Philip Hammond, the Foreign Secretary, has visited Vietnam as part of his tour of Asia. The tour aims to improve trade, education, science and innovation with Vietnam.
“The UK’s relationship with Vietnam reaches across many sectors and we are proud to have contributed to Vietnam’s remarkable performance as one of the fastest growing economies in South East Asia. The EU-Vietnam Free Trade Agreement offers huge opportunities to strengthen our trade and investment links. Our bilateral trade has more than doubled since 2010, but there is still scope for British companies and products to do much better in this market, especially in sectors such as infrastructure, advanced engineering, healthcare, energy and financial services.
The UK is at the forefront of supporting Vietnam’s education reform plans and collaborating on science and technology through the UK’s Newton Fund. I look forward to discussing opportunities for further collaboration, including on Illegal Wildlife Trade, climate change and security”.