VOV.VN - After enjoying robust export growth of approximately 50% last year despite suffering the adverse impact of the COVID-19 pandemic, Vietnamese tra fish (pangasius) exports are expected to maintain positive growth of over 10% in the year ahead, according to insiders.

Vietnamese exporters in the steel and mechanic sectors expect to get easier access to the UK market following the signing of the UK-Vietnam Free Trade Agreement (UKVFTA) last month.

VOV.VN - Vietnam’s rice export price reached its latest peak on January 3 at US$505 per tonne, representing a record high over the previous nine years, according to rice traders.

VOV.VN - The nation looks set to enjoy a wealth of opportunities to increase export turnover of numerous key products to the UK through the enforcement of the UK – Vietnam Free Trade Agreement (UKVFTA).

Vietnam and the UK concluded necessary procedures for the temporary application of the bilateral free trade agreement from 6am of January 1, 2021 (Vietnam time) following the signing of the deal on December 29, 2020.

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.

British Ambassador to Vietnam Gareth Ward has expressed his belief that the UK – Vietnam Free Trade Agreement (UKVFTA), which was officially signed in London on December 29, will bring many benefits to the two countries’ trading relationship in the future.

The UK-Vietnam Free Trade Agreement (UKVFTA) is expected to intensify economic cohesion and reciprocation between the two countries, thus deepening and elevating the bilateral strategic partnership, said a diplomat. ​

Although the UK-Vietnam Free Trade Agreement (UKVFTA) inherits basic contents from the EU-Vietnam FTA (EVFTA), there remain differences between the two deals, said Vietnamese Trade Counsellor in the UK Nguyen Canh Cuong.

“I am hugely excited that the two ambassadors are finalising this trade agreement by signing it today (December 29), cementing our historic ties and ushering in a bright future. I can’t wait to visit again”, Heather Wheeler, MP and Prime Minister’s Trade Envoy for Cambodia, Laos, Vietnam said in an interview with Vietnam News Agency correspondents.