The Vietnam Prime Minister ‘s trip to the
United Kingdom on October 31, 2021 is a meaningful trip for Vietnam,
especially, during the period when the country’s economy is in the process of
recovering from the pandemic. The Prime Minister’s trip has realized many
important goals with many activities both on multilateral forums and bilateral
contacts, combining meetings with the Vietnamese community and businesses.
Law Firm in Vietnam
With this trip, the Prime Minister participated
in 26 billion-dollar cooperation agreements between Vietnam and the UK. Many
cooperation agreements of leading Vietnamese enterprises with British partners
have just been signed. These cooperation agreements are expected, after being
implemented, to bring many economic advantages as well as further promote the
strategic partnership between the two countries.
Specifically, with the witness of the Prime
Minister, Vietjet Air and Rolls-Royce Group signed an agreement to provide
engines and engine services for the wide-body fleet with a total value of 400
million USD. With this agreement, Vietjet’s aircraft engines will be improved
in terms of the lowest fuel consumption lifecycle and bring the highest
economic efficiency to the aircraft.
In addition, Sovico Group and Oxford University
signed a Memorandum of Understanding to cooperate, finance investment in
research and education development with a total value of £155 million. In
which, the scholarship fund of 7.5 million pounds will be for students in
Vietnam and other countries in the region. This is a potential and very
valuable source of scholarships for Vietnamese students.
At the ceremony, Affinity Investment Fund and
Vietnam’s HDBank also agreed to sign a sponsorship of 300 million USD for the
program of sustainable development and combating climate change. This is a
cooperation of great significance to the environment as well as showing deep
concern for the current state of climate change.
Meanwhile, EMG Education Group signed a
memorandum of understanding on comprehensive educational cooperation with
Pearson Education Group; Vingroup and a representative of Raphael Labs Company
(UK) signed an agreement on cooperation, development, investment, testing and
technology transfer for the production of drugs to prevent Covid-19 and
respiratory diseases. This agreement is expected to help the parties jointly
promote research and find effective vaccine production technologies,
contributing to quickly bringing socio-economic life back to normal.
In addition, T&T Group, a representative of
Hanoi Medical University and a representative of Hipra Group (Spain) awarded an
agreement on cooperation in building a vaccine research center in Vietnam and
training human resources. This cooperation will help Vietnam have the
opportunity to train human resources, access to advanced Spanish technology.
Moreover, in the recently signed agreements,
there is a letter of intent to join the Coalition to reduce emissions through
enhanced forestry finance; agreement on cooperation to develop action plans to
strengthen linkages between higher education institutions between the two
countries; memorandum of understanding on enhancing cooperation in education;
agreement on cooperation in building human resource training programs for the
Ministry of Planning and Investment and supporting start-ups; cooperation
agreement on technology transfer on land management and related human resource
training…in Vietnam.
It can be seen that this trip of the Prime Minister
is not only an ordinary visit but also an opportunity for Vietnam to promote
cooperation with bilateral partners, international organizations and
multilateral partners other, seek opportunities to receive financial support,
technology, and capacity building for the country.
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