Crowds of UK investors gathered at a workshop organised by the UK-ASEAN Business Council (UKABC) on March 3 in London to examine investment opportunities in the Vietnamese market.

The event forms part of activities for the Vietnam-UK Joint Economic and Trade Commission (JETCO)’s eighth session held in the city on March 2.

The workshop in London. Photo: Vietnam+

During the event, Vietnamese Deputy Minister of Industry and Trade Ho Thi Kim Thoa highlighted Vietnam’s investment potential, saying that the country is undertaking efforts to restructure its economy and improve its legal system and business climate to facilitate foreign investment.

She affirmed that Vietnam is a responsible partner and has joined numerous bilateral and multilateral agreements to that effect.

Thoa expressed her hope that the forum will present opportunities for UK investors to enter Vietnam, contributing to bringing the two nations’ trade ties to new heights.

Lord David Terence Puttnam, the UK Prime Minister's Trade Envoy to Vietnam, Cambodia, Laos, and Myanmar, stressed the need for local firms to actively build mutual trust with Vietnamese partners to create opportunities in the potential market.

The UK is now one of Vietnam’s leading economic partners in the European Union, ranking 16th out of 101 nations and territories investing in the country.

Source: VNA