PM Nguyễn Tấn Dũng and Prince Andrew - Photo: VGP

The comprehensive, stable and long-lasting Việt Nam-UK partnership for development was agreed by PM Nguyễn Tấn Dũng and his British counterpart Gordon Brown during the former’s UK tour in March 2008.

With the two-way trade of nearly US $2 billion in 2007, Việt Nam and the UK have many potentialities and advantages for economic cooperation in the time to come. PM Dũng stated that Việt Nam wants to expand its cooperation with the UK in such fields as finance, banking, insurance and petroleum. He also asked the UK Government to increase scholarship given to Vietnamese students as well as assist Việt Nam to train English teachers.

Prince Andrew appreciated Việt Nam’s socio-economic achievements which, he believed, would help consolidate the confidence of foreign investors, including those from the UK. The guest affirmed that the UK Government always encourages and give best conditions to enterprises of the two countries to boost up cooperation for mutual benefits.

State Bank of Việt Nam Governor Nguyễn Văn Giàu presents licenses representatives of HSBC (left) and Standard Chartered (right) to found their own 100% foreign-invested banks in Việt Nam - Photo: VGP

Right after the reception, PM Dũng and Prince Andrew witnessed the ceremony of granting licenses to the UK’s HSBC and Standard Chartered Bank to establish their 100% foreign-capital banks in Việt Nam.

By Nguyên Hồ