Vietnamese Ao Dai Shines at the Southeast Asian Cultural Festival in London
	Strengthening Financial and Business Relations Between Vietnam and the UK

Minister of Finance Nguyen Van Thang meets with UK Prime Minister’s Trade Envoy Matt Western.

During the meeting, the two sides exchanged views on bilateral cooperation. Minister Nguyen Van Thang affirmed that the UK is an important strategic partner of Vietnam, particularly as economic, trade, and investment relations between the two countries continue to follow a positive growth trajectory.

The Minister emphasized that free trade agreements such as the UK-Vietnam Free Trade Agreement (UKVFTA) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) have expanded opportunities for cooperation between businesses of both countries.

In the field of customs, the two sides are in the process of advancing procedures for the signing of a government-level agreement on Cooperation and Mutual Administrative Assistance in Customs Matters. In terms of investment cooperation, the UK currently has 606 valid projects in Vietnam with a total registered capital of USD 4.65 billion, ranking 15th among 152 countries and territories investing in Vietnam. The Minister affirmed that Vietnam will continue to improve its investment environment, creating favorable conditions for foreign businesses, including those from the UK.

The year 2025 marks the 15th anniversary of the Vietnam-UK Strategic Partnership (2010-2025). On this occasion, Minister Nguyen Van Thang expressed his desire to elevate the relationship to a Comprehensive Strategic Partnership, thereby opening a framework for broader, deeper, and more sustainable cooperation across multiple fields.

Minister of Finance Nguyen Van Thang and UK Prime Minister’s Trade Envoy Matt Western.

UK Prime Minister’s Trade Envoy Matt Western expressed his delight at the strong development of economic, trade, and investment relations between the two countries. He also commended Vietnam’s efforts in institutional reform, financial market development, and international integration. He affirmed that the UK stands ready to share experience, provide technical support, and work closely with Vietnamese authorities to build an International Financial Center in Vietnam and to advance the upgrading of Vietnam’s stock market classification. These efforts, he noted, will help facilitate international capital flows and strengthen global investor confidence.

Concluding the meeting, Minister of Finance Nguyen Van Thang expressed his confidence that the discussions would serve as an important foundation for expanding bilateral cooperation, contributing positively to the socio-economic development of both nations.

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