British companies were working with the Vietnamese Ministry of Transport and aviation agencies for opportunities to invest in the Long Thanh International Airport project in Dong Nai province.
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Investments by British businesses in Vietnam would top US$3 billion by the end of next year, Tim Brownbill, director of the UK Trade & Investment in Vietnam, told yesterday.
It is currently around $2 billion, Brownbill, also the British consul in Ho Chi Minh City, said.
He said the UK-based Premier Oil was implementing a $1-billion project in Vietnam, while the country’s power, oil, and gas sectors were attracting investment from SOCO International PLC.
British businesses were also keen on investing in infrastructure, education, finance, and banking, he said.
British companies were working with the Vietnamese Ministry of Transport and aviation agencies for opportunities to invest in the Long Thanh International Airport project in Dong Nai province.
“British investors are also interested in traffic, power, clean water, and flood prevention projects under a public-private partnership model,” he said.
The retail sector was also appealing to them, he added.
Speaking at the conference, Kate Harrison, British deputy ambassador in Vietnam, said the UK sought to strengthen trade ties with Vietnam.
She said the UK was Vietnam's largest trading partner in the European Union.
“We will organize more events … to promote trade and economic cooperation between the two countries,” she said.
British companies were working with the Vietnamese Ministry of Transport and aviation agencies for opportunities to invest in the Long Thanh International Airport project in Dong Nai province.
“British investors are also interested in traffic, power, clean water, and flood prevention projects under a public-private partnership model,” he said.
The retail sector was also appealing to them, he added.
Speaking at the conference, Kate Harrison, British deputy ambassador in Vietnam, said the UK sought to strengthen trade ties with Vietnam.
She said the UK was Vietnam's largest trading partner in the European Union.
“We will organize more events … to promote trade and economic cooperation between the two countries,” she said.
(Source: TTNews)
