Vietnam seeks UK support for financial hub development

Vietnam has sought UK support in training personnel for its planned financial centres in HCM City and Da Nang, Deputy Prime Minister Nguyen Hoa Binh said during a meeting with UK Ambassador Iain Frew in Hanoi. Bình emphasised Vietnam’s commitment to strengthening strategic ties with the UK and proposed high-level exchanges, including visits in 2025 for the 15th anniversary of the partnership. Bilateral trade grew 18% to over USD8bn in 2024. Bình urged the UK to open its market further to Vietnamese products and encourage investment in Vietnam’s financial hubs, green energy, and high-tech sectors. The UK expressed readiness to share expertise, with British firms already engaged in Vietnam’s financial market.