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Prince Andrew lauds Vietnam’s socio-economic development

Prince Andrew, Duke of York, the UK, said Vietnam is one of the most successful countries regarding socio-economic development as well as the use of official development assistance (ODA).

HCM City (VNA) - The visiting prince, who is also a special representative for the UK’s international trade and investment, made the remark while meeting with Prime Minister Nguyen Tan Dung in Ho Chi Minh City on September 9.

During the meeting, PM Dung said he was delighted that the prince focused on the two governments’ top priorities, including trade-investment and education-training cooperation, during his visit.

“The visit will contribute to fostering bilateral relations between Vietnam and the UK,” the PM added.

He agreed with the prince’s assessment on the importance of boosting education-training cooperation between the two countries, including facilitating UK universities’ operation in Vietnam and training English language teachers for the Southeast Asian country.

Education is the Vietnamese Government’s great concern, the PM said, stressing the need to create favourable conditions for Vietnamese students to access advanced education systems.

For trade and investment, he affirmed that his government will join efforts with the UK government to boost cooperation.

In the future, with appropriate economic development measures, including those to curb inflation, which are on the right track, Vietnam will continue being a country with socio-political stability and high economic growth, the PM said, adding that this will be a convenient condition for British businesses to operate in Vietnam.

The PM expressed his wish that the prince will further support Vietnam and encourage British businesses to invest in the country, as well as create favourable conditions for Vietnamese commodities to enter the UK market.

Prince Andrew cited British businesses he met during his visit as saying that Vietnam has potentials in various areas and that they commit to long-term investment in the country.

He said he wanted the Vietnamese Government to facilitate financial and investment cooperation between the two countries as well as operations of British educational institutions.

After the meeting, PM Dung and Prince Andrew witnessed a function where the State Bank of Vietnam (SBV) handed over licenses to set up wholly foreign-owned banks to HSBC and Standard Chartered.

 
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