Visit to Vietnam of the British Prime Minister

 British Prime Minister Mr. David Cameron visited Vietnam in two days 29 – 30th July 2015, promoting British companies to seek business venture in Vietnam.

Mr Cameron visit Vietnam to discuss measures and orientations to further deepen the strategic partnership between UK and Vietnam, which was established since 2010. Among the Southeast Asian countries that the British Prime Minister visits this time, Vietnam is the only country that Mr. Cameroon visits both two big cities Hanoi and Ho Chi Minh City.

British Prime Minister, Vietnam Prime Minister, General Director of Vietnam Airlines Mr. Pham Ngoc Minh and President of Rolls-Royce Mr. Tony Wood come to visit the Airbus 350 at Noi Bai International Airport. The two Prime Ministers witnessed the signing of cooperation agreement between Vietnam Airlines and Rolls Royce Group for aircraft engine maintenance according to flight times for 14 A350 XWB aircrafts, worth 340 million pounds.

Prime Minister Mr. Nguyen Tan Dung affirmed that the UK is an important and leading economic partner of Vietnam in Europe and worldwide. The two sides agreed that economic, trade and investment cooperation is the priority pillar in bilateral relations and promotes sign free trade agreement (FTA) between Vietnam and the EU this year. British Prime Minister Cameron stressed that UK is looking for better ways to promote cooperation with Vietnam, while Vietnam is predicted to become one of the 10 fastest growing economies in the region in the next 10 years. Prime Minister Cameron announced offer preferential loans to Vietnam worth 500 million Pounds to invest in infrastructure. This agreement also creates conditions for British businesses to strengthen operations in Vietnam.

Talking to the Vietnam General Secretary Nguyen Phu Trong, Mr. Cameron insisted that UK considers Vietnam as an important partner in the region and will endeavor to implement their commitments to Vietnam in the priority areas in the spirit of the Joint Declaration the Strategic Partnership between the two countries.

Mr. Cameron also meets leaders of Ho Chi Minh City and attends the business forum.

Mr. Cameron expressed his delight when returning to Vietnam for the first time as Prime Minister. Twenty years ago, he had visited Vietnam as a tourist.

Finding the right business partner in Vietnam is also important. We recommend doing research on the reputation of the company and individual shareholders, corporate or individual, gathering publicly available company information, and performing background checks on key personnel to find potential risks in cooperation. Working with a reliable partner can help achieve economic benefits, saving time and money in business.