Vietnam, UK strengthen cooperation in finance, banking

Vietnam hopes to receive further cooperation and experience from the UK in such fields as finance, banking, the building of financial centres in Hanoi and Ho Chi Minh City, as well as personnel training for finance and banking sector.

Prime Minister Nguyen Tan Dung made the remarks while meeting with visiting Lord Mayor of the City of London Alderman David Wootton in Hanoi on September 24.

Mr Dung praised the outcome of working sessions between Wootton and Vietnamese agencies during his visit, saying that the visit will contribute to strengthening multifaceted cooperation between the two countries, especially in areas of finance, securities, banking and insurance.

Wootton said his visit aims to further promote the cooperation between the two countries in finance and banking. The accompanying UK businesses have special interest in the Vietnamese market and consider it an attractive investment destination, he said.

The Mayor praised Vietnam’s flexible response to the global economic recession and its effective and synchronic policies in managing the macro economy, finance and currency as well as controlling inflation. This has created favourable conditions for and increased trust of foreign investors, he added.


Wootton affirmed that the UK hopes to further cooperate with Vietnam in areas of audit, securities and public-private cooperation.

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