Vietnam Engages UK for Assistance in Financial Centre Development

Vietnam seeks UK support in building financial centers to enhance its financial infrastructure and promote economic growth. Deputy Prime Minister Nguyen Hoa Binh calls for collaboration with the UK to share best practices and attract investments.

Vietnam has expressed a keen interest in acquiring support from the United Kingdom to establish financial centers. Deputy Prime Minister Nguyen Hoa Binh highlighted the potential benefits of British investment and expertise during a meeting with the Vietnamese Intellectual Society in the UK. The collaboration aims to strengthen Vietnam’s financial sector while enhancing economic ties between the two nations.

During the discourse, Deputy Prime Minister Binh underscored Vietnam’s ambition to transform its financial landscape. He noted that with the appropriate assistance, Vietnam could effectively develop its infrastructure and regulatory framework for financial institutions. This initiative could foster a conducive environment for both local and foreign investments.

Furthermore, Binh emphasized that the partnership with the UK could significantly benefit Vietnam’s economic development. By integrating best practices and knowledge transfer, the expected outcome of developing competitive financial centers would be a vital step for Vietnam’s economic growth agenda. He invited UK businesses to explore opportunities in key sectors of Vietnam’s economy.

In conclusion, Vietnam’s appeal to the United Kingdom for assistance in building financial centers reflects its ambition to advance its financial system and elevate economic collaboration between the two countries. By harnessing British expertise and investment, Vietnam aims to create a robust financial infrastructure conducive to growth and foreign investment.

Original Source: en.vietnamplus.vn