time to develop the two countries’ strategic partnership.
At a seminar to promote cooperation between Vietnam and the UK, held in
Hanoi on September 10, the UK’s Deputy Ambassador in Vietnam, Kate
Harrison, said that the joint agreement on establishing a strategic
partnership signed on September 8 would create the ideal conditions for
the two nations to lift bilateral ties.
Harrison
also praised the positive changes underway in trade and investment
environment between Vietnam and the UK, as the business community is
cooperating in important fields such as telecommunications, energy, real
estate and information technology.
It is one of the best ways to promote two-way trade as well as the frequency of investment and trade, said Harrison.
According to the chairman of the Vietnam-UK Friendship Association,
Hoang Van Dung, ties between Vietnam and the UK are increasingly
thriving in many areas. Since 1990, the value of trade between the two
countries has increased rapidly, with Vietnamese exports to the UK
rising by 17 percent per year.
In investment, since
2009, the UK has started up 120 projects in Vietnam with a total
registered capital of 1.44 billion USD. In the first eight months of
this year, with 10 projects in Vietnam worth 53.4 million USD, the UK
ranks 15 th out of the 47 countries and territories that invest in
Vietnam.
Some companies are performing exceptionally
well in Vietnam such as Rolls-Royce, Vodafone, HSBC and the Prudential
insurance company.
In addition to investment and
trade, education is also a field in which both countries cooperate well.
At present, almost 6,000 Vietnamese students are studying at colleges
or universities in the UK./.