The Ministry of Planning and Investment has issued two circulars specifying instructions for handling bidding packages under the UK-Việt Nam Free Trade Agreement.

Currently, Việt Nam ranks 15th among countries exporting rice to the UK, making up a modest 0.42 per cent of the total import turnover to this country. That means the door is wide open for Vietnamese rice in the market.

Trade revenue between Vietnam and the UK is expected to reach US$10 billion in the next one or two years thanks to strong support from the Vietnam-UK Free Trade Agreement (UKVFTA).

Standardising the production process, updating technology and building product brands are keys to boosting Vietnamese agricultural exports to the UK.

The trade and investment relationship between Viet Nam and the UK has grown significantly a year after the UK-Viet Nam Free Trade Agreement (UKVFTA) came into effect

Viet Nam’s tra fish export increased by 83.2 per cent in the first half of this year, with exports to the UK increasing six-fold.

The UK-Vietnam Free Trade Agreement (UKVFTA), which took effect in early 2021, has so far brought about positive outcomes for both countries, Deputy Director General Ngo Chung Khanh of the Ministry of Industry and Trade’s Multilateral Trade Policy Department has affirmed.

Vietnam has emerged as a major Southeast Asian supplier of farm produce and aquaculture products to the UK following the UK-Vietnam Free Trade Agreement (UKVFTA) they signed, speakers said at a conference on June 23.

Vietnam and the UK are amplifying their trade and investment partnership through the materialisation of commitments within their bilateral free trade agreement

The current scarcity of white meat fish in the UK market is considered a golden opportunity to boost local pangasius (tra fish) exports, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).