In an interview granted to the Vietnam News Agency, the diplomat highlighted the significance of the trip, the first by a Party General Secretary of Vietnam to the U.K. in 13 years, stressing that one of the most significant things in the visit will be a high-level political dialogue between the two nations’ leaders.
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U.K. Ambassador to Vietnam Iain Frew |
"A partnership between the two countries, and the trust and dialogue that is built at the highest level will help underpin advancing shared interests, whether that is in an open and free trading system, whether that is in ensuring peace and security globally and tackling the most difficult global issues," he stressed.
This visit will help strengthen and clearly demonstrate the practical cooperation between the two sides, he said, adding the partnership is going to come out in a number of different areas, including economic and technological cooperation, financial sector, skills and training - education, green transformation, global cooperation.
The two countries are really going to build on that story of their economic development, he said, noting that Vietnam is now moving into a new era of development. He stated that "as it does so, the U.K. wants to be a close and important partner for that development."
The two sides will continue to enhance economic collaboration, particularly in technology, artificial intelligence (AI), semiconductors, and emerging technologies, key factors for Vietnam’s next phase of development.
He stated that financial services and professional legal services are a strength of the U.K.'s economy traditionally, affirming that the U.K. stands ready to share its experience and expertise, and support Vietnam in this area, especially as Vietnam is establishing an international financial center in Ho Chi Minh City and in Da Nang.
As the financial sector grows and flourishes, it provides products and services to consumers but it also supports finance flowing in the rest of the economy to support sustainable development in Vietnam, he noted.
During the Vietnamese Party leader’s visit, skills, training and education will remain "the heart of the partnership," the diplomat said, stressing that Vietnam’s next generation acquires the skills needed for the future economy and strengthens the connections between the two countries.
Collaboration between Vietnam and the U.K. in sustainable energy and green energy transition is expected to be significantly accelerated by this visit, he said, showing his belief that discussions in London will demonstrate how this ambition will be translated into concrete actions to support both countries through their transition.
Finally, regarding global cooperation, the two countries share many common interests, from upholding an international rules-based system to ensuring free trade and safe, stable supply chains, he stated, adding that the visit will point the direction for Vietnam and the U.K. to cooperate more deeply in the future.
Regarding recent milestones in the Vietnam - U.K. relations, in the context of the 15th founding anniversary of their Strategic Partnership, the ambassador noted that the two sides have continuously worked together to further deepen their relationship across wide range of areas.
He expressed his delight and admiration for the progress achieved in trade, education, finance, security cooperation, and climate action.
According to the diplomat, the two-way trade has almost tripled over the past decade, exceeding 9 billion GBP (11.98 billion USD) annually. This growth has been driven by the free trade agreement between the two countries. With Vietnam's support, the U.K. joined the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) last year, and this has "really underpinned U.K. companies, businesses, and individuals benefiting from increased trade between the two nations."
The two countries have also witnessed impressive education cooperation. Over the past 15 years, over 75,000 Vietnamese students studied in the U.K., and every year there are 12,000 Vietnamese studying in the U.K. now. The diplomat said that this helps build bridges between the two countries, as individuals who have studied and lived in the U.K. are now contributing to society and further strengthening the ties between the nations.
The ambassador also mentioned important accomplishments in cooperation on climate adaptation and green transition; and defense and security.
Following Vietnam’s historic commitment at COP26 in 2021 to achieve net-zero emissions by 2050, the two countries are cooperating closely through the Just Energy Transition Partnership (JETP). Recently, a U.K. energy delegation visited Vietnam to support the development of offshore wind power, an area in which the U.K. has extensive practical experience.
In defense and security cooperation, the U.K. has supported Vietnam’s path toward international integration, especially in U.N. peacekeeping operations, contributing to security in the region and the world.
The diplomat said "Vietnam's story of development is one of the most impressive globally." He noted that the Southeast Asian nation is now in a "very strong position," with solid fundamentals including a young, well-educated population, a strategic location, skilled workforce, a growing manufacturing sector, deep integration into global supply chains, and an extensive network of free trade agreements that are crucial for the country’s future development within the global economy.
He expressed his belief that with partners like the U.K., and by seizing opportunities while navigating global challenges, Vietnam is fully capable of continuing its success and realizing its great aspirations and potential in this new phase of development.
Source: VNA