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[Audio] GOOD Morning everyone, this presentation is on behalf of Rishikesh Tiwari on the topic of social consideration for international business in Vietnam..

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[Audio] Today we are going to talk about Intro & History Article regarding social initiative taken by Vietnam Benefits of the strategic partnership Conclusion.

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[Audio] This is the article that has been chosen for the discussuion today, the article talks about how Vietnam and United kingdom has strategically collaborated to strengthen educational ties..

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[Audio] Vietnam is a country located in Southeastern Asia bordering the Gulf of Thailand, the Gulf of Tonkin, and the South China Sea The geography consists of hills and densely forested mountains in the northwest. The government system is a communist state; the chief of state is the president, and the head of government is the prime minister. Vietnam has a mixed economy in which there is limited private freedom, but the economy remains highly controlled by the government..

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[Audio] Vietnam and UK strengthen the education ties as a part of the Vietnam- UK strategic partnership which was established in 2010. In 2020- A joint statement was signed between the two sides to support the education reform strategy of the Vietnamese Government. In April 2021, the sides signed a MoU on the legal framework for educational cooperation to focus on vocational training. Vietnam spends 20% of its national budget on education and training. Vietnam attracted 500 foreign-funded educational projects of about $ 4 billion. Currently, 40 UK Funded education projects in Vietnam. It is identified as a socio-economic development strategy. Vietnam plans to increase the number of joints in training programs with top-ranked UK universities. Vietnam will create prestigious British schools to open their branches..

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[Audio] This helps Vietnam to carry out international integration and promote foreign investment in education. Focus to create a strong transition in human resource development for quality improvement. The country's partnership will help the businesses in the education sector To set up bilateral education cooperation through paying attention to the exchange of students and lecturers as well as setting up collaboration between Vietnamese and UK universities. The British Government supports English learning, provides learning resources, and increases scholarships for Vietnamese students. The national assembly asked the Vietnamese Ministry of Education and Training to work with UK's education body to further foster the country's education quality. The strategic partnership will focus on Vietnam's development in multiple segments like science, technology, and innovation to help the human Labour in developing their digital skills.

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[Audio] Here according to me I can conclude that Vietnam- UK strategic partnership will help to create understanding between the people of both the countries. • The UK continues towards co-operation and support to Vietnam in developing cultural industries and promoting education. • The relationship focuses on preserving human rights with regard to the execution of education ties, contributing to the social and economic growth of the Vietnamese population in the UK. • Fostering friendship and cooperation between the two nations. This will encourage more access to education for everyone..

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This Presentation is Prepared by. Rishikesh Tiwari MS21GL085.