PM assures UK businesses of market economy

Prime Minister Nguyen Tan Dung has affirmed that Vietnam is a market economy in which the State management and investors’ interests are in harmony.

The PM made the affirmation at his reception for representatives of 14 leading groups of the UK, including BP, Dragon Capital, Rolls-Royce, Prudential and HSBC and UK Ambassador to Vietnam Mark Kent in Hanoi on January 8.

“The Vietnamese government will do its best to help British businesspeople reap sweet fruits from their investment,” PM Dung emphasised.

He said he was pleased with the cooperation between Vietnam and the UK with two-way trade reaching approximately US $2 billion, with the UK ranking third among European Union investors in Vietnam.

“Your presence in Vietnam is a specific demonstration of the potential for cooperation between the two countries,” PM Dung told the business representatives.

British businesses highly value the strong growth of Vietnam's economy and have committed themselves to long term investment in the country.

They said they hope to continue getting strong backing from the Vietnamese government to facilitate their investment projects in the country.
UK Ambassador to Vietnam Mark Kent also said Vietnam is one of the 16 markets of particular interest to the UK and expressed hopes that the PM would visit his country soon.
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