Vice Chairman of the municipal People’s Committee Nguyen The Hung made the statement while holding a reception for Charge d’Affaires at the British Embassy Steph Lysaght on June 21 to discuss the festival.
The British diplomat hoped that the festival will be held at the pedestrian area around Hoan Kiem (Sword) Lake with various activities like an exhibition area for businesses, a fashion show and art performances.
Notably, the London symphony orchestra will perform at the event.
Vietnam and the UK have enjoyed fruitful ties in the past 45 years, especially in the fields of trade, investment and tourism.
The UK is the second biggest European investor in Vietnam, after the Netherlands, with 267 foreign direct investment projects worth 3.75 billion USD and the third largest trade partner of Vietnam in Europe, after Germany and the Netherlands. Two-way trade grew rapidly to reach 5.7 billion USD in 2017.
As of April 2018, both sides enjoyed more than 2 billion USD in two-way trade, 1.75 billion USD of which from Vietnamese exports.