Photo VNA)

Hano​i (VNA) –
Deputy Prime MinisterTrinh Dinh Dung called on businesses from the UK to make investment in Vietnam duringa reception for Lord James Mayer Sassoon, Executive Director of JardineMatheson Holdings Limited, in Hanoi on January 17.

He emphasised the positive development of theVietnam-UK strategic partnership over the past time, especially in the fieldsof trade, investment and tourism.

The UK is the second biggest European investorin Vietnam, after the Netherlands, with 267 foreign direct investment (FDI)projects worth 3.75 billion USD and the third largest trade partner of Vietnamin Europe, after Germany and the Netherlands. Two-way trade grew rapidly to reach 5.7 billion USD in 2017, he noted.

The Deputy PM welcomed Jardine Matheson, one ofthe leading groups in the UK, to make early investment in Vietnam withsignificant outcomes. 

The operation of UK businesses, includingJardine Matheson, has helped deepen the cooperative relations between the twocountries, he said.

He hoped the UK and Vietnamese enterprises willforge connectivity to promote the two nations’ strategic partnership in a moreactive and practical manner for mutual benefits.

The Government of Vietnam is implementingpolicies to stabilise the macro economy, curb inflation, speed up growth, and developthe private sector, as well as refine institution, build a healthy businessenvironment for investors, and accelerate the modernisation and industrialisation,which create brilliant cooperation and investment opportunities for foreigninvestors, including those from the UK, he noted.

James Mayer Sassoon expressed his impression onVietnam’s socio-economic development achievements and highly valued thecountry’s policies to improve the investment environment and the Government’scommitments to facilitating business production in the long run.-VNA
VNA

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