Source: VNA VNA
Trade surplus posts record high since 2016
Vietnam is estimated to enjoy a trade surplus of 19.1 billion USD this year – the highest since 2016.
Source: VNA Import-export: Highlight of Vietnam’s economy during 2015-2020
Import-export activities were a highlight of Vietnam’s economy during the 2015-2020 period. In 2020, trade surplus reached 19.1 billion USD, marking the highest in five consecutive years recording trade surplus since 2016.
Source: VNA Related News
UKVFTA creates more room for bilateral trade links
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.
New chapter in economic and trade cooperation between Vietnam and United Kingdom
The Vietnam-UK Free Trade Agreement (UKVFTA) was officially signed in London on the evening of December 29, 2020 (Vietnam time) and officially took effect from 23:00 on December 31, 2020. This is a historical event with important significance in the relationship between the two countries.
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