Vietnamese firms should foster their imports of raw materials from the United Kingdom (UK) to enjoy preferential tariffs brought by the UK-Vietnam Free Trade Agreement (UKVFTA), trade experts have suggested.

VOV.VN - The Vietnam Export Promotion Forum 2023, running the theme of “green export promotion”, will be held on November 24 in Hanoi, according to information given by the Ministry of Industry and Trade (MoIT).

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).

Several northern localities have been fostering exports of the "One Commune One Product" (OCOP) products to the United Kingdom to enjoy import tax reductions under the effective UK-Vietnam Free Trade Agreement (UKVFTA).

Vietnam has been accelerating trade promotion in the United Kingdom – the world's fifth-largest economy with US$700 billion worth of import demand per year in the context of Vietnamese goods having more competitors.

VOV.VN - UK media outlet moneyweek.com recently published an article describing Vietnam as a thriving regional hub with ample scope for further rapid development.

VOV.VN - A group of 14 British firms specializing in renewable energy technology and services arrived in Vietnam this week to sound out cooperation opportunities, including in offshore wind power development.

Quality and brand are recognised as decisive factors for Vietnam’s fruits and vegetables to tap the opportunities from the UK – Vietnam Free Trade Agreement (UKVFTA) and expand export to this highly demanding market, said Dang Phuc Nguyen, General Secretary of Vietnam Vegetable and Fruit Association (Vinafruit).

The export of Vietnamese goods to the United Kingdom (UK) is currently facing several challenges, attributed to both unfavourable international conditions and shifts in the UK’s trade and economic policies.

Vietnamese durian exports to the UK have increased due to high demand for this fruit and the advantages of the UK-Vietnam Free Trade Agreement (UKVFTA).