7:32 PM, 05/10/2009

VN, UK target US $3 bil. trade turnover, expects Gov’t chief

VGP – The Vietnamese Government chief suggested that Việt Nam and the United Kingdom should cement and deepen investment activities in key areas, such as petroleum, financial banking, telecom, and real estates for a two-way trade turnover of US $3 billion in the coming time.

PM Nguyễn Tấn Dũng receives Prince Andrew, Duke of York of the United Kingdom of Great Britain and Northern Ireland, Hà Nội, October 5, 2009 – Photo: VGP

The Vietnamese Government always creates favorable conditions for foreign investors, pledging to pursue the administrative reform nationwide for better business environment in Việt Nam, said PM Nguyễn Tấn Dũng at a reception given to Prince Andrew, Duke of York of the United Kingdom of Great Britain and Northern Ireland.

Both the host and the guest expressed their pleasure at the comprehensive progress in the bilateral ties in line with the Joint Declaration agreed by the two PMs in March 2008.

Besides key areas, such as petroleum, financial banking, telecom, and real estates, Việt Nam seeks for further cooperation with the UK in education and training, especially training PhDs, the host leader noted.

According to Prince Andrew, the British business community is extremely interested in Việt Nam’s market.

The Prince also stressed his support to Việt Nam and promised to propose the European Union (EU) remove anti-dumping tax on made-in-Việt Nam footwear in the European market.

Both PM Nguyễn Tấn Dũng and Prince Andrew acknowledged the necessity to shake hands in coping with climate change and launching direct air route from London to Hà Nội for better ties in tourism, trade and investment.

By Khánh Phương

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