Business

UK scholar highlights cooperation prospects with Vietnam

Vietnam and the UK are having numerous chances to increase the bilateral trade cooperation, according to Professor Julian Beer, Deputy Vice-Chancellor of Birmingham City University (BCU).
UK scholar highlights cooperation prospects with Vietnam ảnh 1Processing shrimp for exports (Illustrative image. Source: VNA)
London (VNA) – Vietnam and the UKare having numerous chances to increase the bilateral trade cooperation, accordingto Professor Julian Beer, Deputy Vice-Chancellor of Birmingham City University(BCU).

To seize these opportunities, both countriesshould focus on the fields that they could jointly increase the added values,the professor said in a recent talk to Vietnam News Agency’s correspondent.

The two countries arein a favourable position now to discuss enhancing collaboration at the nationalscale, he said, noting the proportion of Vietnam-UK trade in each country’sexternal trade is not high, even close to zero for the central part of the UK.

The professor remarkedthat although real opportunities are awaiting the two countries to increase theircooperation and open up new trade horizon, difficulties and challenges stilllie ahead.

Therefore, it is advisable for Vietnam and the UK to seek mutually beneficial fieldsand sectors to propel the bilateral trade forward, he recommended. -VNA

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#trade cooperation#Professor Julian Beer
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