Vietnam, UK discuss post-Brexit trade, investment ties
The second session of the Vietnam-UK Working Group on Trade and Investment Dialogue took place in London from January 14-15, focusing on orientations for cooperation after the UK’s exit from the European Union (Brexit).
Shrimp processing for export - Illustrative image (Source: VNA)
London (VNA) – The second session of the Vietnam-UK Working Groupon Trade and Investment Dialogue took place in London from January 14-15,focusing on orientations for cooperation after the UK’s exit from the EuropeanUnion (Brexit).
Deputy Minister ofIndustry and Trade Tran Quoc Khanh and Vivien Life, Director for Asia andAustralia Negotiations at the UK Department for International Trade, co-chairedthe event.
The two sides gotupdated on the UK’s negotiations on Brexit and compared notes on orientations tomaintain and promote trade and investment ties in the coming time.
Last year, the twocountries celebrated the 45th anniversary of their diplomaticrelations. Two way trade reached a record high in 2017 at 6.2 billion USD, and reached3.12 billion USD in the first half of the year, or a year-on-year rise of 14.2percent. As of August 20 last year, the UK had 341 valid investment projectstotaling 3.57 billion USD in Vietnam.
At present, many big names in the UK are runningsuccessful business in the Southeast Asia country such as Jardine Matheson,Dragon Capital, Standard Chartered Bank, HSBC Vietnam, Prudential, andRolls-Royce.-VNA
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Shrimp processing for export - Illustrative image (Source: VNA) 
