Vietnam a bright spot for UK investors: Ambassador
Vietnam is still a bright spot for foreign businesses, Ambassador to the UK Nguyen Hoang Long has affirmed with representatives of British business circle
London (VNA) - Vietnam is still a bright spot for foreign businesses, Ambassador to the UK Nguyen Hoang Long has affirmed with representatives of British business circle
At a seminar on September 1, the diplomat also briefed the participants on the currentsituation of the Covid-19 pandemic in Vietnam and its impacts the economy.
He also presented the highlights of the Vietnam-UK strategicrelationship, especially the positive impacts on trade and investment broughtby the Free Trade Agreement between the two countries on bilateral relations,and Vietnam's role in the global supply chain.
On this occasion, the ambassador called on businesses, investors andindividuals to share and help Vietnam with medical equipment, medicines andvaccines to deal with the pandemic in the current difficult period.
He expressed his believe that Vietnam will quickly control the pandemic, further boostinginvestors' confidence in the market.
Participants appreciated theinformation provided and said they look forward to updates in thefuture to further promote relations between the two countries, especially inthe fields of trade, investment, education and tourism./.
Vietnamese Prime Minister Pham Minh Chinh's intervention at the United Nations Security Council High-level Open Debate on “Enhancing Maritime Security - A Case for International Cooperation” is very important, according to Mr. James Rogers, Co-founder and Director of Research at the UK's Council on Geostrategy.
Since the normalisation of bilateral relations in 1995, economic and trade ties between Vietnam and the US have seen great progress, with two-way trade hitting an all-time high of 90.8 billion USD in 2020, up 19.8 percent year-on-year, despite serious impacts of the COVID-19 pandemic.
The 45-year ties between Vietnam and Thailand were highlighted at an online conference jointly held by the Vietnamese Embassy in Bangkok, the Thai Embassy in Hanoi and the Vietnam Diplomatic Academy on August 26.
Ministers from 11 member countries of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) agreed to schedule an online meeting on September 1 to discuss the UK application to join the deal.
The PathetLao Daily on September 1 published on the front page an editorial hailing Vietnam's achievements and the Laos-Vietnam relationship on the occasion of Vietnam's National Day (September 2).
Participants at a ministerial-level talks of the 11-member Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) on September 1 agreed to set up a subcommittee on e-commerce toward boosting trade through digitalisation.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
Illustrative image. (Photo: VNA) 
