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Vietnam welcomes UK businesses


Hanoi (VNA) – Prime Minister Nguyen Tan Dung says Vietnam will create favourable conditions for businesses from the UK to engage in long-term investment in Vietnam .

While receiving the Secretary of State for Business, Enterprise and Regulatory Reform of the UK, John Hutton, in Hanoi on June 2, PM Dung said the Vietnamese government will actively boost cooperation between the two countries in economy, trade, investment, education and training, particularly in implementing agreements reached during a recent visit to the UK by the PM in order to bring in practical benefits for both sides.

While noting the declining world economy has negative impacts on Vietnam , particularly in triggering inflation and increasing trade deficit, PM Dung said he hoped the UK will share experiences with Vietnam in developing the economy and curbing inflation.

For his part, Secretary of State Hutton reiterated that the two countries have great opportunities for cooperation, particularly in economy, commerce and education and training.

He noted that many British enterprises are interested in investing in Vietnam ’s finance, banking and heavy industries and said the UK is willing to share experiences with Vietnam in developing economy and countering inflation.

 
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