Minister pitches UK investors on booming economy, stock market surge
Vietnam values its international partnerships, including with the UK, Finance Minister Nguyen Van Thang noted, urging UK companies, funds and financial institutions, and those from Europe and worldwide, to continue expanding investment, transferring know-how, sharing management experience and advancing green finance and technology to realise Vietnam’s sustainable development vision.
Finance Minister Nguyen Van Thang speaks at the Vietnam Investment Promotion Conference in the UK on September 16. (Photo: VNA)
London (VNA)🤡 – The Vietnamese Ministry of Finance hosted an investment promotion conference in the UK on September 16, drawing nearly 300 representatives from major corporations, banks, and investment funds across the UK, Vietnam, and beyond.
In his opening remarks, Finance Minister Nguyen Van Thang highlighted Vietnam’s economic momentum over the first eight months of this year, noting realised foreign direct investment (FDI) of an estimated 15.4 billion USD, up 8.8% year-on-year and the highest eight-month figure in five years. Among 74 countries and territories with newly licensed projects, the UK - Vietnam’s strategic partner and third largest European trade partner - emerged as a standout investor.
As of August 2025, the VN-Index had gained 33% since the late 2024, ranking among the world’s top-performing markets. Vietnam also led ASEAN in market liquidity, with average daily trading of more than 1.1 billion USD. Brokerage accounts surpassed 10 million, or about 10% of the population, topping the target.
According to him, Vietnam is steadily improving its legal framework to align with international standards and best practices, ensuring a safe, transparent and sustainable stock market. Recent reforms have streamlined access for foreign investors, with the Ministry of Finance and State Securities Commission actively engaging global financial hubs through investment promotion programmes.
Vietnam’s policies prioritise transparency and fairness, fostering a “win-win” investment environment that encourages innovation while protecting investors, Thang said, making the country a sustainable, long-term destination for capital.
Vietnam values its international partnerships, including with the UK, he noted, urging UK companies, funds and financial institutions, and those from Europe and worldwide, to continue expanding investment, transferring know-how, sharing management experience and advancing green finance and technology to realise Vietnam’s sustainable development vision.
Attendees were briefed on Vietnam’s market potential, FDI incentives, and stock market dynamics by regulators and market participants. The event also facilitated direct dialogue, allowing international investors to voice concerns and expectations to policymakers.
Delegates at the conference. (Photo: VNA)
Speaking to Vietnam News Agency’s reporters based in London, Craig Martin, Executive Chairman of Daynam Capital, called the current moment an exciting time to invest in Vietnam. He credited the country’s robust GDP growth over the past three decades to its reform policies and diligence, praising the Government’s stock market reforms for creating a level playing field for foreign investors and unlocking ample potential for capital inflows into private projects and public capital markets.
Martin expected that the Vietnamese market, which is considered a frontier market, will soon be upgraded to an emerging market. This will be an important turning point, increasing the attractiveness of Vietnam to foreign institutional investors, helping to revalue listed Vietnamese companies, and attract Vietnamese private companies to conduct IPOs (initial public offerings) in Vietnam, and create opportunities for foreign investors to participate in these businesses through the capital market.
Taking place within the framework of Thang's working visit to the UK from September 14-17, the success of the conference opened up a vision for long-term, sustainable cooperation between businesses and investors of the two countries. After the conference, bilateral meetings between Vietnamese and UK businesses were held, opening up prospects for many new investment projects, helping to bring economic and financial relations between the two countries to a new level./.
With a journey from post-war reconstruction to one of the world’s fastest-growing economies, Vietnam has proven that anything is possible with vision, unity, and determination.
Finance Minister Nguyen Van Thang noted that free trade agreements such as the UK–Vietnam Free Trade Agreement (UKVFTA) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) have expanded opportunities for businesses in both countries.
Ho Chi Minh City, as the country’s largest economic and financial hub, is expected to take the lead in key areas such as capital markets, banking, and commodity trading. Meanwhile, Da Nang, with its strategic location and open-minded spirit, holds great potential to become a pioneer in sustainable finance, green finance, and digital financial services.
