Lord Mayor of the City of London, Michael Bear, was recently in Vietnam, where Vietnamese Prime Minister Nguyen Tan Dung expressed his pleasure in the two countries’ relationship. Vietnam is very focused on strengthening cooperation with UK enterprises as they learn from the UK market economy.
UK and Vietnam
The UK Enterprises Delegation met with the Ministry of Planning and Investment to discuss implementing public-private projects. The Vietnamese are hoping that the Mayor will help with the creation of a new financial and commercial center in Hanoi. Vietnam plans to help the UK to invest in aviation, petroleum and banking.
UK Pledging Support
Mayor Michael Bear thanked the Prime Minister for the warm reception and pledged that the British businesses would stay involved in Vietnam’s programs. The Mayor also attended a round table conference to help in Hanoi’s development of new trade and of the financial center.
The UK is using the development of the new trade and financial center in Hanoi as part of the double bilateral trade that they are developing between the two countries.