Vietnamese businesses are advised to better exploit the UK-Vietnam Free Trade Agreement (UKVFTA) to build and develop brands and expand their presence in the UK market amid stiffer competition driven by the “Global Britain” policy.
Vietnam is an important partner of the UK, especially in the post-Brexit context, Speaker of the House of Commons of the UK Lindsay Hoyle told a Vietnamese diplomat.
Thailand and the UK have planned to ink a memorandum of understanding (MoU) on the establishment of a joint committee on commerce and economic cooperation, paving the way for a future free trade agreement (FTA).
The COVID-19 pandemic has had a heavy impact on every aspect of life in 2020, and the global economy had been especially hard hit. The Vietnam News Agency has selected the ten most significant global economic issues during the year.
Representatives from Vietnam and the United Kingdom signed a free trade agreement between the two countries in London on December 29 evening (Vietnam time).
Vietnam and the United Kingdom have enjoyed good growth in bilateral trade, increasing 3.5 times over the last decade. In 2017, bilateral trade hit 6.2 billion USD.
An online dialogue on policies and markets held on October 6 offered Vietnamese and UK enterprises an insight into the opportunities and challenges in trade and investment ties between the two nations following the UK’s withdrawal from the EU.
The National Assembly passed resolutions ratifying the EU – Vietnam Free Trade Agreement (EVFTA) and Investment Protection Agreement (EVIPA) at its ongoing ninth session in Hanoi on June 8.
The British Government announced on June 5 that the country had applied to become a dialogue partner of ASEAN as it sought to boost post-Brexit ties in the region.
Vietnam has been keeping a close watch on the United Kingdom’s withdrawal from the European Union (Brexit) and hopes that this process will take place smoothly, Spokeswoman of the Ministry of Foreign Affairs Le Thi Thu Hang has said.
Thailand needs to restructure the export, import and investment sectors to cope with mounting external risks, particularly from the ongoing trade war, the Brexit impasse and the international geopolitical situation, said Boonyarit Kalayanamit, permanent commerce secretary.
The UK government will continue a preferential trade scheme for Cambodia even after Brexit, according to Foreign and Commonwealth Office Minister for Asia and the Pacific Heather Wheeler.
British Foreign Secretary Dominic Raab travelled to Thailand on July 31 to attend a meeting of ASEAN foreign ministers in Bangkok to seek new trade opportunities and stronger diplomatic ties ahead of the country’s exit from the European Union (Brexit).
The conclusion of the EU – Vietnam Free Trade Agreement (EVFTA) marked the end of an arduous journey with three years of negotiations and another three years for preparation to reach the signing, according to Chairman of the Vietnam Chamber of Commerce and Industry (VCCI) Vu Tien Loc.
The Thai Commerce Ministry said on June 11 that the country will discuss with the European Union the impact of Brexit and restart negotiations on a free trade agreement (FTA) between the two sides at the 14th meeting of the EU-Thailand working group set for June 14 in Brussels, Belgium.
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