Vietnam is a potential market for British firms operating in the electronics industry, Do Nhat Hoang, Director of the Vietnamese Ministry of Planning and Investment’s Foreign Investment Agency, said at a recent webinar. ​

The UK-Vietnam Free Trade Agreement (UKVFTA), which officially took effect on May 1, is believed to herald a new era for Vietnamese goods to gain a foothold in a market with strong purchasing power.

The Ministry of Industry and Trade (MoIT) will finalise and issue a number of legal documents needed for the implementation of the UK-Vietnam Free Trade Agreement (UKVFTA) in 2021.

The Prime Minister has approved a plan for the implementation of the UK-Vietnam Free Trade Agreement (UKVFTA).

Vietnam will announce to the UK side its ratification of the UK-Vietnam Free Trade Agreement (UKVFTA) this month, so the deal can officially come into force from May 1.

The Vietnamese Government has issued a Resolution approving the UK-Vietnam Free Trade Agreement (UKVFTA) and will complete procedures this month to officially bring it into force on May 1, Deputy Minister of Industry and Trade Dang Hoang An has said.

Two-way trade between Vietnam and the UK in the first two months of the year surged 29.2%year-on-year, hitting US$1.1 billion, according to the Ministry of Industry and Trade.

VOV.VN - Vietnamese Deputy Minister of Foreign Affairs To Anh Dung and Minister for Asia at the UK's Foreign, Commonwealth & Development Office (FCDO) Nigel Adams showed their elation at the positive and comprehensive development of the Vietnam-UK relationship during their phone talks on March 4.

VOV.VN - Vietnamese firms must improve product quality, strictly follow the rules of origin and ensure food safety to export goods to the UK under the recently signed UK-Vietnam Free Trade Agreement, speakers said at a seminar in Ho Chi Minh City on January 28.

The UK-Vietnam Free Trade Agreement (UKVFTA), which will come into force at 23:00 on December 31, 2020, will open the door wider for bilateral economic and trade ties and help form a solid foundation for their strategic partnership to reach a new height.