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UK wants to raise trade ties with Vietnam
The United Kingdom considers Vietnam a potential emerging economy and a key trade partner in the context of the global economic slowdown, says Consul General in HCM City Douglas Branes.
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| Representatives of UK companies at a Vietnam-UK business forum in Hanoi in November 2011 |
Branes said during his new working term he will continue developing relations with local and central administrations, establishing links between UK and Vietnamese businesses, and promoting the public-private partnership network in Hanoi and HCM City.
In an interview granted to Vietnam Investment Review, Branes, who is also director of the UK Trade and Investment (UKTI) in Vietnam, said top priority will be given to raising two-way trade between the UK and Vietnam to US$4 billion and UK investment in Vietnam to US$3 billion in 2013.
To do this, he said he will oversee the increase in trade and investment between the two countries, and encourages UK companies to explore Vietnam as a potential market with numerous business opportunities.
According to the diplomat, in addition to education, there is plenty of opportunity for UK businesses to invest in oil & gas, agriculture, construction, financial services, and information technology.
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