Establishing an international financial center in Vietnam is a very wise decision.

(NLDO)- On March 17, in the UK, Permanent Deputy Prime Minister Nguyen Hoa Binh met with former British Prime Minister Tony Blair.

Former British Prime Minister Tony Blair is currently Chairman of the Tony Blair Institute for Global Change (TBI), a research and development policy and strategy consultancy for governments, operating in over 30 countries.

Permanent Deputy Prime Minister Nguyen Hoa Binh and former British Prime Minister Tony Blair. Photo: VGP

In recent years, TBI has closely cooperated with the Ministries of Foreign Affairs, Planning and Investment (now the Ministry of Finance) and Industry and Trade in the fields of enhancing economic diplomacy capacity, promoting investment and trade cooperation with international partners, developing an international financial center in Vietnam and promoting investment.

Specifically, TBI Institute has supported the Ministry of Planning and Investment (now supporting the Ministry of Finance) in a number of key areas including: Developing a status report and strategy to attract and promote high-quality foreign investment in the electronics sector and researching the model of international and regional financial centers to serve the process of building and implementing the International Financial Center Project in Ho Chi Minh City and Da Nang.

Deputy Prime Minister Nguyen Hoa Binh thanked Mr. Tony Blair for his practical contributions to fostering and developing the good cooperative relationship in all fields between Vietnam and the UK during his time as British Prime Minister.

Mr. Tony Blair himself, as well as TBI, has cooperated and effectively supported Vietnam's ministries and functional agencies in the economic field, as well as tasks related to the process of building and implementing the International and Regional Financial Center Project in Ho Chi Minh City and Da Nang.

Mr. Tony Blair affirmed that he and the TBI will continue to actively and extensively support and accompany Vietnamese authorities in the process of establishing and operating the International Financial Center as well as other economic activities. Photo: VGP

Faced with the fluctuations of the regional and world situation, the First Deputy Prime Minister hopes that Mr. Tony Blair, with his international prestige, capacity and experience as well as TBI, will continue to provide policy advice to Vietnam in planning development strategies, changing the mindset of law-making, building policy mechanisms, ensuring openness and friendliness to investors, especially attracting investors in emerging fields such as green economy, renewable energy, AI, semiconductor chips, etc.

Mr. Tony Blair emphasized that the great changes in the global geo-economic and geopolitical situation are posing both challenges and opportunities. Countries need to make the most of opportunities to achieve development goals and minimize negative impacts.

With the economic achievements, potential for cooperation and attraction to foreign investors, Mr. Tony Blair said that the establishment of the International Financial Center in Ho Chi Minh City and Da Nang is a very wise decision, strongly supporting the development process of Vietnam; opening up many new opportunities and prospects for cooperation.

Mr. Tony Blair affirmed that he will continue to actively and extensively support and accompany Vietnamese authorities in the process of establishing and operating the International Financial Center as well as other economic activities.

Source: https://nld.com.vn/nguyen-thu-tuong-tony-blair-lap-trung-tam-tai-chinh-quoc-te-tai-viet-nam-la-quyet-dinh-rat-sang-suo-196250317214327829.htm