HN boosts investment & tourism promotion in London

25/10/2019

VGP – Representatives of the Ha Noi Planning and Investment Department briefed investors in London about the city’s master development scheme and satellite urban areas. 

 
Illustration photo

The local authorities of Ha Noi and the Vietnamese Embassy in the UK jointly held a seminar on investment, trade, and tourism promotion in London on early this week. 

Vice Chairman of the Ha Noi municipal People’s Committee Ngo Van Quy stressed that Ha Noi prioritizes modern urban infrastructure development, smart urban areas, water supply and sewage treatment systems, IT service, biotechnology, tourism, education and training, healthcare, logistics, finance, R&D, and technological center.  

Mr. Quy said that the local authorities are determined to reforming administrative procedures; standing by enterprises to perfect the investment environment and resolving difficulties for foreign investors. 

More British investors are interested in pouring their capital into the Vietnamese market, especially in education, pharmaceuticals and production, Peter Rimmer, Executive Director of the British Business Group in Viet Nam, told Viet Nam News Agency correspondents in London.

At the seminar, the two sides’ enterprises signed four Memoranda of Understanding on cooperation in high biotech, training institutions in agricultural science and biotech, logistics, healthcare and pharmaceuticals.

The relationship between Viet Nam and the UK in general and between Ha Noi and the UK in particular has recorded fruitful development in recent years.

The UK has so far operated 80 valid projects worth over US$ 423 million in Viet Nam in the fields of real estate, communications, education and healthcare.

Viet Nam welcomes about 198,000 British tourists per year. Meanwhile cooperation in education and training, culture and art exchange between the two nations has also developed./.

By Kim Loan