Topic: UKVFTA

In a related adjustment, the UK Trade Remedies Authority announced that the overall safeguard quota will be relaxed, increasing by 0.1% every six months, effective from July 1, 2025.

PM Pham Minh Chinh called for continued UK support in achieving Vietnam’s long-term strategic goals, including its two 100-year development milestones.

British Consul General in Ho Chi Minh City Alexandra Smith highlighted key upcoming events on the occasion of Standing Deputy Prime Minister Nguyen Hoa Binh’s UK visit from March 16-19.

One of the key highlights of the CPTPP is its provisions on digital trade, e-commerce, and cross-border data flows.

Two-way trade has expanded 8.9% annually over the past three years.

UK and other foreign investors are becoming more and more concerned about the environment and climate change, seminar hears.

Figures from the Ministry of Industry and Trade (MoIT) show that two-way trade turnover between Vietnam and the UK in 2021, the first year of implementing the UK - Vietnam Free Trade Agreement (UKVFTA), reached $6.6 billion, up 17.2 per cent compared to 2020. Vietnam’s exports came in at nearly $5.8 billion, up 16.4 per cent, while its imports from the UK stood at $849 million, up 23.6 per cent.