A seminar on new areas for trade and business cooperation, especially in energy, climate change adaptation, green transformation and finance, education, healthcare, technology, and infrastructure, between Vietnam and the UK was held by the Vietnamese Embassy in the UK in collaboration with British Expertise International (BEI) on April 18.

Speakers from the British Museum and Library have introduced documents on Vietnam’s culture and its long-standing ties with the UK, at a discovering-Vietnam event held at the D-Contemporary in central London.

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 - The UK is currently one of Vietnam's leading trading partners in Europe, while the Southeast Asian nation is the UK's top trading partner in ASEAN, ranking 26th among the European nation's export partners in the world.

Vietnamese agricultural product exporters that want to establish long-term business relationship with the UK need to have appropriate strategies, and approach potential partners in order to take advantage of export opportunities to this important market – the second biggest economy in Europe.

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.

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.

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. ​