Encouraging UK Businesses to Invest in Vietnam

Encouraging UK Businesses to Invest in Vietnam

On January 17, Deputy Prime Minister Trinh Dinh Dung met with Marquis James Mayer Sassoon, Managing Director of Jardine Matheson (UK)

Investment in Vietnam - The UK is currently the second largest European investor (behind the Netherlands) with 267 FDI projects with a total registered capital of $ 3.75 billion and Vietnam's third largest trading partner after Germany and the Netherlands). Two-way trade turnover between Vietnam and the United Kingdom has grown rapidly over the past years, reached $ 5.7 billion in 2017.

The Deputy Prime Minister said that the current investment of the UK businesses in Vietnam as well as two-way trade turnover is still low compared to the potential and desire of the two countries. He hopes that businesses now investing in Vietnam will become important bridges connecting British businesses to Vietnam, fostering a positive, pro-active strategic partnership for both countries.

He affirmed that the Government of Vietnam is implementing policies to stabilize the macro-economy, control inflation, speed up the growth, promote the private sector, improve the institution, build a fair business environment for investors.

James Mayer Sassoon appreciates the policies of improving the investment environment, facilitate the business that Vietnam has been carried out in the past years. These policies, along with a strong commitment by the government to facilitate production and business, have helped foreign investors to expand their long-term investment in Vietnam. ).


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