London Lord Mayor desires further links with Vietnam

Published: 25/09/2012 01:53

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The Lord Mayor of the City of London, Alderman David Wootton, has said he hopes business links will add to the UK and Vietnam’s ambitions of increasing two-way trade to US$4 billion by 2013.

Speaking on September 24 at a roundtable discussion in Hanoi with the Vietnamese Ministry of Planning and Investment (MPI) on Public-Private Partnership (PPP) legal frameworks, Mayor Wootton said London aims to build a strong strategic business partnership with Vietnam and share experiences in infrastructure, finance, law and other services.

He also proposed that both sides continue negotiations to extend cooperation agreements that will expire in 2013, in order to lay a firm foundation for strengthening business cooperation.

MPI Minister Bui Quang Vinh said the UK is one of the major providers of ODA for Vietnam. He also said the country is now calling for investment resources to build infrastructure for public services.

Therefore, Vietnam hopes to boost PPP cooperation and wants the UK to share experiences in improving PPP models for infrastructure projects.

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Provide by Vietnam Travel

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