Vietnam’s Deputy Prime Minister is seeking UK assistance to develop financial centers, aiming to enhance the country’s financial infrastructure and attract investment. Discussions took place during a visit to London, focusing on knowledge exchange and best practices to bolster the financial sector.
Vietnam’s Deputy Prime Minister, Nguyen Hoa Binh, is actively seeking assistance from the United Kingdom in the development of financial centers within Vietnam. This initiative reflects Vietnam’s commitment to enhancing its financial infrastructure, thereby increasing its attractiveness to investors and promoting economic growth. The collaboration with the UK aims to leverage the latter’s expertise in global finance and regulatory frameworks.
During his visit to London on March 16, 2023, Deputy PM Binh engaged with the Vietnamese Intellectual Society in the UK and Ireland, discussing potential areas of collaboration. The discussions centered on adopting best practices and innovative strategies from the UK’s financial sector to strengthen Vietnam’s own. This partnership is intended to facilitate the exchange of knowledge and experiences to aid Vietnam’s financial development.
The Deputy Prime Minister expressed confidence in the UK’s financial expertise and its potential to significantly contribute to Vietnam’s goals. The establishment of modern financial centers is seen as vital for fostering economic resilience and competitiveness in the international market. Vietnam aims to position itself as a key player in the regional financial landscape, and this partnership is a strategic step towards achieving that ambition.
In summary, Vietnam is making concerted efforts to enhance its financial infrastructure with the help of the United Kingdom. The direct engagement by Deputy Prime Minister Nguyen Hoa Binh underscores the importance of international collaboration in achieving financial modernization. By leveraging the UK’s expertise, Vietnam seeks to develop robust financial centers that will elevate its economic status within the region.
Original Source: en.vietnamplus.vn
