Vietnam encourages British investments in finance and energy transition

Hanoi (VNA) – Vietnamese Foreign Minister Bui Thanh Son called on British companies, including Scottish companies, to invest in the country in its areas of strength and in line with the socio-economic development priorities of the Indochina nation, such as finance, science and research. Technology, innovation, green transition and energy.

When receiving Scotland’s Secretary of State for Great Britain and Northern Ireland, Alistair Jack, in Hanoi the previous day, the senior Vietnamese official suggested that the two sides continue to increase the exchange of high-level delegations, especially on the occasion of the 30th anniversary of Independence Day. Celebrating the fiftieth anniversary of the establishment of bilateral diplomatic relations.

He congratulated the United Kingdom on officially joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), and expressed appreciation for London’s role in promoting the building of a fair partnership framework for the energy transition between Vietnam and international partners.

He requested that the UK continue to support Vietnam in institutional and policy development, staff training and technology transfer in the process of green transformation and sustainable development.

At the same time, he proposed strengthening cooperation in the field of education, including cooperation in joint training with Scottish universities.

Vietnam’s Foreign Minister, Bui Thanh Son, receives Scottish Secretary of State for Great Britain and Northern Ireland, Alastair Jack (Photo: VNA)

For his part, Alistair Jack agreed with Bui Thanh Son’s proposals on strengthening cooperation in areas such as science and technology, education and training, local cooperation, and ecological and smart agriculture.

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He stressed that the United Kingdom will continue to accompany and support Vietnam in responding to climate change and developing renewable energy and green finance.

Regarding the East Sea issue, the two sides agreed that ensuring security and freedom of navigation and overflight in these waters plays an important role in achieving peace and prosperous development in the region and the world.

They ratified the necessity of resolving all disputes peacefully and through dialogue, on the basis of adherence to international law, especially the United Nations Convention on the Law of the Sea (UNCLOS) of 1982./.

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