Vietnamese goods have steadily established a strong presence in the UK, with exports to this demanding market continously growing since 2021, said Hoang Le Hang, First Secretary of the Vietnam Trade Office in the UK.

The Vietnam Trade Promotion Agency under the Ministry of Industry and Trade (MoIT) on November 18 organised a seminar on trade promotion in the European market, focusing on potential for expanding exports to the European market via official channels.

The UK-Vietnam Free Trade Agreement (UKVFTA), signed into law three years ago, has clearly benefited trade cooperation between the two countries, particularly in the context of Vietnam’s exports to most other major markets declining due to geopolitical tensions and headwinds in the global economy, said experts at a conference in Hanoi on October 30.

VOV.VN - Vietnamese tuna is enjoying several advantages in the UK market thanks to tariff incentives from the UK-Vietnam Free Trade Agreement (UKVFTA).

VOV.VN - In the first half of this year, the total trade turnover between Vietnam and the UK reached more than US$3.9 billion, an increase of 21.7% over the same period from 2023, with Vietnam recording a trade surplus of more than US$3.2 billion, up 28.5% on-year, according to preliminary statistics compiled by the General Department of Customs.

VOV.VN - Vietnam earned US$6.34 billion from exports to the UK last year, representing a notable increase of 4.6% year on year, despite the unfavourable impact of the recent global economic slowdown and high inflation.

VOV.VN - Vietnamese tuna exports to the UK market endured a downturn in September, representing a fall of 36% against the same period from last year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

There is plenty of room for Vietnamese tea products to secure a larger market share in the United Kingdom, as the country currently accounts for only 0.1% of the UK's total tea imports, experts have said.

The Vietnam Trade Office in the UK on September 13 organised a Vietnam-UK trade promotion workshop in London which saw the participation of more than 60 representatives of Vietnamese and international businesses.

VOV.VN - Currently, the UK imports a lot of fresh and frozen tuna products from Vietnam, accounting for 99% of its export turnover, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).