26 deals signed between Vietnamese, British companies
26 deals signed between Vietnamese, British companies
Vietnamese and British companies have signed 26 deals worth hundreds of millions of dollars at 2021 United Nations Climate Change Conference.
Representatives of British and Vietnamese governments and businesses pose for a photo at the 2021 United Nations Climate Change Conference, Oct. 31, 2021 in the United Kingdom. Photo by Le Hieu |
One of the most notable deals was between Vietjet and Rolls-Royce. They signed a $400 million contract for engines and engine services for Vietnam’s upcoming wide-body aircraft.
Rolls-Royce Civil Aerospace’s Chief Customer Officer, Ewen McDonald, said the company’s Trent 700 engine has the lowest lifetime fuel burn on its aircraft type, and has logged more than 60 million hours in service since its launch in 1995.
Hanoi-based diversified company Sovico Group signed a memorandum of understanding with Oxford University to cooperate and finance investment in research and education development with a total value of £155 million ($212 million).
Affinity Investment Fund and HDBank reached a grant of $300 million for the program on sustainable development and climate change combat.
Vingroup signed an agreement on research and development with Raphael Labs on the research of Covid-19 prevention medicine.
Diversified group T&T, Hanoi Medical University and Spanish company Hipra decided to partner on building a vaccine research center in Vietnam and in training human resources.
The U.K. also donated £500,000 toward Vietnam’s campaign against Covid-19.
