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Deputy PM receives London mayor

Update: October, 08/2014 - 09:05
Deputy Prime Minister Vu Van Ninh hosted a reception in Ha Noi yesterday for visiting Lord Mayor of the City of London Alderman Fiona Woolf. — Photo VGP

HA NOI (VNS) — Deputy Prime Minister Vu Van Ninh hosted a reception in Ha Noi yesterday for visiting Lord Mayor of the City of London Alderman Fiona Woolf, who spoke highly of the Vietnamese Government's efforts to maintain macroeconomic stability and curb inflation.

The two sides also discussed opportunities for UK investors to participate in public-private partnership (PPP) projects in Viet Nam.

Deputy PM Ninh highly valued the UK Government's commitment to intensifying ties with Viet Nam and providing the country with more official development assistance (ODA) and other preferential loans. He stressed the need for the two countries' banks to step up co-operation given Viet Nam's great demand for capital to invest in infrastructure and industry and improve people's lives.

The UK's banks had contributed remarkably to improving Viet Nam's banking system as well as boosting trade and investment ties between the two countries, the Government official stated.

The Vietnamese Government would create favourable conditions for UK investors to do long-term business in Viet Nam, he added. — VNS

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