The UK – Việt Nam Free Trade Agreement is one of the key drivers boosting the growth of Viêt Nam’s timber and wood product exports to the UK, industry experts have said.
To better exploit the tariff incentives from the UKVFTA, it is necessary for Vietnamese fishery producers and exporters to focus on improving quality and supply capacity to expand market share in the UK
The UKVFTA took effect on May 1, 2021, with a preferential tariff quota granted to Việt Nam at a tax rate of zero per cent, enabling UK buyers to have more choices of rice varieties from Việt Nam.
The UK and Việt Nam already have a separate free trade agreement – the UKVFTA – in place but CPTPP will add additional benefits to bilateral trade and investment.
Việt Nam exported nearly 1.2 million tonnes of coffee over the past eight months of this year, earning nearly $3 billion, down 5.7 per cent in volume but up 32.3 per cent in value thanks to increased selling prices.
Local authorities has stood ready to provide the best conditions for British businesses and investors interested in investing and conducting business in the city
Christopher Jeffery, Chairman of the BritCham Vietnam, shares insights on the specific challenges and opportunities faced by British businesses in Việt Nam.
Going green is becoming vital for Việt Nam to tap opportunities arising from the UK – Việt Nam Free Trade Agreement (UKVFTA) to expand exports to the UK, the market which is aiming to develop a more circular fashion industry.
Hoà Bình was seeking to attract foreign investments, especially the investment from the UK which was further facilitated by the UKVFTA, in prioritized sectors, including green, clean, high – quality industrial production, high-tech agriculture, resort property development and ecological urban...
The UK – Việt Nam Free Trade Agreement (UKVFTA) together with other new-generation FTAs were promoting green trade in Việt Nam with the restructuring of supply chains towards resilience and sustainability.
The pharmaceutical sector of Việt Nam was considered to have large potential for growth, driven by the country’s rapid growing middle class, the demand for healthcare services and the Government’s efforts to improve regulations and infrastructure in the sector, especially...