London (VNA) - Vietnamese businesses in the UK donated over 2 billion VND (more than 87,800 USD) to support COVID-19 prevention and control efforts in Vietnam at a ceremony marking the 15th anniversary of the Vietnam Business Associationin the UK (VBUK).
At the ceremony held on September 15 in London, Vietnamese Ambassador to the UK Nguyen Hoang Long calledon the VBUK to maintain its role as a bridge between the business community inthe UK and Vietnam.
He said that bilateral trade between Vietnamand the UK has increased about 10 times from 600-700 million USD in 2007 to6.5 billion USD in 2021, and is expected to reach 10 billion USD thanks tothe implementation of the UKVFTA.
The Ambassador emphasized that this is a great opportunity that Vietnamesebusinesses in general and Vietnamese businesses in the UK in particular needto take advantage of.
Pham Minh Nam, chairman of VBUK in the just-concluded tenure, said that the association successfully connected the business communities of the UK and Vietnam, and assisted many European and UK companies in setting up partnerships with Vietnamese firms.
At the ceremony held on September 15 in London, Vietnamese Ambassador to the UK Nguyen Hoang Long calledon the VBUK to maintain its role as a bridge between the business community inthe UK and Vietnam.
He said that bilateral trade between Vietnamand the UK has increased about 10 times from 600-700 million USD in 2007 to6.5 billion USD in 2021, and is expected to reach 10 billion USD thanks tothe implementation of the UKVFTA.
The Ambassador emphasized that this is a great opportunity that Vietnamesebusinesses in general and Vietnamese businesses in the UK in particular needto take advantage of.
Pham Minh Nam, chairman of VBUK in the just-concluded tenure, said that the association successfully connected the business communities of the UK and Vietnam, and assisted many European and UK companies in setting up partnerships with Vietnamese firms.
The VBUK also actively work to help Vietnamese expatriates in the UK to keep and develop the traditional culture through various community activities.
Assessing the potential for cooperation between domestic andVietnamese enterprises in the UK, Phuong Hoang, Chairman of VBUK for the2021-2026 term said that the implementation of UKVFTA with preferentialtariffs has opened up great opportunities for Vietnamese businesses in thetwo countries to promote trade, increase import-export activities and investment./.
Assessing the potential for cooperation between domestic andVietnamese enterprises in the UK, Phuong Hoang, Chairman of VBUK for the2021-2026 term said that the implementation of UKVFTA with preferentialtariffs has opened up great opportunities for Vietnamese businesses in thetwo countries to promote trade, increase import-export activities and investment./.
VNA