(VOVworld) – The Vietnamese government will create the best possible conditions for UK investors, said Deputy Prime Minister Vu Van Ninh while receiving Lord Mayor of London Alderman Fiona Woolf on a working visit to Vietnam on Tuesday. Deputy PM Ninh praised the UK Government’s commitment to intensifying ties with Vietnam and giving Vietnam more official development assistance (ODA) and preferential loans. He stressed the need for the two countries’ banks to step up cooperation as Vietnam now has a great demand for capital to invest in infrastructure and industry and improve people’s lives. The UK banks have contributed to Vietnam’s banking system and to boosting trade and investment ties between the two countries, Ninh said. The Vietnamese Government will create favorable conditions for UK investors to do long-term business in Vietnam, he added.

Ms. Woolf said many UK businesses are keen to invest in the Vietnamese market.