Vietnamese Minister of Finance Nguyen Van Thang expressed gratitude for the UK’s active role in supporting Vietnam’s efforts to draft a National Assembly resolution on creating an international financial centre. The City of London, he noted, provided pivotal insights and recommendations to shape the groundwork and development roadmap for this hub.
Vietnam is ready to deepen economic cooperation with the Association of Southeast Asian Nations (ASEAN), China and other partners, embracing a strategy of “harmonised interests and shared risks” as it leverages its fast-growing economy and market of over 100 million people.
Tay Ninh, Nghe An and Quang Tri provinces have strategic locations and significant cooperation potential, said Nguyen Thi Thai Binh, Minister-Counsellor at the Vietnamese Embassy, expressing confidence that with creativity and determination, these provinces and their Korean partners will find ample opportunities for productive collaboration.
Jointly organised by the Vinexad National Trade Fair and Advertising JSC and Yorkers Exhibition Service Vietnam, the event features 1,200 booths of more than 650 exhibitors from 20 countries and territories, including Germany, India, Indonesia, Italy, Japan, the Republic of Korea, Singapore, Switzerland, Thailand, and the US.
Public investment should serve as a key driver of growth, acting as seed capital to catalyse and mobilise all social resources, thereby fostering economic expansion, creating jobs and livelihoods, and improving the material and spiritual well-being of the people, PM Pham Minh Chinh stated.
An official of the Foreign Trade Agency laid stress on the foundational role of rules of origin in international trade, highlighting the importance of capacity building for enforcement officers in the context of deep international integration.
Against the backdrop of the growing comprehensive strategic partnership between Vietnam and Russia, the promotion and export of Vietnam’s agricultural products not only diversify supply sources for the Russian market but also help enhance the brand values and competitiveness of Vietnamese enterprises in the market that remains untapped.
International trade is no longer merely an exchange of goods but a strategic lever enabling Vietnamese enterprises to enhance capacity, secure partnerships, and expand globally.
In the first eight months of 2025, Vietnam’s total trade value reached nearly 600 billion USD, up 16.3% year on year. Of this, exports stood at 306 billion USD, a 14.8% increase, already surpassing the full-year target.
Vietnam aims to maintain macroeconomic stability, control inflation below the target, achieve growth of 8.3-8.5%, ensure major economic balances, surpass budget revenue estimates by 25%, and control public debt, government debt, foreign debt, and budget deficit.
Reaffirming Vietnam’s commitment to foreign investors, Finance Minister Nguyen Van Thang said government policies always aim to ensure transparency, fairness and a mutually beneficial environment that promotes innovation and safeguards investor rights, making Vietnam a sustainable and long-term investment destination.
The State Bank of Vietnam must launch an official gold price information portal, study the establishment of gold exchanges, and issue guiding documents to implement the Government’s decree on the management of gold trading activities.
According to the World Bank Group, Vietnam will need approximately 368 billion USD in investment for climate adaptation and carbon reduction projects by 2040. Yet, as of the end of 2024, green credit accounted for just 4.5% of the country’s total outstanding loans.
Amidst robust digital transformation across all sectors, the food processing industry has tapped such digital technologies as Internet of Things, AI, blockchain and Big Data to optimise production process, control supply chain, and meet consumers’ demands.
The French side pledged to share technical guidelines and safety standards, with the Institute for Radiological Protection and Nuclear Safety (IRSN) ready to provide training for Vietnamese specialists.
Vietnam now has more than 940,000 private enterprises and over 5 million household businesses, contributing approximately 50% of GDP, over 30% of state budget revenue, and employing 82% of the national workforce.
Businesses underlined the need for expanding green credit and non-collateral concessional loans for circular agriculture projects, facilitating their participation in national key projects, and fostering alliances among Vietnamese enterprises as well as cooperation with regional partners.
State-owned Vietcombank currently leads the banking system with total assets exceeding 85 billion USD and a market capitalisation of over 20 billion USD, while maintaining strong financial safety indicators. Its non-performing loan ratio remains the lowest in the sector at 0.97%.