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Vietnam and the UK would strengthen cooperation in inexperienced finance, and digitalization of the monetary sector, with the UK’s help in offering the required assets for Vietnam to understand its commitments on the COP26.
Vietnam expects to obtain UK’s help in finalizing authorized frameworks within the subject of banking and finance, in addition to a efficiency analysis system for companies.
Chairman of the Nationwide Meeting Vuong Dinh Hue and the Performing Mayor of the Metropolis of London Peter Estlin. Supply: VNA
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Chairman of the Nationwide Meeting Vuong Dinh Hue expressed his hope throughout a gathering with the Performing Mayor of the Metropolis of London Peter Estlin on June 29 (native time) within the UK’s capital.
On the assembly, Hue highlighted the position of London as one of many world’s largest monetary facilities on this planet, whereas many UK finance-banking establishments similar to Prudential, HSBC, and Commonplace Chartered have been successfully working in Vietnam over time.
On this regard, Hue referred to as for the UK’s help to assist rework Ho Chi Minh Metropolis into a world monetary heart.
“Vietnam needs to be taught expertise from completely different international locations and monetary facilities to undertake the very best practices which are appropriate with the nation’s traits,” Hue mentioned.
On this regard, Hue referred to as for the UK to share its experience within the capital, finance, and financial markets with Vietnam.
Overview of the assembly.
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Performing Mayor Estlin expressed his delight at welcoming Vietnam’s Nationwide Meeting Chairman to London’s monetary district.
He mentioned the UK is keen to cooperate with Vietnam at completely different ranges, because the Southeast Asian nation stays a key associate within the UK-ASEAN relations, expressing his help for the partnership between UK banks and Ho Chi Minh Metropolis in the course of the metropolis’s quest to develop into a monetary hub.
Estlin additionally agreed with Hue’s proposal on cooperation in inexperienced finance, digitalization of the monetary sector, and offering the required assets for Vietnam to understand its commitments on the COP26.
Each side additionally anticipated nearer cooperation between the 2 sides in authorized framework session, credit standing, and bettering liquidity for companies, with the rapid precedence of resuming alternate actions which have been disrupted by the pandemic and boosting bilateral commerce.
Hanoi Instances
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