Viet Nam's Bold Move to Strengthen Ties with UK and Italy Boosts Global Trade
Minister Nguyen Van Thang leads a mission to the UK and Italy, enhancing financial and trade relations as Viet Nam soars in the global economy.
In a strategic move to reinforce economic alliances, Viet Nam’s Minister of Finance, Nguyen Van Thang, has embarked on a noteworthy mission to the United Kingdom and Italy. This initiative, running from September 14 to 21, aims to solidify collaboration in finance, trade, and investment, thereby nurturing deeper and more meaningful ties between Viet Nam and Europe.
A Rising Star in Global Economy
As Viet Nam continues to assert itself as an economic powerhouse, last year’s impressive GDP growth of 7.09% cemented its position among the leading economies within ASEAN and across the globe. This trend shows no signs of slowing down, with second-quarter growth in 2025 soaring to 7.96%, setting the stage for the country to exceed its annual growth target of over 8%.
Moreover, Viet Nam’s stock market performance stands as a testament to its economic dynamism. The market capitalization hitting 103.75% of the estimated 2024 GDP and a 33% surge in the VN-Index by August 2025 underscores the nation’s readiness as a prime investment destination.
The Mission: Opening Doors and Opportunities
Minister Thang’s journey is marked by working sessions with prominent financial regulators, stock exchanges, and major multinational corporations. Such engagements are pivotal as they lay the groundwork for enduring financial cooperation. Furthermore, his participation in the Viet Nam – UK investment promotion conference in London and the Viet Nam – Italy investment dialogue in Milan reinforces Viet Nam’s commitment to global economic integration.
The mission heralds a new era of collaboration across high-potential sectors such as green finance, digital economy, and renewable energy. These discussions are not only about investment but are central to forging partnerships rooted in transparency, fairness, and shared prosperity. According to Nhan Dan Online, such initiatives will significantly contribute to Viet Nam’s economic landscape.
A Promising Future for Viet Nam - Europe Relations
The endeavors of Minister Thang and his delegation reflect Viet Nam’s unwavering resolve to be seen as a transparent and sustainable investment hub. This stance aligns with the nation’s dedication to green growth and innovation, ensuring that the Viet Nam – Europe collaboration flourishes.
Securing such bilateral and multilateral ties is instrumental in harnessing new technologies and fostering an ecosystem that promotes sustainable development. As Viet Nam strengthens its position on the international stage, these efforts showcase the country as a resolute and burgeoning economy ready to embrace future challenges and opportunities.
In conclusion, Minister Nguyen Van Thang’s mission is more than a series of meetings and dialogues; it’s a strategic blueprint for Viet Nam’s future in the international economic landscape. The results expected from these initiatives are anticipated to echo the country’s ambition and drive in joining hands with the global economy.
