The pillars are politics, diplomacy, defence and security; economic, trade, investment and finance; science, technology, innovation, digital transformation and health; environment, energy and green transition; education, culture, sports, tourism, people-to-people exchanges, equal rights and other fields; and cordination on regional and international issues.
The agreement was reached during the official visit of general secretary of the Communist Party of Vietnam To Lam to the United Kingdom on 28-30 October.
Both sides reaffirmed their commitment to further enhance economic cooperation, championing free, fair, inclusive and sustainable trade and supporting a transparent and rules-based international trading system.
Both will work to establish an annual business dialogue mechanism between British business leaders and senior Vietnamese government figures to enhance trade and investment cooperation.
They agreed to strengthen cooperation in the development of Vietnam’s international financial centres in Ho Chi Minh City and Da Nang, including through the UK-Vietnam International Financial Centre partnership.
They agreed to strengthen cooperation by mobilising green finance to promote low-emission, resilient green growth, working together to share expertise and deploy green financial instruments in Vietnam, including through the launch of the UK-Vietnam Green Finance Partnership.
The two sides committed to removing institutional barriers, so the private sector can play a central role in promoting green growth and sustainable trade, a release from the UL Prime Minister’s Office said.
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