Updated  
April, 17 2014 09:21:00

Deputy PM Ninh meets Lord Mayor of London

Deputy Prime Minister Vu Van Ninh meets Lord Mayor of the City of London Fiona Woolf on Tuesday.— VNA/VNS Photo Do Sinh

LONDON (VNS)— Deputy Prime Minister Vu Van Ninh met Lord Mayor of the City of London Fiona Woolf on Tuesday, as part of his visit to the United Kingdom.

During the meeting, the Deputy Prime Minister affirmed that Viet Nam was actively implementing economic restructuring in order to achieve sustainable growth.

He also requested the Lord Mayor to share her experiences on the healthy development of a financial system and strengthening capital mobilisation, especially through private–public partnership, as London was the world's leading financial centre.

For her part, Woolf expressed her interest in Viet Nam's banking reform policy and hoped to co-operate and share her experiences with the country in that field.

According to the Lord Mayor, the Vietnamese market was of key importance to the British investors.

The London financial district, which aims to foster investment and trade in all sectors, was ready to help Viet Nam in attracting investments and promoting exports, she emphasised.

On the same day, Deputy PM Ninh held a working session with the leaders and leading economists of the Standard Charter Bank (SCB).

The SCB's leaders thanked the Vietnamese Government for supporting the bank's effective operations in Viet Nam and expressed optimism for further support to expand in the future.

The SCB highlighted the significance of the Deputy PM's visit aimed to help the British authorities and businesses gain a better understanding about Viet Nam's polices in international integration and economic restructuring, particularly of the banking system.

The UK business community highly valued Viet Nam's efforts in curbing inflation, stabilising the macro economy, and maintaining positive growth, they declared.

The SCB was also optimistic about the country's economic development prospects after the encouraging results of banking reforms, and discussed the possibility of raising the trust index of international ranking agencies for Vietnamese banks.

The conclusion of negotiations for the EU–Viet Nam Free Trade Agreement within 2014 will send a persuasive message to foreign investors, they stated, adding that it will open up opportunities for further co-operation in trade and investment between Vietnamese enterprises and those from the United Kingdom, in particular, and between Viet Nam and the EU, at large.

Yesterday, Ninh also held talks with UK Foreign Secretary William Hague, met Minister without Portfolio Grant Shapps, and shared a meeting with representatives of the Vietnamese community and staff from the Vietnamese Embassy in the United Kingdom. — VNS

Send Us Your Comments:
Name:
Your E-mail address:
Title:
 

VietNamNews may edit your comments and not all emails will be published.

Highlight

Experts slam failure to save old trees Experts slam failure to save old trees

Distinguished scientists and experts in the field of urban planning raised many challenges at a conference yesterday to review Ha Noi's urban tree planning.

Whistleblowers to be rewarded up to US$160,000 1    Whistleblowers to be rewarded up to US$160,000

The Ministry of Home Affairs and the Government Inspectorate have issued a joint circular announcing that whistleblowers will be rewarded up to VND3.4 billion (US$160,000).

Daewoo founder seeks to inspire youth Daewoo founder seeks to inspire youth

As you get older, you spend hours regretting each minute you wasted in your youth, which flies by.

IZ firms find pollution controls too expensive IZ firms find pollution controls too expensive

Many companies in industrial zones claim they lack capital to introduce equipment to save energy and lessen emissions.

Caves in Quang Binh will soon echo with the sounds of runners Caves in Quang Binh will soon echo with the sounds of runners

Quang Binh, home of the biggest cave in the world, Son Doong, is offering visitors treks, caving tours and a race.