UK firms eye Vietnamese market
Secretary of State for Business, Innovation and Skills Vince Cable and Foreign Secretary William Hague of the UK on December 7 launched a campaign to encourage British businesses to look for investment opportunities in emerging Asian markets, including Vietnam.
The campaign is scheduled to be conducted between February 2012 and March 2013 by the UK Trade and Investment (UKTI).
As part of the project, UKTI will join hands with the Royal Bank of Scotland (RBS) to deliver a series of programmes with the aim of introducing investment opportunities to UK businesses in 12 key markets in Asia, including Vietnam, China, Hong Kong, India, Indonesia, Japan, Malaysia, the Philippines, Singapore, the Republic of Korea, Taiwan and Thailand.
Vince Cable said that UK firms are successful in many Asian markets, urging companies from all sectors to get involved in this campaign.
Foreign Secretary William Hague said that the country’s businesses should target these markets, and that the UK government always supports their efforts.
A workshop themed “Discovering Asia- a world of opportunities for UK enterprises” will be held by UKTI in London in February, 2012.
In addition, RBS will host four events in different UK localities in order to present potential of Asian markets to small and medium-sized enterprises (SMEs) of the UK.
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