Wednesday, September 26 2018


PM talks finance with Lord Mayor of London

Update: September, 25/2012 - 09:10


Prime Minister Nguyen Tan Dung greets the Lord Mayor of the City of London, Alderman David Woottonn in Ha Noi.—VNA/VNS Photo Duc Tam
HA NOI (VNS)— Viet Nam sought further co-operation from the United Kingdom in finance, banking and the building of financial centres in Ha Noi and HCM City, Prime Minister Nguyen Tan Dung said yesterday.

Dung was speaking at a meeting to welcome the Lord Mayor of the City of London, Alderman David Woottonn in Ha Noi.

The PM praised the outcome of working sessions between Wootton and Vietnamese agencies, saying that they would strengthen co-operation between the two countries.

Wootton said UK businesses accompanying him had special interest in the Vietnamese market and considered it an attractive investment destination.

The Mayor praised Viet Nam's flexible response to the global economic recession and its synchronised policies in managing the macro economy, finance and currency as well as controlling inflation. He said this had created favourable conditions for and increased trust by foreign investors.

Wootton said he hoped for further ties in auditing, securities and public-private co-operation.

Earlier, Wootton attended a conference on the legal framework for public-private partnership (PPP) jointly held by the Ministry of Planning and Investment and the City of London.

Speaking at the event, Minister Bui Quang Vinh said Viet Nam was focusing on developing infrastructure and calling for investment.

Therefore, the country wanted to speed up PPP co-operation and to learn from the United Kingdom about developing infrastructure.

Wootton also expressed hope that the business links forged between Viet Nam and the UK would realise ambitions of raising two-way trade to US$4 billion by 2013.

Delegates also focused on the UK's experiences in Private Finance Initiative (PFI) projects and the situation of PPP pilot projects in the country. — VNS

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