According to Phan Van Mai, Chairman of the Ho Chi Minh City People’s Committee, Vietnam-UK relations are continuously strengthening and developing bilaterally and multilaterally. In particular, after the relationship was officially upgraded to a strategic partnership in 2010, a number of important cooperation frameworks and mechanisms have been opened.
Two-way trade has grown rapidly over the past five decades of the development of diplomatic relations; Bright spots in economic cooperation include the Vietnam-UK Free Trade Agreement being signed in 2020 and the UK joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) in July this year, the last round. After the talks. Vietnam.
Phan Van Mai, Chairman of the Ho Chi Minh City People’s Committee, shakes hands with Emily Hamblin, British Consul General in Ho Chi Minh City, at the ceremony
These agreements create momentum for bilateral trade to reach US$6.8 billion by 2022, making the UK Vietnam’s 3rd largest trading partner in Europe and Vietnam’s 9th largest export market. Vietnam in the world.
The remarkable development of Vietnam-UK relations over the past half century is reflected not only in the positive figures of trade, investment and bustling delegation exchanges, but also in the friendly relations between the peoples of the two countries and other important areas of cooperation. In the form of education.
According to Mr. Phan Van Mai, Ho Chi Minh City and England have made many achievements in their cooperative relations
In that context, as the country’s economic engine, Ho Chi Minh City and the UK have made many achievements in their cooperative relations.
As of July 2023, the UK ranked 11th out of 120 countries and territories investing in Ho Chi Minh City, with 273 projects and total investment capital of approximately USD 960 million.
The British Government has also supported training to improve the capacity of the city’s civil servants, supported the implementation of the Global Future City programme, and enhanced cultural exchange activities…
Ho Chi Minh City’s growing economy with open and forward looking policies, young and dynamic population, low labor costs and high skills serves as a gateway for British businesses to invest, exploit the market or expand business across the region. Can work in. The UK can provide cutting-edge technology, expertise and products to support the development of TPs in a variety of sectors.
Ms. Emily Hamblin spoke at the festival
In response, Ms Emily Hamblin, British Consul General in Ho Chi Minh City, expressed confidence that the UK-Vietnam relationship is in an improved stage of development, reaffirming that the UK remains a reliable partner for Vietnam. In general and Ho Chi Minh City in particular.
The UK is pleased to collaborate closely with Ho Chi Minh City in its efforts to make the city a financial services hub, apply technology to the creation and development of smart cities, and establish an Innovation Centre. Economics, educational cooperation…
Some more pictures from the celebration: