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.

A webinar was held on August 4 to update Vietnamese exporters on the UK Conformity Assessed (UKCA) mark, which is mandatory for most of industrial products circulated and used in the UK from next year.

While many products exported to the UK enjoyed strong increases thanks to the UK-Vietnam Free Trade Agreement (UKVFTA), Vietnam’s timber industry is facing difficulties in expanding in this market, requiring manufacturers and exporters to change their business strategies.

VOV.VN - A limited supply source of raw materials coupled with slowing market demand has been judged to be the main factor in the recent decline of Vietnamese shrimp export turnover, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

VOV.VN - In order to penetrate deeply into the UK market and became the premium rice product, Vietnam must devise a strategy aimed at improving its rice quality, as well as working out a plan to build a suitable rice brand.

The UK market still has considerable room for Vietnamese rice suppliers to boost exports thanks to the UK-Vietnam Free Trade Agreement (UKVFTA) tariff quota and the Vietnamese community of more than 100,000 people in the UK, a senior trade official has said.

The Ministry of Planning and Investment has just issued two circulars specifying instructions for handling bidding packages under the UK-Vietnam Free Trade Agreement (UKVFTA).

Trade revenue between Vietnam and the UK is expected to reach US$10 billion in the next one or two years thanks to strong support from the Vietnam-UK Free Trade Agreement (UKVFTA).

VOV.VN - Tariff quotas set out in the terms of the Vietnam – UK Free Trade Agreement (UKVFTA) as well as 100,000 Vietnamese people residing in the UK are viewed as important factors for promoting local rice exports to this market.

Pangasius exports increased by 83.2% in the first half of this year, the highest growth rate among fishery products, the latest data by the Vietnam Association of Seafood Exporters and Producers (VASEP) showed.