New-generation free trade agreements like the UK-Việt Nam FTA have been positive for Tiền Giang Province’s exports and foreign investments and helped jobs, according to its Department of Industry and Trade.
According to the department, the province is now home to 143 enterprises which are exporting 14 groups of goods to the EVFTA member countries. These enterprises exported US$241 million worth of products in 2021, up 23.4 per cent year-on-year.
Representatives from Việt Nam and the United Kingdom signed a free trade agreement between the two countries in London on December 29 evening (Viet Nam time).