The Ministry of Industry and Trade, on November 18, held a seminar with the theme "Exporting to FTA markets - Solving the problem of sustainable development". More than 300 export enterprises in many sectors and industries in the South and enterprises from the EuroCham and AmCham attended the program.
The Ministry of Industry and Trade, on the morning of July 13, informed that the amount of Vietnamese rice exported to the UK was at risk of a sharp decline because rice from other countries captured the market share.
National Assembly (NA) Chairman Vuong Dinh Hue and Speaker of the UK’s House of Commons Lindsay Hoyle discussed various issues regarding cooperation between the two legislatures during their talks in London on June 29 morning.
After the UK-Vietnam Free Trade Agreement (UKVFTA) took effect on December 31, 2020, both sides saw impressive growth in their two-way trade though exports faced formidable challenges caused by the COVID-19 pandemic.
Vietnam and the UK concluded necessary procedures for the temporary application of the bilateral free trade agreement from 6am of January 1, 2021 (Vietnam time) following the signing of the deal on December 29, 2020.
The conclusion of the UK-Vietnam Free Trade Agreement (UKVFTA) demonstrates the importance of Vietnam as a market and its heightened position in the eyes of the UK, Vietnamese Ambassador to the UK Tran Ngoc An told the Vietnam News Agency after the finalisation of the bilateral trade deal in Hanoi on December 11.
Minister of Industry and Trade Tran Tuan Anh and UK Secretary of State for International Trade Liz Truss signed the agreed minutes on the conclusion of negotiations over the UK-Vietnam Free Trade Agreement (UKVFTA).