Vietnam and the United Kingdom sign multi-million dollar agreements

The signing of the documents was witnessed by the Vietnamese Prime Minister, Pham Minh Chin, who is on a working visit to that European country and will participate in the 26th United Nations Conference on Climate Change, based in the Scottish city of Glasgow.

Among the treaties, one worth $300 million was signed by the Vietnamese HDBank and the Affinity Investment Fund to implement a program for sustainable development and adaptation to this phenomenon on a global scale.

Another is a letter of intent for forestry sector funding to join the coalition focused on reducing greenhouse gas emissions.

Meanwhile, VietJet Aviation and Rolls-Royce Group have signed an agreement in which they will provide the Vietnamese company with engines and services worth $400 million.

Other agreements relate to cooperation in the areas of agriculture, energy, health, technology transfer in land management, education, human resource training and environmental protection.

Among the ten members of the Association of Southeast Asian Nations, Vietnam is the UK’s second largest trading partner, absorbing 3.1% of its exports. In contrast, the European nation is Hanoi’s third largest trading partner on the Old Continent.

After the United Kingdom, Prime Minister Minh Chen will pay an official visit to France, another important partner of the Indochina nation, from November 3-5.

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