The Prime Minister Nguyen Tan Dung witnessed signing ceremonies of many important investment cooperation agreements between two countries’ businesses worth more than 4 billion USD at Vietnam- England business forum yesterday afternoon.

There are cooperation agreement to exploit, process Boxit in Vietnam between Vinacomin with BHP Billion Aluminium Group worth 1 billion USD; Cooperation agreement between Saigon Invest Group with International Power Group to develop thermo-electricity with capacity of 1200 MW at the Central Part of Vietnam worth 1.5 billion USD; Cooperation memorandum of understanding between New World Fashion Plc Group (Vietnam) with Tesco Group worth 900 million USD in 5 years; Memorandum of understanding between BIDV (Vietnam) with JP Morgan worth 280 million USD etc…

Formerly, on exchanging views with more than 500 leading businesses of both Vietnam and England, The Prime Minister Nguyen Tan Dung affirmed that Vietnam will create every favorable condition for England businesses to invest successfully in Vietnam. The Prime Minister emphasized that there are now more than 80 countries and territories with businesses which directly invest in Vietnam with registered capital of about 100 billion USD and most of them have been successful. Vietnam- England cooperation friendship relation has had the tradition of 35 years and has been developing well. Many England groups are operating successfully in Vietnam and bilateral trade reachs nearly 2 billion USD which increased more 20% in 2007 than in 2006.

On behalf of England businesses, The chairman of England Investment and Trade Council highly appreciated dynamic development of Vietnamese economy, thanked Vietnamese government for allowing 2 England banks named HSBC and Standard Chatered to open 100% foreign capital bank in Vietnam. He also affirmed that many England businesses and groups are seeking investment and cooperation opportunities in Vietnam.