Forum discuses Vietnam-UK trade, investment, climate change response cooperation
A Vietnam – UK economy and trade forum took place in Hanoi on October 21, discussing the nations’ economic, trade and investment ties as well as the issues of climate change and low-carbon economy.
The event was co-organised by the Vietnam National University, Hanoi – University of Economics and Business (VNU-UEB), the Ministry of Natural Resources and Environment’s Department of Climate Change, and the Center for International Forestry Research (CIFOR) and World Agroforestry (ICRAF).
According to VNU-UEB Rector Nguyen Truc Le, the forum aimed at connecting Vietnamese and UK partners in trade, services and investment, and at promoting the sides’ bilateral cooperation in education, training, and science-technology.
Presentations at the forum focused on some key features of the UK-Vietnam Free Trade Agreement (UKVFTA); the impact of the COVID-19 pandemic on bilateral trade; policies to reduce greenhouse gas emissions towards a low-carbon economy in Vietnam; and the potential, opportunities, and challenges for the development of a forest carbon market, among other matters.
The event also opened up new collaboration in research between universities under the Vietnam National University, Hanoi, and research agencies, development organizations, and state management agencies of Vietnam and the UK. Such collaboration will contribute to solving major issues of sustainable socio-economic growth and climate change response of the sides involved.
At the forum, the VNU-UEB introduced its publication on the Vietnam – UK economic and commercial relations toward a low-carbon economy and sustainable development.