In his speech, Binh highlighted the pivotal role of international businesses, particularly those from the UK, in Vietnam’s economic growth. Despite global supply chain shifts, he said Vietnam remains an attractive investment destination, with registered FDI exceeding US$38 billion in 2024.

Vietnam will continue prioritizing key sectors such as high technology and innovation, fintech and the digital economy, as well as green growth and sustainable development, Binh stressed. The country is also actively resolving regulatory hurdles and creating favorable conditions for FDI firms and foreign investors, particularly in offshore wind and solar energy projects.

Former UK Prime Minister Tony Blair, Chairman of the Tony Blair Institute (TBI), shared an optimistic outlook on Vietnam’s development potential. He noted that Vietnam possesses not only abundant resources but also a clear development vision and strong government reform efforts. Blair underscored the transformative impact of technology and reaffirmed TBI’s collaboration with Vietnam in establishing an international financial center, while promoting renewable energy, and driving technological innovation.

FDI firms at the roundtable showed their keen interest in partnering with Vietnam, particularly in green infrastructure development. International financial institutions, such as Standard Chartered Bank, praised Vietnam’s commitment to energy transition and climate action, pledging support for sustainable financing and initiatives like the Just Energy Transition Partnership (JETP). The business community also welcomed the government’s efforts to streamline its government apparatus.

UK energy firm acquires Harbour Energy’s Vietnam operations

British energy company EnQuest announced on January 22 its acquisition of Harbour Energy’s operations in Vietnam as part of its strategy to expand internationally.