The local banking sector, currently undergoing drastic restructuring, will have more opportunities to improve its financial capacity, learn modern business models and management from UK partners after the UK-Vietnam Free Trade Agreement (UKVFTA) takes effect, according to banking insiders.

The UK – Vietnam Free Trade Agreement (UKFTA) was providing significant opportunities for Vietnam to expand the export of steel and iron products in the UK.

Total revenue from goods retail and services in the January-August period increased by 19.3% year on year to over VND3.679 quadrillion (US$156.8 billion), which is a high growth rate for the period in many years, according to the General Statistics Office (GSO).

VOV.VN - The local textile and garment sector has high demand for foreign direct investment (FDI) inflows into the production of fabrics, yarns, and accessories as it strives to meet the export needs to utilise tariff preferences from free trade agreements (FTAs), according to insiders.

Experts gathered at a conference in Ho Chi Minh City on August 24 to discuss export and investment opportunities generated by the EU-Vietnam Free Trade Agreement (EVFTA) through sustainable development.

Prime Minister Pham Minh Chinh chaired a teleconference with Vietnamese trade representative offices abroad on August 19 linked with 62 locations.

VOV.VN - The implementation of the EU-Vietnam Free Trade Agreement (EVFTA) has greatly contributed to raising two-way trade turnover between Vietnam and Poland to over US$1 billion since the beginning of the year.

VOV.VN - President Nguyen Xuan Phuc hosted a reception for Kazakh Deputy Prime Minister and Foreign Minister Mukhtar Tileuberdi in Hanoi on August 18, during which he suggested both nations should step up cooperation in areas of great potential such as agriculture, tourism and transportation.

Many British investors are seeking investment opportunities in Vietnam in the hope of cashing in on free trade agreements (FTAs) that Vietnam has signed with the UK and other economies worldwide.

VOV.VN - Vietnamese Tra (pangasius) fish exports to the EU this year is anticipated to hit over US$200 million by mid-July, with exports of this item to the highly lucrative market likely to reach nearly US$122 million.