The collaboration should focus on the exchange of experience in building legal mechanisms, the implementation of a project on building the Ho Chi Minh City financial center, the establishment of an innovation center of Ho Chi Minh City, first in health care, and the research and manufacturing of drugs and medical equipment, Mai told Mark Garnier, the British Prime Minister's Trade Envoy for Vietnam, Thailand, Myanmar, and Brunei.

At the reception

The official stressed that Ho Chi Minh City benefits from good relations between Vietnam and the U.K., and that the city wishes to work together with the U.K. to step up trade activities to soon fulfill the target of raising bilateral trade to 1 billion USD right in 2023 when the two countries celebrate the 50th anniversary of their diplomatic ties.

Ho Chi Minh City will coordinate with the British Consulate General in the city and British partners to implement the agreements, contributing to consolidating and promoting the Vietnam-U.K. relations, he affirmed. 

For his part, Garnier expressed his impression on the dynamism and development potential of Vietnam and its Southern economic center in particular, and pledged to work harder to enhance the trade and investment links between the U.K. and Vietnam and the city as well.

British firms are always interested in and ready to cooperate with Ho Chi Minh City in materializing the plan of building the city into a regional financial center which is competitive globally, he said.

They are also fully aware of Ho Chi Minh City’s potential and demand in health care and drug research, and wish to step up cooperation with the city in this regard, and promised to support the Southern metropolis in development, the envoy continued.

The U.K. is willing to cooperate and assist Ho Chi Minh City in high-quality personnel training in service of banking, financial and medial sectors, thus contributing to fostering the trade and investment ties between the two sides and the two countries at large, he stressed.

Source: VNA