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UKVFTA

VN wood product exporters could leverage trade deal with UK: experts

VN wood product exporters could leverage trade deal with UK: experts

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.
Cinnamon industry seeks to take advantage of trade deal to expand exports to the UK

Cinnamon industry seeks to take advantage of trade deal to expand exports to the UK

According to the Việt Nam Pepper and Spice Association (VPSA), Việt Nam is the world’s largest cinnamon producer with a total plantation area of 180,000 ha and has become the world’s largest exporter of cinnamon products since 2021.
Việt Nam regulates remanufactured imports under EU, UK FTAs

Việt Nam regulates remanufactured imports under EU, UK FTAs

Under Decree 66, remanufactured goods must now meet a number of criteria, including certification of eligibility and compliance with origin rules established under the EVFTA and UKVFTA.
UKVFTA gives advantages to Vietnamese fishery products in the UK, urging focus on quality for further expansion

UKVFTA gives advantages to Vietnamese fishery products in the UK, urging focus on quality for further expansion

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
Enterprises urged to tap potential to expand official exports to EU

Enterprises urged to tap potential to expand official exports to EU

Since the EU-Việt Nam Free Trade Agreement (EVFTA) came into effect in August 2020, the European Union (EU) has emerged as a leading trade partner for Việt Nam. Vietnamese businesses could unlock significant opportunities from the EVFTA if they know...
Doors open wider for rice exports to the UK

Doors open wider for rice exports to 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.
UKVFTA: a bridge for VN to fulfil 10b export target to the UK

UKVFTA: a bridge for VN to fulfil $10b export target to the UK

Over the past nine months of this year, two-way trade hit nearly $6.5 billion with $5.7 billion from Vietnamese exports, up 22 per cent year-on-year. 
Opportunities to increase market share in the UK for Vietnamese wood producers

Opportunities to increase market share in the UK for Vietnamese wood producers

The Agency of Foreign Trade estimates that Việt Nam''s export value of wood and wood products reached US$1.25 billion in June this year, down 1.1 per cent month-on-month, but up 13.6 per cent year-on-year.
Together with UKVFTA, UK accession to CPTPP to leverage bilateral trade

Together with UKVFTA, UK accession to CPTPP to leverage bilateral trade

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.
Forum discusses solutions to better realise opportunities from UKVFTA

Forum discusses solutions to better realise opportunities from UKVFTA

The UK is now the ninth largest export market of Việt Nam in the world and fourth in the EU.
Firms to learn more about trade defence tools in UKVFTA

Firms to learn more about trade defence tools in UKVFTA

After the UKVFTA came into effect, demand for using trade defence tools and the number of trade defence cases from both sides have increased.
Trade ministry to publish FTA Index, facilitate utilisation of free trade deals

Trade ministry to publish FTA Index, facilitate utilisation of free trade deals

The Ministry of Industry and Trade is focusing on improving provinces’ capabilities in helping local businesses take advantage of free trade agreements such as the UKVFTA and EVFTA, including by issuing a FTA Index by the end of 2023.
Localities speed up exports of OCOP products to the UK

Localities speed up exports of OCOP products to the UK

Obtaining certificates and assessments that adhere to market standards and criteria will be the main focus for companies and OCOP goods.
UKVFTA spreads the presence of Vietnamese coffee in the UK market

UKVFTA spreads the presence of Vietnamese coffee in the UK market

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.
Bright prospects for shrimp exports to the UK

Bright prospects for shrimp exports to the UK

Since the UKVFTA came into force, tariff duties on frozen shrimp products exported to the UK have been reduced to zero per cent. That has offered Vietnamese exporters a competitive advantage compared to other rivals such as Thailand, Malaysia, Indonesia, Philippines, India, and Brazil which had yet...